Connect with us

news

“This man’s suffering go too long” – Godwin Emefiele Returns To EFCC Custody Over Alleged Fraud

Published

on

Godwin Emefiele in court

Godwin Emefiele arrived at the Lagos State High Court in Ikeja around 8 a.m. on Monday for his arraignment on charges of abuse of office and the allocation of billions of US dollars.

The commission alleged that the former governor of the Central Bank of Nigeria (CBN) abused his office between 2022 and 2023, in Lagos.

Emefiele was also accused of arbitrarily allocating foreign exchange in the “aggregate sum of $2,136,391,737.33 without bids, which act is prejudicial to the rights of Nigerians”.

In the second count, the federal government alleged that between 2020 and 2021, Emefiele “directed to be done in abuse of the authority of your office, as the Governor, Central Bank of Nigeria, an arbitrary act to wit: allocating foreign exchange in the aggregate sum of $291,945,785.59, without bids, which act is prejudicial to the rights of Nigerians”.

In the third count, Emefiele was accused of arbitrarily “allocating foreign exchange in the aggregate sum of $1,769,254,793.16, which act is prejudicial to the rights of Nigerians”.

Emefiele’s co-defendant was accused of accepting the sum of $110,000 on behalf of the former CBN governor as “reward for allocating foreign exchange by the Central Bank in favour of Raja Punjab’s employer”.

Watch the video below.

There have been several reactions on social media following the news update.

“This man’s suffering go too long”, One said.

Another said; “This guy don see watin pass the money wey him chop”.

Another person said; “He is one of the people who cause the problems we have in Nigeria today”.

Someone also said; “The Tinubu government should not allow this man go with all the loot. They should recover all the money he stole from Nigeria.”

I enjoy writing about sports news, business, scholarship programs, and movies, among other topics. When I'm not creating content, I'm most often playing chess.

Trending