The Economic and Financial Crimes Commission (EFCC) has escalated its legal pursuit of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, filing 26 new charges related to abuse of office and corruption against him.
Emefiele is scheduled to appear before Justice Rahman Oshodi of the Lagos High Court, Ikeja, on Monday, April 8, to face allegations including accepting gratification, receiving gifts through agents, corruption, fraudulent receipt of property, and granting corrupt advantages to associates. These charges are in violation of the Corrupt Practices Act of 2000.
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The EFCC prosecutor, Rotimi Oyedepo (SAN), submitted the list of charges on April 3rd, with the first count accusing Emefiele of directing the allocation of $2,136,391,737.33 in foreign exchange without proper bidding processes between 2022 and 2023 in Lagos. This action is alleged to have been detrimental to the rights of Nigerians.
Emefiele’s arraignment marks a significant development in the ongoing legal proceedings, with implications for both his personal standing and the broader financial integrity landscape in Nigeria.