BREAKING: Godwin Emefiele To Remain In Prison
Emefiele will remain in the Kuje prison pending when he meets N300m bail conditions
Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), will stay behind bars for not providing the N300 million bail sum that a Federal Capital Territory (FCT) High Court mandated.
The case was also postponed by the court until January 18, 2024, so that the trial may continue.
Emefiele was charged with six revised counts of potentially fraudulent activities by the Economic and Financial Crimes Commission (EFCC).
Justice Hamza Muazu presented Emefiele with an arraignment.
Earlier, Mr. Mathew Burkaa, SAN, Emefiele's attorney, had obtained the application for his bail.
The six counts that Emefiele is accused of;
That you, Godwin Ifeanyi Emefiele, male, adult...
1. Corruptly confer an advantage on Sa'adatu Ramallan Yaro, a staff of the CBN, by awarding contract for the supply of 37 Hilux vehicles at cost of N854.7m in 2018
2. Corruptly confer an advantage on a company where a CBN Staff is a director by awarding a contract for the supply of one Toyota Avallon at the cost of #99.0m
3. Conferring corrupt advantage contrary to Section 16 of ICPC Act Toyota Landcruiser V8 in 2019 at the cost of N73.0m
4. Illegal award for the supply of Toyota Land cruiser V8: #73.8m
5. Award of contract for supply of 2 Toyota Hilux in 2020:#44.2m
6. Illegal purchases of 43 vehicles between 2018 & 2020: #1.2bn.
Case Postponed Until January 18, 2024
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