Emefiele’s arraignment postponed till August 23

The Federal High Court, Abuja has postponed the arraignment of suspended Central Bank of Nigeria (CBN) governor, Godwin Emefiele due to the absence of the first and second defendants, who are allegedly ill.

Emefiele, along with the other defendants were charged with an alleged N6.9 billion procurement fraud.

But only the suspended CBN governor appeared in court Thursday.

Emefiele will be charged with 20 counts of procurement fraud, conspiracy, and providing corrupt benefits to his accomplices together with a female CBN employee – Sa’adatu Yaro and her business, April1616 Investment Limited.

The embattled apex bank leader, who has been detained since he was removed from office on June 9, 2023, was charged with giving Yaro, a director of April 1616 Investment Ltd., corrupt favours.

The activities in question contravene the Corrupt Practices and Other Related Offences Act 2000’s Section 19.

Meanwhile, a Federal High Court in Lagos will sit on Thursday to consider a request by the Federal Government to withdraw the “illegal possession of firearm charge” against Emefiele.