BREAKING: Ex-CBN Governor Emefiele Arrives in Lagos Court for Arraignment.

Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, who is currently facing multiple legal problems, appeared in Lagos’ Ikeja High Court.

Emefiele was arraigned in court on allegations connected to the alleged misuse of his office and the allocation of billions of dollars.
The contentious former CBN Governor was attended by his co-defendant, Henry Isioma Omole. This morning, Justice Rahman Oshodi will charge both individuals with 26 new counts.

According to the charge sheet, dated April 3, 2024, and with the reference ID/23787c/2024, the Economic and Financial Crimes Commission (EFCC) accused Emefiele of abusing his authority in Lagos between 2022 and 2023.

The commission alleged that 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 $2,136,391,737.33 without bids, which act is prejudicial to the rights of Nigerians.”