BREAKING: Ex-CBN Governor, Emefiele Arrives Lagos Court For Arraignment

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, who is currently facing numerous challenges, has appeared at the Ikeja High Court in Lagos.

Naija News reports that Emefiele was arraigned before the court to face charges related to the alleged misuse of his position and the allocation of billions of dollars.

The embattled ex-CBN Governor was accompanied by his co-defendant, Henry Isioma Omole. This morning, Justice Rahman Oshodi will present both individuals with 26 fresh charges.

Moment Ex-CBN Governor Godwin Emefiele arrived at the court on Monday, April 8, 2024

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.”