The Economic and Financial Crimes Commission (EFCC) will arraign former CBN Governor, Godwin Emefiele, on Monday, April 8, 2024, for alleged abuse of office over the allocation of billions of US dollars.
Emefiele and his co-defendant Henry Isioma Omole will appear in front of Justice Rahmon Oshodi on a 26-count indictment.
The charge sheet with the ID/23787c/2024 date is April 3, 2024.
According to the count, Emefiele “directed an act to be executed in abuse of his office, as the Governor of the Central Bank of Nigeria, which was arbitrary in nature, to wit: allocating foreign exchange without bids for $2,136,391,737.33, which is prejudicial to Nigerians’ rights.”
In the 1st count, Emefiele is charged with “abuse of office” in Lagos between 2022 and 2023, under Section 73 of the Criminal Law of Lagos State, 2011.
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The second count, which also included abuse of office, alleges Emefiele directed, between 2020 and 2021, in Lagos, to do an arbitrary act, in violation of your authority as the Governor of the Central Bank of Nigeria, to wit: allocating foreign exchange for a total of $291,945,785.59, without bids, a violation of Nigerians’ rights.
It was alleged in the 3rd count that Emefiele, as the Governor of the Central Bank of Nigeria in 2021, “directed to be done an arbitrary act in violation of your authority, to wit: redistributing $1,769,254,793.16 of foreign exchange to Nigerian citizens, which is prejudicial to Nigerian rights.”
According to count four, the amount involved was $370,872,893.01.
In count 5, Emefiele’s co-defendant Omoile was accused of, “about the 17th of November, 2020, in Lagos, within the jurisdiction of this Honourable Court whilst acting as an agent accepting from Raja Punjab through Monday Osazuwa, the total sum of $110,000, for GODWIN IFEANYI EMEFIELE, gifts as a reward for allocating foreign exchange by the Central Bank in favour of Raja Punjab’s employer.”
