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Emefiele’s absence stalls arraignment in Abuja

by Catherine Agbo
August 23, 2023
in Lead of the Day, National news
0
CBN fines three banks N800m for violating cryptocurrency order

Godwin Emefiele

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The scheduled arraignment of suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the Federal Capital Territory (FCT) High Court in Maitama has again stalled.

The arraignment which was initially scheduled for August 17, was stalled due to the absence of Sa’adatu Yaro, Emefiele’s co-accused.

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The case was then adjourned to August 23.

However, the case was not listed on the court’s cause list on Wednesday.

This was just as neither the suspended CBN governor nor the second defendant were present in court.

Emefiele and Yaro, an employee of the CBN, are to be arraigned alongside a firm known as April1616 Investment Ltd.

In the fresh 20-count charge filed by the federal ministry of justice, the suspended CBN governor and his co-defendants are accused of engaging in conspiracy and procurement fraud, among others.

Emefiele has been in the custody of the Department of States Services (DSS) since June and was first arraigned on July 25, on a two-count charge bordering on “illegal possession” of firearms at a federal high court in Ikoyi and was granted bail in the sum of N20 million.

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