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Emefiele arrives court ahead of arraignment for ‘fraud’

Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), is set to be arraigned before a federal capital territory high court in Maitama.

The FCT high court is presided over by Hamza Muazu.

Emefiele was arraigned with one  Sa’adatu Yaro (said to be an employee of the CBN) and 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 DSS custody since his arrest in June.

On July 25, he was arraigned 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.

Nicholas Oweibo, the judge, had ordered that Emefiele be kept in the custody of the Nigeria Correctional Service (NCoS) pending the fulfilment of his bail conditions.

But the DSS insisted that Emefiele must return to its custody — a development that led to the face-off between the secret police and prison officials.

After the face-off, DSS rearrested Emefiele on the court premises.

The secret service proceeded to file an application before a high court of the federal capital territory seeking to further detain the suspended CBN governor.

The application was struck out after it was withdrawn by the service over jurisdictional concerns

On August 3, the federal government also filed an application before the federal high court in Lagos, seeking leave to appeal against the order granting bail to Emefiele.

On August 15, the federal government made an oral application to withdraw the charge of “illegal possession of firearms” against Emefiele


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