Emefiele will be arraigned over N6.9 billion procurement fraud, conspiracy, and conferring corrupt advantages on his associates, alongside a female CBN employee, Sa’adatu Yaro, and her company, April 1616 Investment Limited.
Emefiele is accused of conferring corrupt advantages on Yaro, a director in April 1616 Investment Ltd., an offence contrary to Section 19 of the Corrupt Practises and Other Related Offences Act 2000, which is punishable with five years imprisonment without the option of a fine.
The accused persons were alleged to have bought 98 exotic vehicles and armoured buses valued at N6.9 billion, including 84 Toyota Hilux, three Toyota Landcruisers, one Toyota Avalon, and 10 armoured Mercedes Benz buses, between 2018 and 2020.
The accused persons were alleged to have bought 98 exotic vehicles and armoured buses valued at N6.9 billion, including 84 Toyota Hilux, three Toyota Landcruisers, one Toyota Avalon, and 10 armoured Mercedes Benz buses, between 2018 and 2020.
The fresh charge comes 24 hours after the federal government announced its withdrawal of the “illegal possession of firearms” charge against him before the Federal High Court in Lagos on Tuesday.
Emefiele has been in detention since his suspension by President Bola Tinubu on June 9,2023
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Emefiele has been in detention since his suspension by President Bola Tinubu on June 9,2023
from Dailypost
Emefiele don see shege banza promax.
ReplyDeleteI wonder why DSS is insisting on handling a case of fraud when it's not part of it's duties.
ReplyDeleteThe frivolous charge of illegal arms is more their style but just don't understand why they are holding on to him like he robbed the entire CBN vault.
Anyways, let's see how it goes...
AMETHYST THEE LAWYER