Court Adjourns Hearing Of FG’s N6.9bn Fraud Case Against Emefiele

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Court grants Godwin Emefiele N300 million bail amid ongoing legal proceedings
Court grants Godwin Emefiele N300 million bail amid ongoing legal proceedings

Court Adjourns Hearing Of FG’s N6.9bn Fraud Case Against Emefiele

The Federal Capital Territory (FCT) High Court has adjourned the hearing of the Nigerian government’s fresh N6.9bn procurement fraud case against the suspended governor of the Central Bank of Nigeria (CBN).

Emefiele on Thursday, August 17, 2023, was arraigned in the court alongside a female CBN employee, Sa’adatu Yaro and her company, April1616 Investment Limited on 20 charges of procurement fraud, conspiracy, and conferring corrupt advantages on his associates.

The offence is contrary to Section 19 of the Corrupt Practices and Other Related Offences Act 2000.

However, the arraignment was stalled on due to the absence of the second defendant, Sa’adatu Yaro.

According to Yaro’s counsel, she took ill this morning which made her presence in court impossible. August 23 was fixed for the arraignment by Justice of the Federal Capital Territory FCT High Court, Justice Muazu Hamza.