Monday, April 29, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

AT A GLANCE: The fresh 26-count charges filed against Emefiele by EFCC

AT A GLANCE: The fresh 26-count charges filed against Emefiele by EFCC
April 09
23:31 2024

The Economic and Financial Crimes Commission (EFCC) has released details of the fresh 26-count charges filed against Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN).

Emefiele was arraigned on Monday by the federal government alongside his co-defendant, Henry Omole, before Rahmon Oshodi, a judge at the Ikeja high court.

The two defendants pleaded not guilty to the 26-count charges preferred against them.

THE COUNTS

Advertisement

In the details published by the EFCC on Tuesday, only 18 out of the 26 counts are directly related to the former CBN governor.

In count one, Emefiele is accused of  “allocating forex of $2,136,391,737.33 without bid”.

In count two, he was said to have allocated forex of $291,945,785.59 without bid”.

Advertisement

Count three alleges “abuse of office by special allocating of forex of $1,769,254,793.16”.

Count four alleges “abuse of office by special allocating of forex of $370,872,893.01”. 

Count eight borders on “corruptly received $26,552,000 from NIPCO Plc”.

Count nine accuses the ex-CBN governor of corruptly receiving $740,000 from NIPCO Plc.

Advertisement

In count 10, Emefiele was said to have “corruptly received $2,410,000 from Raja Punjab on account of forex to his employer”. 

Count 11 states that he “corruptly received $6,320,000 from Raja Punjab on account of forex to his employer”.

Count 12 states he “corruptly received $7,720,000 from Raja Punjab on account of forex to his employer”.

Count 13 accuses him of corruptly receiving $850,000 from Raja Punjab on account of forex to his employer.

Advertisement

Count 18 accuses him of corruptly receiving $400,000 from Source Computer Ltd as a kickback for a contract award.

In count 19, Emefiele “corruptly received $200,000 from Source Computer Ltd as a kickback for contract award”.

Advertisement

In count 21, he “conferred corrupt advantage on his associate, Limelight Multidimensional Services Ltd to the tune of N900,216,324.21”. 

In count 22, he  “conferred corrupt advantage on his associate, Limelight Multidimensional Services Ltd to the tune of N1,060,030,249.42”.

Advertisement

In count 23 he is also alleged to have conferred corrupt advantage on his associate, Comec Support Services Ltd to the tune of N149,001,009.70.

Count 24 Emefiele “conferred corrupt advantage on his associate, Comec Support Services Ltd to the tune of N151,168,458.73”.

Advertisement

Count 25, he “conferred corrupt advantage on his associate, Adswin Resources Solution Ltd to the tune of N398,031,732.32”.

Count 26, Emefiele “conferred corrupt advantage on his associate, Adswin Resources Solution Ltd to the tune of N204,992,739.51”.

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.