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N6.9bn Fraud: Emefiele, CBN Staff Face 5 Years Imprisonment In Fresh Procurement Charges Filed By FG

That section reads, “Any public officer who uses his office or position to gratify or confer any corrupt or unfair advantage upon himself or any relation or associate of the public officer or any other public officer shall be guilty of an offence and shall on conviction be liable to imprisonment for five (5) years without option of fine.”

While Thursday has been fixed for their arraignment before the Federal Capital Territory High Court, the charge sheet signed by the Director of Public Prosecutions, Federal Ministry of Justice, Mohammed Abubakar, accused Emefiele, Sa’adatu Yaro and her company, April1616 Investment Limited, of conferring corrupt financial advantages on themselves by diverting public funds and purchasing exotic vehicles through the same.

Some of the counts reads, “That you, Godwin Ifeanyi Emefiele, male, adult, sometime in 2018 within the jurisdiction of this honourable court did use your position as Governor of the Central Bank of Nigeria to confer a corrupt advantage on Sa’adatu Ramallan Yaro, a staff member of the Central Bank of Nigeria by awarding a contract for the supply of 37 (Nos.) Toyota Hilux Vehicles at the cost of N854,700,000 only to April 1616 Investment Ltd, a company in which she is a director and thereby committed an offence.

“Statement of the offence: Conferring corrupt advantage contrary to section 19 of the Corrupt Practices and Other Related Offences Act 2000.’’

On Tuesday, the federal government sought to withdraw its illegal possession of firearms charges against Emefiele.

The arraignment in Lagos followed an order by an FCT High Court that the Department of State Services must charge the suspended CBN governor within one week or release him from prolonged detention which runs for over a month now.

THE WHISTLER was informed by an official working in the DSS that the first arraignment was an interim arrangement and would be followed by amended charges.

First Bank

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