Ex-CBN Governor Emefiele Faces 20 Charges in Procurement Fraud, Forgery Scandal

October 22, 2024
Ex-CBN Governor Emefiele Faces 20 Charges in Procurement Fraud, Forgery Scandal
  • Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele is facing a 20-count criminal charge, including conspiracy, breach of trust, and forgery, related to vehicle procurement fraud.

  • The Economic and Financial Crimes Commission (EFCC) has initiated the case against Emefiele, alleging that he misused his position to confer unfair advantages to two companies, April 1616 Nigeria Ltd and Architekon Nigeria Ltd.

  • Stephen Gana, the prosecution's 10th witness and former head of the procurement department at CBN, testified about the preferential treatment given to these companies during the bidding process.

  • Gana detailed that two Toyota Hilux vehicles were procured for N23.1 million each through selective bidding, with April 1616 awarded the contract after matching CBN's estimates.

  • Among the allegations, Emefiele is accused of forging a document that falsely purported to originate from the office of the Secretary to the Government of the Federation.

  • The defense has argued that the introduction of new witnesses violated Emefiele's right to a fair hearing, raising concerns about the prosecution's amended proof of evidence.

  • The defense counsel challenged the prosecution's amended proof of evidence, leading to the court's decision to adjourn the case until November 13, 2024.

  • Initially, Emefiele was charged alongside former CBN employee Sa'adatu Yaro and April 1616, but Yaro and the company were later dropped from the amended charges.

  • The prosecution requested this adjournment to accommodate a Supreme Court case involving Kogi and other states against the EFCC.

  • He also confirmed that a total of N99.9 million was spent on Toyota vehicles acquired from April 1616 through direct procurement, bypassing the selective bidding process.

  • Justice Hamza Muazu presided over the hearing and confirmed the new date for further proceedings.

  • Gana is also involved in a separate case against the EFCC filed by Kogi and 15 other states in the Supreme Court.

Summary based on 8 sources


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