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More Troubles for Emefiele as FG Amends Fraud Charges

Former Governor of the Central Bank of Nigeria (CBN), Godwin Ifeanyi Emefiele, faces renewed legal challenges as the Federal Government amends the charges against him, increasing the count from six to 20. The charges encompass forgery, conferring of corrupt advantage, and criminal breach of trust, among others. Originally, 19 charges were filed against Emefiele related […]

Special Investigation Uncovers Sordid Details of Emefiele’s Tenure at CBN

Godwin Emefiele, the former Central Bank Governor, faces allegations tied to the acquisition of Union Bank and Keystone Bank, with a government-recommended nationalization looming over the institutions, according to a report from the banks’ special investigator. In a document obtained by Outlook Nigeria, Special Investigator Sam Obazee’s report to President Bola Tinubu revealed discrepancies in […]

Emefiele Granted N300m Bail

Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court has granted former Central Bank of Nigeria (CBN) governor Godwin Emefiele a bail sum of N300 million, with two sureties in similar amounts. Emefiele must also surrender his travel documents, and the two sureties need to own landed property in Maitama, Abuja, and deposit […]

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