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The Nigerian government on Friday announced the conclusion of the investigation of the Central Bank of Nigeria (CBN) under former governor Godwin Emefiele. Ajuri Ngelale, a spokesman to President Bola Tinubu, in a statement, said the Nigerian leader commended Jim Obazee, former Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), for his […]
A Seventh Prosecution Witness, PW7, in the trial of a former governor of Central Bank of Nigeria (CBN), Godwin Emefiele on Monday told Justice Hamza Muazu of the Federal Capital Territory High Court, Abuja, how Emefiele allegedly signed and approved the award and payments of contracts to April 1616 Investment Limited and Architekon Nigeria Limited. The companies allegedly belong to Sa’adatu Ramalan Yero, his wife, Margaret Emefiele and his brother-in-law respectively.
The witness said Mr Emefiele, as the CBN governor, awarded 45 contracts, conferring corrupt advantage on family members and associates.
Godwin Emefiele has been alleged of awarding 45 contracts totalling billions of naira to relatives and associates, including his wife and an employee of the CBN.
The Economic Financial Crimes Commission (EFCC) says that former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele allegedly awarded multi-billion naira worth of contracts to his family members and associates. EFCC spokesman, Dele Oyewale, in a statement, said a seventh Prosecution Witness, PW7, in the trial of Emefiele revealed this on Monday, March […]