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Ex-CBN Gov Emefiele Arraigned Over Unlawful Possession of 753 Duplexes, N4bn

Ex-CBN Gov Emefiele Arraigned Over Unlawful Possession of 753 Duplexes, N4bn

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 He was docked on 8-count charges, which the ex-CBN Governor vehemently denied.

 
The Federal Government has arraigned a former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele.
 
He was arraigned on Monday on charges of unlawful possession of 753 housing units in Abuja and various sums of money amounting to over four billion naira in a Zenith Bank account.
 
He was docked on 8-count charges, which the ex-CBN Governor vehemently denied.
 
Among others, Emefiele was accused of unlawfully having in his control properties at Plot 109, Cadastral Zone C09, Lokogoma District, Abuja, spanning 150,462.86 square meters and containing 753 housing units.
 
He was, along with one Eric Ocheme (said to be at large), accused of having in his unlawful control a sum of N76.3M in bank account number 1016232915 at Zenith Bank.
 
In a separate count, the former Governor of CBN was alleged to have had control of N2.9B in the same account and another N1.9B suspected to be proceeds of unlawful activities.
 
Emefiele, however, pleaded not guilty to all the charges.
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