Court remands Emefiele in EFCC custody

Godwin Emefiele, the embattled former Governor of the Central Bank of Nigeria, has been remanded in the custody of the Economic and Financial Crimes Commission (EFCC) until Thursday, April 11, 2024.

Emefiele and his co-defendant, Henry Isioma Omole, were arraigned on 26 new counts before Justice Rahman Oshodi this morning.

The EFCC accused Emefiele of abusing his office in Lagos between 2022 and 2023 in the suit ID/23787c/2024, which was filed on April 3, 2024.

The commission alleged that the former CBN governor “directed to be done in abuse of the authority of your office, as the Governor, Central Bank of Nigeria, an arbitrary act, to wit: allocating foreign exchange in the aggregate sum of $2,136,391,737.33 without bids, which act is prejudicial to the rights of Nigerians.”