HighlightTop StoryTrending Story

Alleged N6.9bn procurement fraud: Again, Emefiele’s arraignment stalled

768

The much-anticipated arraignment of the suspended Central Bank of Nigeria Governor, Godwin Emefiele, over an alleged N6.9 billion procurement fraud was again stalled on Wednesday.

This is as the case was not listed on the cause list of a Federal Capital Territory (FCT) High Court in Abuja with no reason given, and lawyers to both parties were also absent in court.

Persecondnews recalls that the suspended CBN governor, who appeared before the court last Thursday, August 17, was supposed to be arraigned but the arraignment was stalled due to the absence of the second defendant, who was said to be ill.

Although Emefiele, who is the first defendant was present in court, the second defendant, a female CBN employee, Sa’adatu Yaro, was not in court.

Justice Hamza Muazu had adjourned the case to Wednesday, August 23, for the arraignment of the defendants.

Persecondnews reports that the embattled apex bank chief, who has been in detention since he was suspended from office on June 9, 2023, was accused of conferring corrupt advantages on Yaro, a CBN Director in April 1616 Investment Ltd.

The offence is contrary to Section 19 of the Corrupt Practices and Other Related Offences Act 2000.

The embattled Emefiele was also said to have conferred a corrupt advantage on Yaro by awarding a contract for the supply of one Toyota Avalon at the cost of N99.9m to her company, April1616 Investment Ltd. in 2019.

The ex-CBN governor was said to have conspired with Yaro to confer corrupt advantages on the CBN staffer by awarding to her a contract for the supply of two Toyota Hilux Shell specification vehicles, at the cost of N44.2m sometime in 2020..

Emefiele was further alleged to have awarded another contract to Yaro and her firm for the purchase of one Toyota Landcruiser VXR valued at N96m in 2020.

Yaro was similarly accused of fraudulent acquisition of property for getting a contract from the CBN for the supply of 47 Toyota Hilux vehicles at the cost of N1,085, 700,000 and thereby committed a punishable offence.

In the charges signed by the Director of Public Prosecutions, Federal Ministry of Justice, Mohammed Abubakar; Deputy Director, Public Prosecution, Mrs Nkiru Jones-Nebo and eight other ministry officials, the three accused persons were alleged to have bought a fleet of over 98 exotic vehicles and armoured buses valued at about N6.9bn.

Some of the vehicles reported to have been bought between 2018 and 2020 included 84 Toyota Hilux vehicles, 10 armored Mercedes Benz buses, three Toyota Landcruisers, and one Toyota Avalon car.

 

 

Leave a comment

Related Articles

Nigeria Launches Climate Investment Playbook to Unlock $25-$30bln Annually – Pres. Tinubu

Nigeria has introduced a Climate and Green Industrialization Investment Playbook, aiming to...

Nigerian Military Receives Major Boost from US Defense Shipment

The United States has delivered military supplies to Nigerian security agencies in...

Tinubu in Abu Dhabi for Sustainability Summit, Strengthens Nigeria-UAE Ties

President Bola Tinubu arrived in Abu Dhabi on Sunday night to attend...

CDS Oluyede Unveils Plans for Improved Salary, Welfare for Nigerian Military

Chief of Defence Staff (CDS) Gen. Olufemi Oluyede has announced a significant...

Tinubu Orders Full-Scale Hunt for Terrorists Behind Kasuwan Daji Massacre

President Bola Ahmed Tinubu has condemned the “barbaric” attack on Kasuwan Daji...

Missing ₦128bln: SERAP Demands Immediate Probe of Power Ministry, NBET

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola...

Anthony Joshua: How driver saved his life before fatal crash

In a harrowing turn of events, former World Heavyweight Champion Anthony Joshua...

Canada Deports 366 Nigerians in 2025, 974 Now Face Removal

Driven by the fastest pace of immigration enforcement in ten years, Canada...

Fatal Crash: Anthony Joshua’s Driver Hauled Up in Court, Allegedly Drove Without Valid Licence

Adeniyi Mobolaji Kayode, the driver of the Lexus SUV involved in the...

Damilola Oni upbeat about 2026 as fans rally behind her

Nigerian actress Damilola Oni has stepped into the new year with renewed...

Just In: Detained Malami, son, wife not yet off the hooks, bail deferred to Jan. 7

The hopes of former Attorney-General Abubakar Malami and his family to celebrate...

Vehicle Owners Get Reprieve as Police Again Suspend Tint Permit Enforcement

The Nigeria Police Force has announced a further suspension of the Tinted...

New Year’s Tragedy: Catholic Priest Slumps, Dies During Sermon

The Catholic community in Delta State is in mourning following the sudden...

Just in: New Year Gesture: Akpabio Withdraws Suits Against Natasha, Others

Inspired by a New Year’s message on forgiveness, Senate President Godswill Akpabio...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

Tinubu’s New Year Vow: More Reforms, Safer Nigeria

President Bola Tinubu has declared that Nigeria is entering a “robust phase”...

From FIRS to NRS: New Logo, Pledges Improved Service

Zacch Adedeji, Chairman of the newly established Nigeria Revenue Service (NRS), has...

Ondo Scandal: Female Commissioner Allegedly Physically Assaults Female Magistrate

For allegedly physically assaulting a Chief Magistrate, Mrs.Temitope Alphonso, the Ondo State...

Lagos boat accident claims six lives, four rescued

A tragic boat accident along the Nigerdock axis of the Igbologun Water...

Just In: Heirs Energies Acquires 20% Stake in Seplat Energy for $500m

Heirs Energies, a leading indigenous integrated energy company, has acquired a 20.07%...