The Lagos Zonal Command of the EFCC on Monday arraigned a former Governor of the CBN, Godwin Emefiele before Justice R.A. Oshodi of the Special Offences Court sitting in Ikeja, Lagos for an alleged $4.5bn and N2.8bn fraud.
Emefiele was arraigned alongside one Henry Omoile on an amended 26-count charge.
The former CBN Governor was specifically mentioned in counts one to four as well as counts eight to 26 bordering on alleged abuse of office, contrary and punishable under Section 73 of the Criminal Law of Lagos 2011;
accepting gratification, contrary and punishable under Section 8 of the Corrupt Practices and Other Related Offences Act 2000;
corrupt demand, contrary and punishable under Section 10 of the Corrupt Practices and Other Related Offences Act 2000; receiving property fraudulently obtained, contrary to and punishable under Section 328 of the Criminal Law of Lagos 2011;
and conferring corrupt advantage, contrary to Section 19 of the Corrupt Practices and Other Related Offences Act 2000.
