Which is more stronger Karma or Nemesis? Whatever it may be it has finally caught up with Fmr CBN Boss. Goodwin Emefiele while thinking of the best tone to say “ not guilty” to the ongoing case against him in the federal high court.
What can one way, nobody knows your thought. Or who knows?
The EFCC chairman and his team were working diligently to uncover to Monetary assault, that added eventually to his portfolio in the court. Indeed! hardwork pays.
Yes! It is a fresh case. Wait, I hope you know that the great Economist on the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of N375,520,000.00 pieces of colour swapped N1, 000, at the total cost of N11,052, 068,062 without the recommendation of the Board of Central Bank and the strict approval of the President.
Exactly, that incident that made the POS man in your street become the low key Elon Musk.
The effect of this remains evergreen in Nigeria History, it was a case that resulted to hyper inflation, low purchasing power and imperfect market. At that period, the current in currency went off.
“That you, Godwin Ifeanyi Emefiele, on or about the 7th day of October 2020, in Abuja, within the jurisdiction of this Honorable Court, knowingly disobeyed the direction of Section 80 of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended), by approving the withdrawal of the total sum of N124, 860, 227, 865.16 from the Consolidated Revenue Fund of the Federation in a manner not prescribed by the National Assembly, which conduct of yours caused injury to the public and you thereby committed an offence.”
It will be recalled that President Bola Tinubu had on June 9, 2023, suspended Emefiele from office as the head of the apex bank.
He was later arrested at his Lagos residence by DSS operatives.
The former CBN boss was subsequently transferred to the custody of the EFCC, which on November 28, 2023, docked him on a six-count charge that bordered on his alleged involvement in procurement fraud.Though Emefiele, who initially spent 151 days in custody of security agencies, was later granted bail to the tune of N300million and ordered to produce two sureties that the trial court stressed must be Abuja residents that have landed property within the Maitama District, the defendant could not perfect the conditions till December 23, 2023, when he was released from Kuje prison where he spent about 34 days.
Whatever the fate of Emefiele is right now is left judge to decide, most people won’t hesitate to hit the gavel against Emefiele. Raise your hands up if you have case too for the court to decide, you could possibly join the EFCC joblist.
Don’t forget?
- New charges: Emefiele faces fresh charges over the printing of Naira notes and the withdrawal of billions from the consolidated revenue fund.
- Allegations: He is accused of disobeying the direction of the CBN Act and the Constitution of the Federal Republic of Nigeria.
- Court proceedings: Emefiele is expected to take his plea before trial Justice Maryann Anenih.
- Previous charges: Emefiele is already facing multiple charges both in Abuja and Lagos.
- New arraignment: The EFCC is set to arraign Emefiele on three fresh amended charges on May 15.
