EFCC Set to Arraign Godwin Emefiele in Lagos Court

Taiwo Ajayi
1 Min Read
Godwin Emefiele arriving court in July

The Economic and Financial Crimes Commission (EFCC) is gearing up to arraign the former Central Bank of Nigeria Governor, Godwin Emefiele, on Monday, April 8, 2024, at the Ikeja State High Court in Lagos.

Emefiele, along with his co-defendant Henry Isioma Omole, faces a 26-count charge of alleged abuse of office over the allocation of billions of United States dollars.


The charges, filed by Mr. Rotimi Oyedepo (SAN) and marked ID/23787c/2024, accuse Emefiele of directing arbitrary acts, including allocating foreign exchange without bids, between 2022 and 2023, amounting to $2,136,391,737.33. Additionally, similar allegations extend to other periods, including 2020 and 2021.

READ ALSO: How Emefiele Allegedly Awarded Multi-Billion Naira Contracts to Family & Associates-Witness

Emefiele’s alleged abuse of authority, as outlined by the EFCC, is said to be prejudicial to the rights of Nigerians. His co-defendant, Omole, is also implicated for accepting gifts in connection with Emefiele’s actions.

The offences are said to contravene Section 73 of the Criminal Law of Lagos State, 2011.

Emefiele’s appearance in court marks a significant development in this ongoing legal saga.

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