Emefiele collected $600k kickback in cash from contractors, former CBN director tells court

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Emefiele collected $600k kickback in cash from contractors, former CBN director tells court
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John Ikechukwu Ayoh, a former director at the Central Bank of Nigeria (CBN), has testified against Godwin Emefiele, former governor of the apex bank, in the ongoing case at the Lagos high court.

John Ikechukwu Ayoh, a former director at the Central Bank of Nigeria , has testified against Godwin Emefiele, ex-governor of the apex bank, in the ongoing case of abuse of office at the Lagos high courtThe former CBN governor and Omoile pleaded not guilty to all the charges.

The witness said he was the head of procurement and support services of the apex bank, which was vested with powers to receive bids and select successful bidders.The former CBN director said he collected money from contractors as gratification of awarding contracts to them based on the instruction from Emefiele.

“The first transaction was $400,000 and the second one was $200,000 in cash. I was in my house when the first envelope was brought to me. His assistant was asked to collect the money,” he told the court.“One of the vendors had a contract with CBN which involved the implementation of data storage and infrastructure.

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