Ex-CBN director reveals how Emefiele got $600,000 cash as kickback from contractors

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Ex-CBN director reveals how Emefiele got $600,000 cash as kickback from contractors
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A former director at the Central Bank of Nigeria , John Ikechukwu Ayoh, has made some allegations against the embattled former governor of the apex bank, Godwin Emefiele.

At the court proceedings on Monday, the Economic and Financial Crimes Commission presented Ayoh as the second witness in the case against Emefiele. 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.

Ayoh said he collected $400,000 and $200,000 in cash from contractors on two different occasions and handed them over to Emefiele’s PA. “The first package was collected in my residence at Lekki phase one, while the second package was collected at the head office in Lagos.” Asked if he indicated in his statement with the EFCC that the money was meant to influence the award of contracts, the witness said some parts of his statement implied that.“The cash is for gratification to the governor for awarding the contracts. He asked for it. He won’t approve the contract without gratification,” the witness said.

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