Fresh charges against ex-CBN governor Emefiele at glance

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Fresh charges against ex-CBN governor Emefiele at glance
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Mr Emefiele pleaded not guilty to all the fresh charges, marking the beginning of the second fraud and corruption case filed against him by the EFCC since his indictment as a special investigator.

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PREMIUM TIMES reported that Mr Emefiele pleaded not guilty to all the fresh charges, marking the beginning of the second fraud and corruption case filed against him by the EFCC since his indictment by Jim Obaze, a special investigator engaged by President Bola Tinubu to investigate the activities of the CBN on his watch.

The prosecution alleged that he corruptly received funds from companies like NIPCO Plc and Raja Punjab and conferred corrupt advantage on his associates, including Limelight Multidimensional Services Ltd, Adswin Resources Solution Ltd, and COMEC Support Services Ltd. The commission, in the amended charges, increased the number of counts from six to 20, and dropped a former co-defendant’s name, Sa’adatu Yaro, from the case.

*Conferred corrupt advantage on his associate, Limelight Multidimensional Services Ltd to the tune of ₦1, 060,030,249.42

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