Emefiele set to be released

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2 Min Read

SaharaReporters exclusively reports that the embattled former Central Bank Governor, Godwin Emefiele, is set to be released from the detention of the Department of State Services (DSS) after his plea bargain with the President Bola Tinubu’s administration has been concluded.

SaharaReporters further gathered that the non-prosecution plea bargain for Emefiele was being premised upon the former governor’s willingness to return N50billion which he had corruptly amassed.

SaharaReporters understands that the Minister of Justice and Attorney-General of the Federation (AGF), Lateef Fagbemi, has signed the non-prosecution plea bargain and it is waiting for Tinubu’s approval.

SaharaReporters had in August reported that Emefiele faced 20 counts of conspiracy and procurement fraud levelled against him by the Nigerian government. He had on August 17, 2023, been brought to court under tight security.

“The exclusive deal has been finalised awaiting Tinubu’s order. Tinubu is expected back in Nigeria this weekend after a medical visit to France. The DSS traced N72billion to a series of accounts which Emefiele had planned to use for his Presidential run. Also, $70million he hid with a couple who specialised in helping him to do round tripping was discovered,” a top source revealed to SaharaReporters on Friday.

“The federal investigators have traced ownership of Polaris bank to Emefiele. As well as several other banks he used people to set up,” the source revealed further.

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A group of seasoned crime reporters drawn from reputable media organisations in Nigeria. To help in creating a friendly Nigerian Police Force that meets the yearnings and aspirations of the citizens towards policing and security of lives and properties. To showcase the positive sides of the Force, as well as celebrating the great feat of police personnel, who have shown uncommon courage in the discharge of his / her responsibility. In the same vein, through objective ratiocination, identify the areas of shortcomings for corrections. We welcome you on board on this journey to build an enviable Nigeria Police Force by actively playing the role of a watch dog. Watch out for crime stories and other security titbits.
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