JUST IN: Emefiele arrives Lagos court for arraignment

Godwin Emefiele, the embattled ex-governor of the Central Bank of Nigeria, has arrived at the Ikeja State High Court in Lagos for his arraignment over alleged abuse of office and allocation of billions of dollars.

Emefiele and Henry Isioma Omole, his co-defendant will be arraigned on fresh 26 counts before Justice Rahman Oshodi this morning.

In the charge titled ID/23787c/2024 and dated April 3, 2024, the country’s anti-graft alleged that Emefiele abused his office between 2022 and 2023 in Lagos.

The commission alleged that Emefiele “directed to be done in abuse of the authority of your office, as the Governor, Central Bank of Nigeria, an arbitrary act, to wit: allocating foreign exchange in the aggregate sum of $2,136,391,737.33 without bids, which act is prejudicial to the rights of Nigerians.”

Details later…