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Nairaland Forum / Nairaland / General / Politics / Former CBN Governor Emefiele Freed From Kuje Facility. (979 Views)
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Former CBN Governor Emefiele Freed From Kuje Facility. by Masterstroke4: 4:12pm On Dec 23, 2023 |
Former CBN Governor Emefiele Freed From Kuje Facility. Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been released from the Kuje Correctional Centre in Abuja after meeting his bail conditions. The development was confirmed on Saturday by Adamu Duza, spokesperson for the correctional facility, stating that Emefiele was released on Friday, December 22. Emefiele, who served as CBN chief from 2014 to 2023, was arrested in June by the Department of State Services (DSS), the day after he was suspended as CBN governor by President Bola Tinubu. He has since remained in custody and was later arraigned on a 20-count charge of procurement fraud. The charges were later reduced to one, accusing him of awarding a contract for the purchase of 43 vehicles worth N1.2 billion to a female employee of CBN and her company. Emefiele was also charged alongside Sa’adatu Yaro, a female employee of CBN, and her company, April 1616 Investment. Following his plea of “not guilty,” Emefiele was remanded in the Kuje correctional facility in November pending a ruling on his bail application. On Wednesday, November 22, a federal capital territory high court granted him bail in the sum of N300 million, with strict conditions including two sureties with property within the Maitama district of Abuja. Emefiele’s release comes amidst ongoing investigations into his tenure at the CBN, where he was accused of operating 593 bank accounts in the United States, the United Kingdom, and China, where Nigerian funds were allegedly kept without authorization by the CBN’s Board and Investment Committee. According to a report by Jim Obazee, a special investigator appointed by the president, billions of naira were allegedly stolen from the CBN’s accounts by Emefiele and other officials, including a “fraudulent cash withdrawal of $6.23 million” just before the 2023 elections. “The former governor of CBN, Godwin Emefiele, invested Nigeria’s money without authorization in 593 foreign bank accounts in the United States, China and the United Kingdom while he was in charge,” the report said. “All the accounts where the billions were lodged have all been traced by the investigator.” The investigation report stated that in the United Kingdom, 543.4 million pounds were kept by Emefiele in fixed deposit accounts, noting that Emefiele manipulated the Naira exchange rate and committed fraud in the CBN’s e-Naira project. It also disclosed the embezzlement of $6.23 million from the Central Bank of Nigeria’s vault between February 7 and 8, just two weeks before the presidential and National Assembly elections. The funds were reportedly released under the pretext of presidential approval for payments to foreign election observers.
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Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Bobloco: 4:25pm On Dec 23, 2023 |
He is a free man because they got absolutely nothing on him They accused him of orchestrating the cash scarcity that accompanied the Naira redesign policy, six months since he left of office Nigerians are still being subjected to a more wicked cash scarcity era Who are they deceiving Of course, they can only deceive minions, Agbadorians and Bulabans 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Bliss51: 4:33pm On Dec 23, 2023 |
They want him to spend Christmas with his family |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Lastmankc(m): 4:36pm On Dec 23, 2023 |
This guy and buhari should be executed |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Justiceleague1: 4:44pm On Dec 23, 2023 |
Coneheaded structures will hang themselves today ![]() ![]() 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by tunde1200(m): 5:09pm On Dec 23, 2023 |
Useless man who put a whole nation in jeopardy. May your generation suffer this same pain you inflict on us all. |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 5:13pm On Dec 23, 2023 |
The man was arrested because he is an Igbo man |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 5:15pm On Dec 23, 2023 |
Lastmankc: Buharri is fulani, they won't touch him 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by blabulu2000: 6:49pm On Dec 23, 2023 |
vanbonattel: Why was Ekweremadu arrested in the UK... because he is an Igbo man... Tribal -/blindfolded .onikuure 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 6:59pm On Dec 23, 2023 |
blabulu2000: Dieziani Emefiele Ekwueme Olisa metuh 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Houseontherock1: 7:01pm On Dec 23, 2023 |
His cash scarcity policy will forever haunt Nigerians...he already set a bad precedence and his successor is upholding it ![]() |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by opamoses1: 7:03pm On Dec 23, 2023 |
vanbonattel:Always acting like a Victim. Sambo Dasuki was dragged under Fulani, no one said it's because he was fulani. 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by BloomingDale(f): 7:04pm On Dec 23, 2023 |
tunde1200: Cardoso in change and there is cash scarcity. Should cardoso be classified as a useless man too? 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 7:05pm On Dec 23, 2023 |
opamoses1: Dasuki locked buharri and caused him to have a loss. That was pure old Payback. How about ekwueme and Shagari? Explain. 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by opamoses1: 7:06pm On Dec 23, 2023 |
vanbonattel:Dasuki locked Buhari right? Now do the same for Abdulrasheed Maina 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 7:06pm On Dec 23, 2023 |
BloomingDale: Cardizo is yoruba. They will arrest and lock up any Igbo man in charge of the vaults. |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Pussycokie45: 7:06pm On Dec 23, 2023 |
Justiceleague1: Phahahahahajaha 1 Like 1 Share |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Pussycokie45: 7:06pm On Dec 23, 2023 |
tunde1200: Shatap Drink Ewedu and purge in ogbomosho 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by tunde1200(m): 7:07pm On Dec 23, 2023 |
BloomingDale: Don't be tribalist in Nairaland again. If what Emefele did to us all is good to let it happen to you and your generation. 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 7:07pm On Dec 23, 2023 |
opamoses1: That criminal? ![]() |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 7:08pm On Dec 23, 2023 |
tunde1200: Who was Emefiele taking orders from? Was he ever quarried. Was he ever sacked? This is just vindictiveness and ethnic bigotry. Wike should take note. 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by tunde1200(m): 7:09pm On Dec 23, 2023 |
Pussycokie45: Because his from your tribe you can't see anything bad in him I know. You will share from the pains he inflicts on us in Nigeria Amin |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 7:10pm On Dec 23, 2023 |
opamoses1: Shagari and Ekwueme? |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 7:11pm On Dec 23, 2023 |
tunde1200: He has started dodging behind insults and swearing on anyone who tells him the truth. Why couldn't Emefiele boss sack him like Jonathan did to Sanusi? 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Pussycokie45: 7:11pm On Dec 23, 2023 |
tunde1200: Shatap and stand on your mandate. Is emifele not APC again? Is Buhari not the best thing that happened to Nigeria after vitamin c. Animals 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Pussycokie45: 7:12pm On Dec 23, 2023 |
vanbonattel: Don't mind the banza. We love Buhari. We love emefele We love Bulaba Nigeria sink quick mbok 🤣🤣🤣 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by tunde1200(m): 7:13pm On Dec 23, 2023 |
vanbonattel: So he took orders to give us pain? And you are ok with that because his your tribe man. It shall not be well with Emefele because I used to buy money during the hardship. Amin 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by opamoses1: 7:16pm On Dec 23, 2023 |
vanbonattel:President vs Vice president. Same Buhari bundled Umaru Dikko in a diplomatic bag like a common criminal. |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by tunde1200(m): 7:17pm On Dec 23, 2023 |
Pussycokie45: You are off the point from your write up. Pray for the pains we went through during your brother introduced hardship happened to you, if what he did is ok by you. 1 Like |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by vanbonattel: 7:18pm On Dec 23, 2023 |
tunde1200: The way you fear to swear for the buharri that gave the orders, one will think buharri will come to your house and give you a sound beating ![]() Man up, they won't kill you, accuse the main man and stop being petty and tribalistic. Am still buying money till today, they paid me only 20k for bank yesterday instead of 400 2 Likes |
Re: Former CBN Governor Emefiele Freed From Kuje Facility. by Pussycokie45: 7:18pm On Dec 23, 2023 |
tunde1200: Shatap Use Ewedu cook fried rice if you no see cash for Christmas shikena 1 Like |
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