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EFCC Arrests Central Bank Former Governor Emefiele for Illicit Possession of 753 Housing Units in ₦7.8billion Fraud

Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN), was charged by the Economic and Financial Crimes Commission (EFCC) on Monday with unlawful possession of property suspected of being the proceeds of crime in the amount of ₦7,831,002,396 before Justice Yusuf Halilu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja. […]

Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN), was charged by the Economic and Financial Crimes Commission (EFCC) on Monday with unlawful possession of property suspected of being the proceeds of crime in the amount of ₦7,831,002,396 before Justice Yusuf Halilu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja. Count “That sometime in August 2021, in Abuja, within the jurisdiction of this Honorable Court, you, Godwin I. Ememefie and Eric Ocheme (at large), knowingly had under your control a property lying and being situated at Plot 109, Cadastral Zone C09, Lokogoma District, FCT, Abuja, measuring 150,462.86 square meters with appurtenances, which is reasonably suspected to have been unlawfully obtained, and thereby committed an offense contrary to and punishable by law.”

According to Count Four, “between January and December 2021 in Abuja, within the jurisdiction of this Honorable Court, you GODWIN IFEANYI EMEFIELE and ERIC OCHEME (at large) knowingly had under control the total sum of ₦2,945,331,050 (Two Billion, Nine Hundred and Forty-Five Million, Three Hundred and Thirty-One Thousand, Fifty Naira) domiciled in Kelvito Integrated Services’ account No. 1016232915 with Zenith Bank Plc. It is reasonably suspected that this sum was obtained illegally.

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