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Naira Redesign Policy: EFCC To Arraign Emefiele On Wednesday
Former Central Bank of Nigeria Governor, Godwin Emefiele is slated to be arraigned this Wednesday on charges of financial misconduct following the postponement of the originally scheduled court date of April 30, 2024.
Naija Latest Gist reports that this hearing is to take place before Justice Maryann Anenih at the FCT High Court in Abuja.
The Economic and Financial Crimes Commission (EFCC) has charged Emefiele with four counts, alleging he acted contrary to the law with intentions that could harm the public interest during the implementation of the naira swap policy by the administration of former President Muhammadu Buhari.
Specifically, the charges accuse Emefiele of illegal financial activities, including unauthorized printing of currency and the misappropriation of funds from the Consolidated Revenue Fund of the Federation.
This arraignment marks the third set of charges against Emefiele, adding to the growing legal challenges he faces. Previously, on November 17, 2023, he was arraigned before Justice Hamza Muazu on a six-count charge of procurement fraud, to which he pleaded not guilty.
Additionally, on April 8, 2024, Emefiele and one Henry Omoile faced charges before Justice Rahman Oshodi of the Special Offences Court in Ikeja, Lagos, for alleged fraud involving substantial amounts in foreign and local currencies.
The fresh charges against Emefiele read, “That you, Godwin Ifeanyi Emefiele, between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of N375,520,000.00 pieces of colour swapped N1,000, at the total cost of N11,052,068,062 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.
“That you, Godwin Ifeanyi Emefiele, between the 19th of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the Central Bank of Nigeria Act, 2007, by approving the printing of 172,000,000 pieces of colour swapped N500 Notes, at the total cost of N4,471,066,040 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.
“That you, Godwin Ifeanyi Emefiele between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of 137,070,000 pieces of colour swapped N200 Note, at the total cost of N3,441,005,280 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.
“That you, Godwin Ifeanyi Emefiele, on or about the 7th day of October 2020, in Abuja, within the jurisdiction of this Honourable Court, knowingly disobeyed the direction of Section 80 of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended), by approving the withdrawal of the total sum of N124,860,227,865.16 from the Consolidated Revenue Fund of the Federation in a manner not prescribed by the National Assembly, which conduct of yours caused injury to the public and you thereby committed an offence.”
News
Man Stabs Girlfriend To Death In Lagos
The Lagos State police have arrested a 47-year-old man, identified as Emmanuel Chukwuma, for stabbing his 45-year-old girlfriend, Bosede Adefehinti, to death on 7th Avenue, Festac.
Naija Latest Gist learnt that the suspect, popularly known as Oliver on the street, and the deceased have been living together as boyfriend and girlfriend.
An eyewitness who spoke to Vanguard said it was not the first time the lovers had issues, adding that an inferiority complex on the part of the man had caused the fight.
He said, “Yesterday around 2:30 pm, Oliver stabbed his girlfriend, and after stabbing her, he tried to kill himself by jumping into the well, but we stopped him and called the police.
“They are not married, and this is not the first time they have had issues, but yesterday’s was beyond anything before.
“What I believe caused the fight was an inferiority complex on the man’s part because he has no job and helps his girlfriend sell herbal medicines, popularly known as Agbo—a concoction prepared from a variety of herbs.
“So most times, when he’s selling, the girlfriend leaves the shop while he remains there, sometimes receiving banter from the customers.”
Confirming the incident, the Lagos State Police Spokesman, SP Benjamin Hundeyin, said the suspect has been arrested, and the case file will be transferred to the Homicide section, Panti.
He said, “At about 3:10 pm, a distress call was received that one Emmanuel Chukwuma, aged 47 years, stabbed his girlfriend, Bosede Adefehinti, aged 45 years, to death.
“Immediately, detectives and a patrol team visited the scene of the crime. The suspect was arrested from the well where he hid.
“Photographs were taken while waiting for Lagos State health staff for the possible evacuation of the corpse to the mortuary.
“Meanwhile, the case file will be transferred to the Homicide section, Panti.”
News
JUST-IN: 100 Terrorists Dead As NAF Strikes, Police Rescue Kidnap Victims In Katsina
The Nigerian Air Force (NAF) conducted a nighttime operation in the Kuka Shidda camp, Faskari local government area of Katsina State, killing over 100 terrorists.
Naija Latest Gist reports that the operation, conducted by Operation Hadarin Daji troops, targeted a criminal group affiliated with notorious terrorist kingpin Yusuf Yellow and his close associate Rabe Imani.
In a statement from Katsina State governor’s spokesman, Ibrahim Kaula, it was revealed that more than 45 motorcycles were destroyed in the airstrikes.
He emphasized that the recent air raid by the Nigerian Air Force in the Faskari-Kankara axis had significantly disrupted the bandits’ activities there, marking the third successful development in the state.
Kaula also mentioned that a prompt response by security forces foiled a kidnapping attempt in the early hours of Sunday morning in Jibia local government area of the state, resulting in the rescue of three victims.
The statement partly read, “A credible police source disclosed that the distress call regarding abduction of some residents in Kwata area, Jibia local government area was received around 4:15 am.
“Without hesitation, a Supol led an APC patrol team to the scene. They arrived to find armed bandits holding three women captive. Acting swiftly, the team blocked the kidnappers’ escape route, leading to a confrontation. A gunfight ensued, pressuring the criminals to flee.
“Thankfully, all three kidnap victims – Ummulkhari Abubakar (23) Shafa’atu Abubakar (35), and Maryam Lawal (15) – were rescued unharmed. The team also ensured the safety of a six-month-old baby boy named Ismail Usman, who was among those abducted.
“The source indicates that the security forces exercised commendable restraint during the operation, expending only 14 rounds of ammunition and 20 smoke canisters.”
The statement emphasized that the swift response saved lives and sent a clear message to criminals that such acts will not be tolerated.
It further highlighted the NAF and local law enforcement’s firm commitment to protecting Katsina State’s citizens from criminal activities.
News
Video trends as President Tinubu falls while climbing a parade car for Democracy Day celebration today (Watch)
President Bola Ahmed Tinubu is one of the trending conversations online as he falls while climbing a parade car for Democracy Day celebration.
This is coming after the 72-year-old president of the Federal Republic of Nigeria delivered the Democrazy Day speech.
Today, June 12th 2024 is the 25th Democrazy Day celebration of Nigeria, meaning the country is celebrating the silver anniversary of our journey in democracy.
While delivering his Democracy Day speech, Prsident Tinubu said that he was among those who took the risk to midwife the birth of democracy in the country.
He added that he understands the economic difficulties we face as a nation and by extension tells Nigerians to be more positive while promising to move Nigeria forward.
After delivering the Democrazy Day speech, Bola Ahmed Tinubu raises eyebrows online as he falls while climbing a parade car for Democracy Day celebration today.
The security details had to quickly rushed to him after he fell down and tried to raise him up.
Watch the video below;
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See reactions below;
tufab: Please sir don’t fall. You must finish your 12 years tenure oo. 🙏.
sonita_the_virtuous_girl: If this falling sweet you gather here>>>>😂😂😂.
veevyann: Naso prices of Foodstuffs go take fall this week in Jesus name🤲🏾.
lyric_onyems: Nice one! 😂😂😂😂😂😂😂😂😂😂.
nkemakonamu’: We are still standing on your mandate and you are already falling 😞.
castroevans1:He will be flown abroad and billions will be spent for his check-up… meanwhile, the common won’t be able access Healthcare, meanwhile doctors here would be paid a meagre stipend called salary…
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