Emefiele Opted To Settle Out Of Court With Federal Government

Following the suspension of the Central Bank of Nigeria (CBN), Governor, Godwin Emefiele, over an alleged procurement fraud to the tune of N6.9 billion, unconfirmed reports indicate that the embattled CBN governor has opted to settle out of court with the Federal Government

Our correspondent on Ground has confirmed that Godwin Emefiele’s case was not listed on the cases to be treated in court today.

One of the lawyers in the court who pleaded not to be mentioned has revealed that the embattled former CBN has appealed to be given two weeks to settle with the Federal Government.

The suspended CBN governor, who appeared before the court last Thursday, was supposed to be arraigned but the arraignment was stalled due to the absence of the second defendant who was said to have been indisposed.

Although Emefiele (the first defendant) was present in court, the second defendant, a female CBN employee, Sa’adatu Yaro, was not in court.

Following an application for adjournment, the Presiding Judge, Justice Hamza Muazu adjourned the matter to August 23, 2023.