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Again, Emefiele’s arraignment stalls as embattled CBN Gov reportedly opts for plea bargain



Nigerian govt. to commence recovery of $7bn bailout funds to banks after 12 years

There are strong signs that Godwin Emefiele, the suspended governor of the Central Bank of Nigeria, CBN, will not be put on trial for allegedly breaking procurement laws and inflating contracts.

His case on 20-count charges of alleged fraud was not listed among cases scheduled for trial at the High Court of the Federal Capital Territory for Wednesday.

At the courthouse, Ripples Nigeria learned that the detained CBN Chief requested that the arraignment be postponed.

READ ALSO:Nigerians raise posers over new charges against Emefiele

Emefiele and his-co accused, Saadat Yaro, have reportedly opted for a plea bargain to settle with the Federal Government.

Emefiele’s lawyer and Senior Advocate of Nigeria, Kehinde Akinlolu, confirmed the shift in the arraignment.

He said that a new date may likely be issued by the Chief Judge, Justice Hussein Baba Yusuf.

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