…Now face six procurement charges out of Initial 20 charges
The immediate-past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is to face six procurement charges out of the earlier 20 charges filed against him by the Nigerian government.
The Federal Government in the original charge filed in August charged Emefiele alongside a female CBN employee, Sa’adatu Yaro, and her company, April 1616 Investment over procurement fraud to the tune of N6.5 billion.
The alleged procurement fraud has now been reduced from N6.9 billion to N1.2 billion and Emefiele is the only defendant in the new charge.
In the amended charge sheet, the Federal Government alleged that Emefiele illegally bought 43 vehicles between 2018 and 2020 worth N1.2 billion and also awarded a contract for the procurement of 37 Toyota Hilux Vehicles valued at N854 million to April 1616 Investment.
Count one read, “That you, Godwin Ifeanyi Emefiele, male, adult, sometime in 2018 within the jurisdiction of this Honourable Court did use your position as Governor of the Central Bank of Nigeria to confer a corrupt advantage on Sa’adatu Ramallan Yaro, a staff of the Central Bank of Nigeria by awarding a contract for the supply of 37 Toyota Hilux Vehicles at the cost of N854,700,000 only to April 1616 Investment Ltd, a company in which the said Sa’adatu Ramallan Yaro is a director and thereby committed an offense.”
The second count said “Emefiele was accused of using his position to corruptly confer an advantage on Yaro, “a staff of the Central Bank of Nigeria by awarding a contract for the supply of one Toyota Avalon at the cost of N99,900,000 only to April 1616 Investment Ltd, a company in which the said Sa’adatu Ramallan Yaro Director and thereby committed an offense.”
The former Central Bank Governor was also accused of conferring corrupt advantage contrary to Section 19 of the Corrupt Practices and Other Related Offences Act 2000 by awarding a contract for the supply of one Toyota Landcruiser V8 April 1616 Investment Ltd., in 2019 at the cost of N73m.
The fourth count was about a Toyota Landcruiser V8 valued at N73,800,000 awarded illegally to April 1616 Investment Ltd.
Emefiele was also accused of awarding a contract to Yaro for the supply of two Toyota Hilux Shell Specification Vehicles at the cost of N44,200,000 in 2020.
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