Posted 4/5/2024, 9:00:19 PM
Emefiele Faces 26 Charges of Forex Abuse
- Emefiele, former CBN governor, to be arraigned on 26 counts of abuse of office over allocation of billions in foreign exchange
- To appear in Lagos court on Monday before Justice Rahman Oshodi
- Charged with arbitrarily allocating over $2B in forex without bids between 2022-2023
- Also accused of similar forex allocation offenses totaling over $2B more during 2020 and 2021
- Co-defendant Omoile accused of accepting $110K bribe on behalf of Emefiele for allocating forex