Emefiele moves out of CBN Gov’s quarters

March 3, 2024

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The embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is moving out of the apex bank governors’ quarters in Lagos.
Emefiele was accompanied to the quarters by a team led by the CBN Special Investigator, Jim Obazee.

The former CBN’s helmsman is moving his personal belongings from the building located on Glover Road, Ikoyi.

The Federal Government filed 14 fresh charges against Emefiele following a report submitted by the CBN special investigator.

Emefiele was accused of criminal breach of trust, forgery, conspiracy to conduct forgery, procurement fraud and conspiracy to commit a felony in the amendment.

He is facing accusations for charges relating to financial crimes after President Bola Tinubu removed him from his position as CBN Governor in June 2023.

The Senate also resolved to probe how the N30tn Ways and Means loans of the CBN was obtained and spent by the administration of former President Muhammadu Buhari.

The senate stated that the reckless spending of the loan collected from the CBN under Emefiele largely accounted for the food and security crises in the nation.

– agency report

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