The federal government accused the former CBN governor of illegally purchasing 43 vehicles worth N1.2 billion between 2018 and 2020
By Saidu Idris
365Daily – Godwin Emefiele, the suspended governor of the Central Bank of Nigeria, has been remanded in Kuje prison until November 22.
This followed an order by Justice Hamza Muazu after Emefiele was arraigned in court on a reviewed six-count corruption charge.
The federal government accused the former CBN governor of illegally purchasing 43 vehicles worth N1.2 billion between 2018 and 2020, and awarding a contract to procure 37 Toyota Hilux Vehicles valued at N854 million.
The first charge accused him of using his 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 April1616 Investment Ltd, a company in which the said Sa’adatu Ramallan Yaro is a director and thereby committed an offence.”
In the second count, the government alleged that Mr Emefiele used 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 April1616 Investment Ltd, a company in which the said Sa’adatu Ramallan Yaro Director and thereby committed an offence.”
Thirdly, he was also alleged to have conferred 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 April1616 Investment Ltd. in 2019 at the cost of N73 million.
Fourthly, it alleged that a Toyota Landcruiser V8 valued at N73,800,000 was illegally awarded to April 1616 Investment Ltd. and also said the ex-CBN governor awarded a contract to Yaro for the supply of two Toyota Hilux Shell Specification Vehicles at the cost of N44,200,000 in 2020.