Nigerian prosecutors bring new charges against Emefiele

Authorities allege that ex-governor illegally allocated $2.1 billion in FX

Godwin Emefiele
Godwin Emefiele

Prosecutors have charged Nigeria’s former central bank governor with making unauthorised transfers of foreign exchange worth billions of dollars.

Former Central Bank of Nigeria (CBN) head Godwin Emefiele appeared in court in Ikeja, capital city of Lagos state, today (April 8). He faced a total of 26 charges including abuse of office, media reported.

The Economic and Financial Crimes Commission said in court papers that Emefiele had illegally allocated $2.1 billion in foreign exchange to firms

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