Obaland Magazine

Emefiele Not Signatory to Firms’ Accounts in CBN Contract Fraud Case, Witness Says

A former Governor of the Central Bank of Nigeria, Godwin Emefiele, was not a signatory to the bank accounts of two companies allegedly used to obtain contracts from the apex bank, an Economic and Financial Crimes Commission (EFCC) investigator, David Jaiyeoba, testified in court.

Jaiyeoba, the 12th prosecution witness, made the disclosure during cross-examination by Emefiele’s counsel, Matthew Burkaa, SAN, at the Federal Capital Territory High Court in Abuja. He stated that Emefiele was neither a signatory nor directly linked to the accounts of April 1616 Nigeria Limited, one of the firms accused of benefiting from the contracts.Emefiele Not Signatory to Firms' Accounts in CBN Contract Fraud Case, Witness Says

The EFCC is prosecuting Emefiele on an amended charge bordering on criminal breach of trust, forgery, obtaining by false pretence, procurement fraud, and conspiracy. The anti-graft agency alleged that Emefiele conferred corrupt advantages on two firms — April 1616 Nigeria Limited and Architekon Nigeria Limited — in the award of contracts by the apex bank

 

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