Court Remands Former CBN Governor Emefiele In Kuje Correctional Centre Over ‘N1.6bn Procurement Fraud’

 This order was given after Emefiele was arraigned by the Federal Government of Nigeria on a six-count charge which bordered on alleged procurement.  

The FG had reduced the original 20 counts against Emefiele, which was to the tune of N6.5 billion, to a six-count charge which is to the tune of N1.6 billion.