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HomeMetro NewsEmefiele seeks plea bargain on N6.9 bln fraud case, arraignment in court...

Emefiele seeks plea bargain on N6.9 bln fraud case, arraignment in court stalls

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For the second time in a row, the anticipated arraignment of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on charges of an alleged N6.9 billion breach of procurement laws and contract inflation has been postponed, amid growing indications that the defendant is pursuing a plea bargain strategy.

The scheduled arraignment, initially set for Wednesday, August 23, at a High Court of the Federal Capital Territory (FCT) in Abuja, did not appear on the official cause list.

Reliable sources within the courtroom said that the postponement was at the request of the detained CBN Chief.

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Furthermore, credible insiders disclosed that both Emefiele and his co-accused, Saadat Yaro, are actively pursuing a plea bargain arrangement with the Federal Government in a bid to resolve the legal matter.

Confirming the adjournment, Emefiele’s legal counsel, Kehinde Akinlolu confirmed the shift in the arraignment. He added that a new date for the proceedings is likely to be determined by Chief Judge Hussein Baba Yusuf.

Notably, during the current court session, operatives from the Department of State Service (DSS), who previously escorted Emefiele to court, were notably absent. Simultaneously, his legal team was not present in the courtroom.

In the interim, the court has commenced its regular proceedings for the cases listed on the cause list.

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