FG ARRAIGNS EMEFIELE OVER UNLAWFUL POSSESSION 753 DUPLEXES, N4BN.

The Federal Government has arraigned the immediate past governor of the Central Bank, Godwin Emefiele, on 8-count charges, for unlawfully possessing 753 housing units in Abuja and controlling over N4 billion in a Zenith Bank account.

The houses are located at Plot 109, Cadastral Zone C09, Lokogoma District, Abuja, spanning 150,462.86 square meters.

Emefiele and his associate, Eric Ocheme (at large), also being accused of having unlawful control over N76.3 million, N2.9 billion, and N1.9 billion in the same bank account.

Emefiele, however, pleaded not guilty to all charges and the case is now pending in court, with the Federal Government set to present its case against the former CBN governor. 

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