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Home | Ex- CBN Governor Emefiele Awarded Contracts to Family Members, Witness Testifies

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Ex- CBN Governor Emefiele Awarded Contracts to Family Members, Witness Testifies

Olaitan Sodiq
Olaitan Sodiq
Published: January 10, 2025
Last updated: January 10, 2025
2 Min Read
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N6.9b Fraud: Emefiele Weeps as Court Makes Decision
Godwin Emefiele, the suspended CBN Governor on Thursday wept in court during the hearing of a N6.9 billion fraudulent case filed against him
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A witness in the trial of former Central Bank of Nigeria (CBN) governor Godwin Emefiele has revealed that he awarded contracts to companies owned by his wife and brother-in-law.

 

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Michael Omowera Agboro, an investigator with the Independent Corrupt Practices Commission (ICPC), testified in a Federal High Court in Abuja that Emefiele conferred corrupt advantages on several individuals, including his family members.

Agboro alleged that Emefiele’s wife, Margaret, and brother-in-law were directors of Architekon Nigeria Ltd, which received contracts for the supply of Toyota Hilux vehicles worth millions of naira.

 

Another company, April 1616 Investment Ltd, linked to Emefiele’s staff and a director, Saadatu Yaro, also received contracts worth millions.

The witness’s testimony suggests a clear case of nepotism and corruption, with Emefiele using his position to enrich his family members.

 

The defense counsel, Mathew Burkaa (SAN), attempted to discredit the witness during cross-examination, but Agboro maintained that Emefiele’s actions were unethical and illegal.

He said, “We limited our investigation to him, his wife, relatives and associates.

 

“Our findings revealed that the defendant was not a director or shareholder or an account signatory in either April 1616 limited or Architekon Nigeria limited.”

READ ALSO: Court Orders Final Forfeiture Of Over ₦12.18 Billion Properties Linked To Emefiele

Agboro, being led in evidence by the EFCC counsel, Mr Rotimi Oyedepo SAN on March 11, tendered contract documents, which he said nine CBN officials minuted on while Emefiele approved.

 

Emefiele is standing trial on a 20-count amended charge bordering on criminal conspiracy, conferring undue advantage, and breach of trust, among others before an FCT High Court.

 

Justice Muazu Hamza fixed Tuesday (today) for the continuation of the hearing.

 

 

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TAGGED:Godwin Emefiele
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