Court Postpones the FG’s Emefiele Lawsuit

A Federal Capital Territory High Court has postponed until August 23 the alleged N6.9 billion procurement lawsuit against suspended Central Bank Governor Godwin Emefiele.

Due to the absence of the other two defendants in the case on Thursday, Justice Hamza Muazu, the presiding judge, decided to adjourn the case.

On 20 counts of procurement fraud, conspiracy, and providing corrupt benefits to his accomplices, Emefiele was to be charged alongside Sa’adatu Yaro, a female CBN employee, and her business, April 1616 Investment Limited.

Later on, more information…