Exposed: How Emefiele Spent $6.23m Cash For 2023 Election

Exposed: How Emefiele Spent $6.23m Cash For 2023 Election

  • EFCC witness has told a federal high court in Abuja on how the former governor of the CBN spent over $6.2 million in cash for international election observers
  • According to the EFCC, the witness made the confession before Justice Hamza Muazu of the federal high court in Abuja
  • Emefiele is currently facing charges before the court for matters bordering on corruption allegations and money laundering

Legit.ng journalist Bada Yusuf is an accomplished politics and current affairs editor, boasting over seven years of experience in journalism and writing.

FCT, Abuja - The Economic and Financial Crimes Commission (EFCC) has disclosed that its witness exposed how the embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, spent over $6.2 million in cash for international election observers during the 2023 general election.

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According to the anti-graft agency in a tweet, the prosecuting witness made the revelation before Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, on Monday, February 12.

EFCC/Godwin Emefiele/Federal High Court
EFCC witness reveals how Emefiele spent $6.2m cash for international election 2023 election Photo Credit: Godwin Emefiele, EFCC Nigeria
Source: Twitter

Ogau Onyeka Michael, a senior apex bank official, said he got approval to pay $6,230,000 cash to the international election observers during the 2023 general election.

Why EFCC After Emefiele?

The former governor of the CBN is currently being tried before the federal high court in Abuja, bordering on taking advantage of a corrupt act, criminal breach of trust and conspiracy, forgery and obtaining through force pretence to $6,230,000.

Michael, a former branch controller of the CBN, Abuja branch, led in evidence by the prosecution counsel, Rotimi Oyedepo (SAN), at the resumed trial on Monday, identified the documents presented to him by the prosecution, adding that he worked on the documents.

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He said on January 8, 2023, a request for a $6,230,000 payment came to his office and that documents for the disbursement of the money were approved by the then CBN boss in cash for international election observers

See the tweet here:

EFCC says Emefiele impersonated ex-SGF, Al-Mustapha

Legit.ng earlier reported that the EFCC, in its amended charges against the embattled former governor of the CBN, Emefiele, revealed how the latter impersonated former SGF Boss Mustapha.

According to the EFCC, Emefiele connived with one Odoh Ocheme, now on the run, to withdraw the sum of $6.2m on the grounds that it was a request from the SGF.

Recall that Mustapha, who served as the SGF under former president Muhammadu Buhari's government, earlier denied conniving with Emefiele to withdraw $6.2m from the CBN.

Source: Legit.ng

Authors:
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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished writer with 7 years of experience in journalism and writing, he is also politics and current affairs editor with Legit.ng. He holds B.A in Literature from OAU, and Diploma in Mass Comm. He has obtained certificates in Advance Digital Reporting, News Lab workshop, Journalism AI Discovery. He previously worked as Editor with OperaNews. Legit’s Best Editor of the Year for Politics and Current Affairs Desk (2023). Contact: bada.yusuf.amoo@corp.legit.ng