Again, Emefiele’s arraignment stalls as embattled CBN Gov allegedly opts for plea bargain

There are strong signs that Godwin Emefiele, the suspended governor of the Central Bank of Nigeria, CBN, will not be put on trial for allegedly breaking procurement laws and inflating contracts.

His case on 20-count charges of alleged fraud was not listed among cases scheduled for trial at the High Court of the Federal Capital Territory for Wednesday.

At the courthouse, Ripples Nigeria learned that the detained CBN Chief requested that the arraignment be postponed.

Emefiele and his-co accused, Saadat Yaro, have reportedly opted for a plea bargain to settle with the Federal Government.

Emefiele’s lawyer and Senior Advocate of Nigeria, Kehinde Akinlolu, confirmed the shift in the arraignment.

He said that a new date may likely be issued by the Chief Judge, Justice Hussein Baba Yusuf.

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