- Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), has allegedly opted for a plea bargain strategy, leading to a postponement in his court arraignment.
Insider sources suggest that both Emefiele and his co-accused, Saadat Yaro, are considering a plea bargain arrangement with the Federal Government.
The suspended CBN Governor and Yaro face a 20-count charge of alleged contract inflation and breach of procurement laws amounting to N6.9 billion.
Despite the scheduled arraignment in a Federal Capital Territory High Court, it was noticeably absent from the court's cause list. Additionally, neither Emefiele nor Yaro was present, and legal representatives were also absent.
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