Suspended Central Bank Chief Faces 20 New Charges in Nigeria

Suspended Central Bank Chief Faces 20 New Charges in Nigeria

Nigerian prosecutors have filed a 20-count indictment against suspended and detained central bank governor Godwin Emefiele on ‍Tuesday, one of them accusing him of “conferring unlawful advantages”, a government lawyer says.

President ⁣Bola Tinubu, who has embarked on the boldest reforms in Africa’s biggest​ economy ‍in​ more than ⁣a decade, has launched a ​probe​ of the central bank under Emefiele after criticising its​ policies at his inauguration in May, especially moves to prop up the naira currency.

It was not⁣ immediately clear what the new charges were.⁤ But court documents submitted by the Attorney General’s Office last month showed ‍that Emefiele faced​ criminal breach of trust and criminal misappropriation of funds charges, among ‍others, which carry ‌long jail⁣ terms.

Emefiele, who made an unprecedented run for the ⁢Nigerian presidency last year, was suspended by ‍Tinubu​ on June 9 and ‌has been held in detention by the secret ‌police since June 10.

The ⁣suspended bank chief pleaded not guilty to a charge of possessing ​a firearm. A judge granted ‌him bail following his plea on July ‌25 ⁤but he was immediately rearrested.

“We have filed a matter with comprehensive charges” and “we⁤ are withdrawing the [firearm] case at the Federal High Court⁤ in Lagos,” a government lawyer told ⁣the Reuters news agency.

Original⁣ from www.aljazeera.com

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