Former Central Bank Governor, Godwin Emefiele, has been moved to the Kuje Correctional Centre.
Justice Hamza Muazu of the High Court of the Federal Capital Territory, FCT, Abuja, earlier today November 17 ordered that Emefiele be remanded in Kuje prison pending the determination of his request for bail.
The Federal Government arraigned Emefiele on a six-count charge bordering on alleged procurement. The original charge, which was 20 counts to the tune of N6.5 billion, has been reduced to six, to the tune of N1.6 billion. Emefiele is the only defendant in the new charge. According to the amended charge sheet, the charges still border on procurement fraud.
The Federal Government alleged that Emefiele illegally bought 43 vehicles between 2018 and 2020 worth N1.2 billion. He was also accused of awarding a contract for the procurement of 37 Toyota Hilux Vehicles valued at N854 million.
When the charges were read to him, he pleaded not guilty.
Emefiele will remain in Kuje prison until November 22 when his bail motion will be heard.
