Emefiele explores plea bargain– Sources say

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Emefiele in the dock, surrounded only by lawyers

The suspended Governor of Central Bank of Nigeria, CBN Godwin Emefiele, has reportedly opted for a plea bargain leading to an indefinite shift in his arraignment in court.

Sources said Emefiele and his his-co accused, Saadat Yaro, had opted for plea bargain to settle with the federal government.

Recall that the federal government filed a N6.9 billion 20-count charge bordering on alleged breach of procurement laws and contract inflation on the suspects.

However, the arraignment scheduled for Wednesday by a High Court of the Federal Capital Territory was not stated on the cause list of the court this Wednesday morning.

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Similarly, Emefiele and his co-defendant, Yaro, were not in court; neither was any unusual security presence observed around the court premises.

The lawyers of the parties involved in the matter were also not present in court.

The arraignment was reportedly shifted at the instance of the detained CBN Governor to enable all parties come into an agreement.

Emefiele’s lawyer Kehinde Akinlolu (SAN) was also said to have confirmed the shift in the arraignment, adding that a new date might likely be issued by the Chief Judge, Justice Hussein Baba Yusuf. [GWG]

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