Plea Bargain Deal: Freedom For Emefiele, ex-CBN Governor, As Nigeria’s AGF Signs Non-Prosecution Agreement Hinging On Return Of N50bn

The New Diplomat
Writer

Ad

Leadership Failure in Africa: Vision Deficits, Institutional Decay, and the Long Road to Renewal

By Sonny Iroche More than six decades after independence, Nigeria, like many African countries, still wrestles with the paradox of enormous potential coexisting with profound developmental stagnation. It is a contradiction that invites deep reflection. Why have countries endowed with such extraordinary human and natural resources continued to lag behind nations that faced similar or…

Paystack sacks co-founder Ezra Olubi amid sexual misconduct allegations

By Obinna Uballa Paystack co-founder and former Chief Technology Officer, Ezra Olubi, has said he was unfairly fired by the company over allegations of sexual misconduct, raising questions about the handling of the investigation into his conduct. Olubi revealed the development in a blog post published on Saturday, titled Terminated. According to him, he was…

(FULL LIST) Names of the 50 Niger Students That Escaped From Captivity Revealed

By Abiola Olawale The Catholic Diocese of Kontagora, Niger State, has released the names of 50 pupils who escaped from captivity after armed bandits attacked their school, the St. Mary’s School in the Papiri community of Agwara Local Government Area. The students, aged between 10 and 18, managed to flee the armed bandits individually or…

Ad

By Louis Achi

Detained ex-Central Bank of Nigeria Governor Godwin Emefiele will soon smile to freedom following his yet to be concluded plea bargain deal with Nigeria’s Attorney General.

This development, TheNewDiplomat gathered, will be contingent on Emefiele returning the princely sum of N50 billion to the kitty of the federal government.

The former CBN Governor has been the unwilling guest of the Department of State Services (DSS), a course ordered by President Tinubu shortly after assuming office.

TheNewDiplomat gleaned that the Minister of Justice and Attorney-General of the Federation (AGF), Lateef Fagbemi, has signed the non-prosecution plea bargain and it is waiting for Tinubu’s approval.

Tinubu returned to Nigeria, Friday night, after attending the 78th session of the United Nations General Assembly, UNGA-78, held in the US. He also stopped over in France on a speculated medical rest.

Emefiele had faced 20 counts of conspiracy and procurement fraud levelled against him by the federal government. He was brought to court under tight security on August 17, 2023.

It could be recalled that the fundamental rights enforcement suit filed against the DSS and the AGF at the High Court of the Federal Capital Territory (FCT) by two brothers of Emefiele had been withdrawn.

Ad

X whatsapp