FG Rejects Plea Bargain Deal Proposed by Emefiele

The New Diplomat
Writer

Ad

How Nigeria raked in N7.46 trillion trade surplus in Q2 2025, NBS reveals

By Abiola Olawale The National Bureau of Statistics (NBS) has announced that Nigeria achieved a trade surplus of N7.46 trillion in the second quarter of 2025 (Q2 2025). NBS explained that this figure underscores the country's growing export prowess, particularly in key sectors such as mineral fuels and machinery. The latest NBS report, titled Foreign…

Nigeria Records 15.92 % Inflation In March — NBS

Alleged N23bn fraud: Coalition Blast Ibas as Emergency Rule ends soon

Says Ibas dragged Rivers towards bankruptcy By Abiola Olawale With barely a week remaining until the expiration of the six-month state of emergency in Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), the state's sole administrator, is currently embroiled in an explosive accusation of allegedly orchestrating a massive financial heist amounting to about ₦23 billion. The…

Ad

By Ayo Yusuf

Reports that the federal government may have signed a non-prosecution plea bargain agreement with the former Central Bank Governor, Godwin Emefiele, has been denied by the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN.

Media speculations had indicated that Emefiele will soon walk away from his troubles after agreeing to refund about N50bn as part of monies allegedly misappropriated during his nine-year reign as head of the apex bank.

The former CBN governor and his associates were slated for arraignment at the Federal Capital Territory High Court, Abuja, in August over allegations that they perpetrated a N6.9bn procurement fraud.

To date, the case has been stalled, fueling speculations he had entered into a plea bargain arrangement with the Federal Government on the matter.

A report recently claimed that Mr. Emefiele and the Federal Government represented by the AGF had signed a plea bargain agreement and the signature of President Bola Tinubu was being awaited to complete the process.

However, in a statement on Sunday by the Ministry of Justice spokesperson, Modupe Ogundoro, the AGF described the report as false.

The AGF said no such agreement exists between his office and the embattled former CBN governor.

The statement reads, “The attention of the Office of the Attorney General of the Federation and Minister of Justice has been drawn to reports alleging that the former Governor of the Central Bank of Nigeria, Godwin Emefiele, and the Federal Government of Nigeria, have agreed to a non-prosecution plea bargain arrangement.

“The Office of the Attorney General of the Federation and Minister of Justice hereby state clearly that these reports are completely false.
“It should be noted that the legal team representing Godwin Emefiele had expressed its intention in court at the last hearing to initiate a plea bargain arrangement. However, no such arrangement has been reached with Mr. Godwin Emefiele or his representatives.

“We wish to advise the media and members of the public to kindly disregard the said false report. The Office of the Attorney General of the Federation and Minister of Justice will continue to take all actions in the interest of the Nigerian public.”

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp