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Whistle-Blower Who Accused Emefiele Of N232bn Fraud Arraigned


George Uboh, the whistle-blower, who accused the Governor, Central Bank of Nigeria, CBN, Godwin Emefiele of fraud to the tune of N232bn has been arraigned.

Uboh was arraigned before  the FCT High Court, Abuja, Nigeria by the Nigeria Police Force, NPF, for alleged defamation against Emefiele.

According to the charge sheet published by the popular online media platform, SaharaReporters, one of the counts read: “That you George Ubom ‘m’ on or about the 12th day of May, 2019, within the jurisdiction of this honourable court, did give information which you know or believe to be false that Mr Godwin Emefiele, governor of Central Bank of Nigeria under-declared or under-remitted the sum (of) N232bn ($760b) (sic) exchange gains by CBN which accrued from Bureau de Change to Federation Account in 2017; your action is capable of tarnishing the image of the governor of Central Bank of Nigeria and you thereby committed an offence punishable under Section 140(B) of the Penal Code.”

It would be recalled that Emefiele had in a leaked audio clip published in May, allegedly claimed N500bn was missing.

In the record published by SaharaReporters, Emefiele, his Deputy, Edward Adamu; the Director for Finance, Dayo Arowosegbe; and one of the special advisers to the CBN governor, Emmanuel Ukeje, were alleged to have been discussing  how to cover up the loss of over N500bn stolen from the CBN in a private investment that had failed.

It was particularly alleged in one of the clips that Emefiele stated that the Ministry of Finance, as well as the National Assembly, must not know about the development.

It was further alleged that N2bn was said to have been earmarked for the Economic and Financial Crimes Commission for no clear reason.

But the CBN had since claimed that no N500bn was missing in its accounts.

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