In a significant development, the Minister of Justice and Attorney-General of the Federation (AGF), Lateef Fagbemi, has reportedly endorsed the non-prosecution plea bargain sought by the embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.
Emefiele is facing 20 counts of conspiracy and procurement fraud, with charges brought against him by the Nigerian government.
However, the trial of the former CBN chief has hit a roadblock in the High Court of the Federal Capital Territory (FCT) due to his intention to engage in a plea bargaining process for a potentially more lenient resolution.
This unfolding development is based on Emefiele’s willingness to return N50 billion, allegedly unlawfully accumulated through corruption.
While Attorney-General Fagbemi has signed off on this plea bargain, the final decision now awaits the approval of a critical figure, President Bola Ahmed Tinubu.
This development marks a pivotal moment in the legal proceedings surrounding Emefiele’s case, and its implications could extend beyond the individual involved to the broader realm of public accountability.
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