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Federal Government Denies Involvement in N50 Billion Non-Prosecution Plea Bargain with Emefiele.

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Federal Government Denies Involvement in N50 Billion Non-Prosecution Plea Bargain with Emefiele.

The Federal Government has categorically refuted claims surrounding a purported N50 billion non-prosecution plea bargain agreement with the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

Tinubu Unveils Vision for CBN Following Appointment of Emefiele’s Successor

Recent reports suggested that Emefiele had entered into a plea bargain arrangement with the government, agreeing to surrender N50 billion in exchange for his early release from the Department of State Services (DSS) custody. Additionally, it was alleged that this plea bargain would result in the termination of the former CBN chief’s trial.

Federal Government Disputes Alleged N50 Billion Plea Bargain

However, Attorney-General of the Federation and Minister of Justice, Prince Lateef Olasunkanmi Fagbemi, has emphatically dismissed these claims, asserting that there is no basis for truth in the alleged plea bargain deal. He clarified that neither his office nor the Presidency has engaged in such negotiations with Mr. Emefiele.

This official statement was communicated through Modupe Ogundoro, the Director of Information in the Federal Ministry of Justice.


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