Dispute stalls Federal Govt, Emefiele plea bargain talks

Dispute stalls Federal Govt, Emefiele plea bargain talks

THE NATION

There were hints yesterday that the suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele  and other top officials  of the bank may face trial afterall.

This follows the stalling of the plea bargain move between the Federal Government and the embattled apex bank boss.

It was learnt that Emefiele and the affected officials of the apex bank have “not made substantial concessions on some refunds expected from them.”

Sources said that trillions of naira were being tracked by a federal agency but only a few billions of naira was offered as refundable by some of those linked to the suspicious transactions.

Emefiele is being held by the Department of State Service (DSS).

It was gathered that some interceding forces and Emefiele have not made progress on the plea bargain terms.

The  Presidency was shocked by the “massive scale of fraud and flagrant violations of the CBN Act,” it was learnt.

It was also  learnt that following interventions, the government’s investigation, initially coordinated by a security agency, had recommended plea bargain option with Emefiele, who wanted it.

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Dispute stalls Federal Govt, Emefiele plea bargain talks

 

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