Why FG, Emefiele plea bargain talks dragging — Report


Report says the proposal to negotiate terms of settlement between the federal government and embattled former Central Bank of Nigeria governor, Godwin Emefiele, and other top officials of the apex bank is facing issues.

This is according to The Nation citing unnamed sources.

It said, Emefiele and the affected officials have “not made substantial concessions on some refunds expected from them.”

As per the publication, 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.

“Where trillions were being queried, some of those affected have offered to refund about N32 billion only.

“The engagement of the Special Investigator has also uncovered more mismanagement of resources and questionable expenditures in CBN than what some security agencies dug up.

“The findings of the Special Investigator have uncovered a massive rot,” it quoted the sources as saying.

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