Fagbemi Distances FG from Emefiele’s N50bn Plea Bargain

The Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), has distanced the Federal Government from the N50 billion planned non-prosecution plea bargain with the embattled former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.

This is contained in a statement signed by the Director of Information in the Federal Ministry of Justice, Mrs Modupe Ogundoro, on Sunday in Abuja. Emefiele was reported to have entered a plea bargain with government on condition of surrendering N50 billion to facilitate his early release from the custody of the Department of the State Services (DSS).

The plea bargain was also said to be aimed at cancelling the trial of the former CBN chief on series of charges comprising money laundering, breach of Public Procurement Act and abuse of office. Fagbemi said that neither his office nor the Presidency have had anything of such nature with Emefiele.