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Exclusive: Tinubu’s AGF Signs Non-Prosecution Plea Bargain Upon Emefiele’s Willingness To Return N50billion, Setting Him Free

After his plea agreement with President Bola Tinubu‘s government is complete, the troubled former Central Bank Governor, Godwin Emefiele, is expected to be released from the Department of State Services’ (DSS) imprisonment, SaharaReporters has learned

SaharaReporters also learned that Emefiele’s non-prosecution plea deal was contingent on his readiness to repay N50 billion that he had obtained through corruption

According to SaharaReporters, the non-prosecution plea bargain has been signed by Lateef Fagbemi, Minister of Justice and Attorney-General of the Federation (AGF), and is awaiting Tinubu’s approval

Emefiele was charged with 20 charges of conspiracy and procurement fraud by the Nigerian government, SaharaReporters revealed in August. On August 17, 2023, he had been hauled to court in a highly guarded manner

“The exclusive agreement has been completed and is awaiting Tinubu’s approval. This weekend, Tinubu is anticipated to return to Nigeria following a medical trip to France. The DSS was able to link N72 billion to a number of accounts that Emefiele intended to employ in his bid for the presidency. Additionally, $70 million that he concealed with a couple who were experts in aiding him in round-the-world travel was found, a top source told SaharaReporters on Friday

“The ownership of Polaris Bank has been linked to Emefiele by federal investigators. And he used individuals to build up a number of other institutions as well,” the person added

According to SaharaReporters, Aminu Yaro and his wife Saadatu Yaro have been detained by the DSS since July 12 in connection with inquiries into Emefiele’s transgressions

Yaro, who is known as the Chairman of the Council of Chiefs and the Sarkin Hausawa of Lagos, was detained alongside his wife on July 12 in the early hours

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The pair was detained in connection with investigations into a case involving Emefiele that involved forex differential fraud

The fundamental rights enforcement lawsuit brought by two brothers of Emefiele against the DSS and the AGF at the High Court of the Federal Capital Territory (FCT) was withdrawn, SaharaReporters had revealed in August

After the applicants, through their attorney, informed the court of their desire to drop the case, the court’s vacationing judge, Justice Emmanuel Okpe, had ordered the dismissal of the lawsuit

According to SaharaReporters, the siblings of the suspended CBN governor, George Emefiele and Okanta Emefiele, had each submitted an ex-parte plea to the court asking for an injunction enforcing their constitutional rights

Additionally, it had been claimed that Emefiele’s trial had been put on hold at the High Court of the Federal Capital Territory (FCT) because of his intention to enter into a plea agreement in order to obtain a soft-landing

According to information obtained by SaharaReporters from attorneys engaged in the case, Emefiele chose to negotiate a plea deal with the prosecution team

One of the attorneys had stated, “The matter is not coming up; they are finding another way to resolve the matter and give him a soft-landing”

They are attempting to arrange plea deals

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