Economy

Suspended CBN Gov. Emefiele Faces Trial

The suspended Central Bank of Nigeria Governor, Godwin Emefiele, has arrived at the Federal High Court sitting in Lagos State

The embattled CBN boss arrived at the court premises around 9:20 am for his alleged gun possession trial.

He is to stand trial on two counts of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a license.

The report says, the Department of State Services, DSS, had on July 13, 2023, filed a two-count of illegal processions of firearm and ammunition against the suspended CBN governor.

The DSS in the charge sheet accused Emefiele of possessing a single-barrelled shotgun (JOJEFF MAGNUM 8371) without a license.

In the second count, the service charged him with illegally possessing 23 rounds of live ammunition (cartridges) without a license. The offense is also said to be contrary to Section 8 of the Firearms Act and punishable under Section 27 (1)(b)(il) of the same Act.

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PUNCH/Taiwo Akinola