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The Lagos State Special Offences Court in Ikeja has assumed jurisdiction to hear the allegations of accepting gratification, corrupt demand and receiving property fraudulently, made against the former governor of the Central Bank of Nigeria, Godwin Emefiele.

Justice Rahman Oshodi in his ruling delivered on Wednesday held that the prosecution, the Economic and Financial Crimes Commission successfully established that the court has territorial jurisdiction to entertain counts 8 to 20 of the 26 count charge made against the former CBN Governor based on various facts presented in the evidence attached to the case file.

The court, however, agreed with lawyers to the Emefiele, that counts 1 to 4 of the charge are unconstitutional, as they are not based on any existing laws in Nigeria.

On April 8, 2024, the EFCC had arraigned Emefiele before the court on the 26-count charge bordering on alleged abuse of office and irregular allocation of $4.5 billion and N2.8 billion respectively.

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