Nigeria files graft charges against Cenbank Chief

ABUJA: Nigerian prosecutors filed a 20-count indictment against suspended and detained central bank governor Godwin Emefiele on Tuesday, one of them accusing him of “conferring unlawful advantages”, a government lawyer said.
President Bola Tinubu, who is embarking on the boldest reforms in Africa’s biggest economy in more than a decade, has launched a probe of the central bank under Emefiele after criticising its policies at his inauguration in May, especially moves to prop up the naira currency.
It was not immediately clear what the new charges were. But court documents deposed by the Attorney General’s Office last month showed that Emefiele faced a criminal breach of trust and criminal misappropriation of funds charges, among others, which carry long jail terms. –Agencies