By Our Correspondent

The suspended governor of Central Bank of Nigeria; Mr. Godwin Emefiele is pushing for Out-of-Court Settlement, our paper can authoritatively report.

The embattled ex CBN chief is standing trial for charges bordering on embezzlement of public funds, sponsorship of terrorism, abuse of office, etc.

Emefiele who is currently being held at the detention facility of the State Security Service (SSS) also known as Directorate of State Security (DSS), was suspended by the current President of Nigeria; His Excellency, Asiwaju Bola Ahmed Tinubu, GCFR shortly after assumption of office on account of his alleged wrongdoings while in office.

It would be recalled that the Delta state-born number one banker had introduced cashless policy shortly before the last 2023 general elections in Nigeria. The policy which caused untold hardship in Nigeria was viewed by political pundits as alleged plot by Emefiele-led CBN to enrage Nigerian electorate so they could vote against the All Progressives Congress (APC) and its then Presidential candidate; Bola Tinubu.

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Most political analysts also believed that Emefiele’s cashless policy was also meant to enable the immediate-past governor of Delta State; His Excellency, Mr. Ifeanyi Okowa who is allegedlyd the Ex-CBN Governor’s cousin, to emerge as Vice President of Nigeria. Okowa was running mate to the Peoples’ Democratic Party (PDP) 2023 Presidential Candidate; His Excellency, Alhaji Atiku Abubakar.

It could also be recalled that Emefiele, while still serving as Governor of the Central Bank had had interest in becoming Nigeria’s President on the platform of the APC. The Media was awash with photographs of exotic cars branded with Emefiele’s Presidential campaign posters. His nomination form was reportedly purchased by proxy. Emefiele had also approached the court to restrain the party and electoral authorities from barring him from contesting.

Meanwhile, recent CBN reports show damning evidence of misdoings during Emefiele’s tenure as governor of the Apex bank.

As at press time the details of Emefiele’s plea bargain was not made available to the media.

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More details later…