Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has officially denied all allegations tied to a fresh eight-count charge filed by the Economic and Financial Crimes Commission (EFCC). The high-profile case centers on claims that Emefiele illegally acquired 753 luxury duplexes in Abuja while in office.

Filed on Monday, the new charges allege gross abuse of power, misuse of public office, and illicit wealth accumulation. According to EFCC prosecutors, the former apex bank chief used proxy companies and individuals to secretly obtain and control the properties—worth billions of naira—through questionable means.

Emefiele’s legal team has firmly rejected the claims, calling the charges politically driven and an attempt to undermine his legacy. His lawyers argue that the accusations lack substance and are part of a broader campaign to discredit his tenure.

The scandal adds to a growing list of controversies surrounding Emefiele. In 2023, he was linked to the unauthorized printing of Naira notes, a claim he also denied. His role in the mismanagement of Nigeria’s agricultural loan program—intended to empower local farmers—has also faced public scrutiny.

Public reactions to the new charges have been intense. Many Nigerians see the trial as a critical moment in the country’s anti-corruption journey. While critics accuse the government of using the EFCC for political score-settling, others praise the agency for pursuing justice at the highest levels of public service.

As the legal proceedings unfold, all eyes remain on Nigeria’s judiciary. Will Emefiele be convicted for financial misconduct, or will he walk free? The implications are vast—not only for Emefiele’s legacy but for the credibility of Nigeria’s war against corruption.

The EFCC’s persistent pursuit of accountability is seen by many as a bold message: no official is untouchable. With ongoing investigations and public pressure mounting, the nation waits to see if justice will prevail in one of Nigeria’s most talked-about financial scandals.