.empirical evidence shows that corruption is considered one of the main contributors to Africa’s development challenges, but less is known about the determinants of corruption and why the levels of corruption vary between countries. For example, Nigeria is a nation floundering under high-scale corruption, especially among public officeholders.
The EFCC's first prosecution witness, a senior supervisor at the CBN, testified in the trial on fresh 26 counts, including alleged $4.5 billion and N2.8 billion fraud, filed against Mr Emefiele, and his co-defendant, Henry Omoile.
How Emefiele conferred corrupt advantage on five firms, by EFCC thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
Mr Emefiele pleaded not guilty to all the fresh charges, marking the beginning of the second fraud and corruption case filed against him by the EFCC since his indictment as a special investigator.