Nigeria, March 12 -- A prosecution witness, on Monday, detailed how former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, who who is standing trial on fraud and corruption charges, allegedly awarded 45 contracts, cumulatively worth billions of naira, to family members, including his wife, Margaret Emefiele, and associates.

Agboro Michael, an ICPC investigator, identified April 1616 Investment Limited, owned by Sa'adatu Ramalan Yero, a CBN employee and Mr Emefiele's associate, as one of the two beneficiaries of the slew of contracts. The other, according to the witness, is Architekon Nigeria Limited, owned by Mr Emefiele's wife, Margaret Emefiele. One of Margaret's brothers was also said to have benefitted from some of the contra...