Justice Halilu Yusuf of the Federal Capital Territory High Court has granted former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, bail in the sum of ₦2 billion. The ruling came on Monday after Emefiele was arraigned on an eight-count charge bordering on alleged fraud, criminal breach of trust, and acquisition of a 753-unit housing […]
…Accused Of Stealing, Illegal Acquisition Of 753 Housing Units BY PATRICK WEMAMBU (With Agency Report) The Economic and Financial Crimes Commission (EFCC) has filed fresh charges against embattled former governor of Central Bank of Nigeria, Mr Godwin Emefiele, who is standing trial on several count charges bordering on corruption and alleged abuse of office in […]
BY ANDREW OROLUA Justice Rahman Oshodi of Special Offences Court Ikeja Lagos has refused the oral application made by counsel to former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele asking him to recuse self from further handling of his trial. The judge said in a ruling on Wednesday after reviewing arguments of […]
BY ANDREW OROLUA Like the leader of the proscribed Indigenous Peoples of Biafra (IPOB), Mazi Nnamdi Kanu who has been standing terrorism charges in the Court in Abuja and recently accused Justice no Binta Nyako of bias and thus, requested she recused herself from his trial, two Senior Advocates of Nigeria (SAN), Olalekan Ojo and […]
…Powerful allies of ex-CBN governor claim funds recovered by EFCC BY ORIAKU IJELE & BARTH EZE An influential group of individuals who benefited from the former Governor of the Central Bank, Godwin Emefiele, is mounting pressure to see that the Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, returns back the loot […]
BY ANDREW OROLUA A judge of the Federal Capital Territory’s High Court of Justice, Hamza Muazu on Tuesday refused the request by former governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele to be allowed to travel to United Kingdom for medical care. The judge threw away the request citing failure of Emefiele and […]
BY KUNLE DARAMOLA The woes of Godwin Emefiele, the former Governor of Central Bank of Nigeria continued during the weekend as the Federal High Court sitting in Lagos on Friday ordered the final forfeiture to the Federal Government of properties valued at over N11.14bn and another N1.04 billion linked to him. Justice Chukwujekwu Aneke made […]
Olalekan Ojo (SAN), lawyer to the former governor, Central Bank of Nigeria (CBN), Godwin Emefiele has criticized the Economic and Financial Crimes Commission (EFCC) over its approach to prosecution of the defendant over an alleged gratifications, abuse of office and others. The lawyer who is representing Emefiele in his trial before Justice Rahman Oshodi of […]
. ..As embattled ex-apex bank gov challenges Lagos court’s jurisdiction to try him A former Director of Information Technology of the Central Bank of Nigeria (CBN), Mr John Ayoh, has explained how he collected $600,000 allegedly for contract gratification for the embattled ex-apex bank governor, Mr Godwin Emefiele. Ayoh, while being led in evidence by […]
An Ikeja Special Offences Court on Monday remanded the embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, for alleged abuse of office and fraud to the tune of $4.5 billion and N2.8 billion. The News Agency of Nigeria (NAN) reports that Justice Rahman Oshodi remanded Emefiele in the Economic and Financial Crimes Commission […]
BY ANDREW OROLUA Ex- Central Bank of Nigeria (CBN) governor, Godwin Emefiele and nine other officials of the apex bank approved 45 multi-billion Naira contracts for Emefiele’s wife, Margaret. An investigator with the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Agboro Omowera, told a High Court of the Federal Capital Territory (FCT) on […]
Issues heated exchange of high-profile figures in Nigeria’s political and financial landscape, Dr. Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), has taken a stand against defamatory statements made by the President of the Senate Godswill Akpabio. The controversy stems from comments aired on Channels Television around February 18, 2024, which […]
By Andrew Orolua In a recent hearing at the High Court of the Federal Capital Territory, Abuja, Onyeka Ogbu, a former Deputy Director at the Central Bank of Nigeria (CBN), revealed that his department processed a payment of $6,230,000 for international election observers. Ogbu, the first Prosecution Witness (PW1) in the trial of former CBN […]
BY ORIAKU IJELE The Economic and Financial Crimes Commission, EFCC has re-arraigned a former governor of Central Bank of Nigeria, CBN, Godwin Emefiele before Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja. He was re-arraigned on Friday, January 19, 2024 on 20-count amended charges bordering on conferment of corrupt advantages, […]
The Conference of Nigerian Intellectuals in the United States has drawn the attention of the international community to alleged human rights violations back home under the administration of President Bola Tinubu. The group expressed displeasure at the Economics and Financial Crimes Commission (EFCC) handling of former Central Bank of Nigeria Governor, Godwin Emefiele. Recall that […]
BY ANDREW OROLUA Embattled former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele was on Friday remanded in Kuje Correctional Centre until Nov 22 when his bail application will be determined. A judge of Federal Capital Territory (FCT) High Court sitting in Maitama District of Abuja Justice Hamza Muazu ordered Emefiele’s remand after the […]
The Federal Government will today, commence the trial of the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on alleged economic sabotage. Naija News reports that Emefiele’s trial was previously halted. However, he will now be arraigned at a High Court in Abuja, the Federal Capital Territory today. A notice seen by […]
…There must be an end to detention without trial, says judge BY ANDREW OROLUA The fresh air of freedom caressed the face of thoroughly embattled immediate past Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday as his status changed from being a detainee, on the orders of Justice Olukayode Adeniyi of the […]
By Tunde Opalana Trouble may not be over for the embattled ex- Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele as the Senate set to probe printing of new naira notes last year. This was revealed Tuesday as the Senate Public Account Committee (SPAC) continue it’s investigative interaction with the management of the […]
… People’ll suffer for many more years BY KEHINDE AKINPELU Emefiele, After taking a hard look at the nation’s economic profile, a financial expert, Babatunde Salami, has advanced reasons it would be difficult for the country to escape the pressure of socio-economic hardship currently plaguing it. Furthermore, he told Nigerians to brace up for more […]