A key witness in the trial of former Central Bank of Nigeria governor Godwin Emefiele testified that Emefiele instructed him not to keep records of over $3 million cash collected on his behalf. The revelations highlight serious allegations of money laundering and raise concerns about...
A Lagos Federal High Court has ordered the interim forfeiture of $2.04 million and seven properties linked to former CBN Governor Godwin Emefiele. The EFCC alleges the assets were acquired through fraudulent activities. The ruling aims to prevent asset dissipation as Emefiele faces multiple...
EFCC opposes Godwin Emefiele’s request for passport release, citing flight risk and lack of medical proof. Court adjourns ruling to July 16.
The Economic and Financial Crimes Commission (EFCC) has opposed the request of former Central Bank of Nigeria governor Godwin Emefiele to travel abroad...
A Lagos federal court orders the final forfeiture of N12.18 billion worth of properties linked to former CBN Governor Godwin Emefiele. The EFCC-led case resulted in the transfer of assets to the Nigerian government. This ruling marks a significant step in anti-corruption efforts and legal...
Former CBN governor Godwin Emefiele allegedly printed a different design of the new naira note without approval, as testified by ex-CBN director Ahmed Umar. Discrepancies include missing features like QR codes and portrait placement differences.
Former CBN governor Godwin Emefiele allegedly...
In the trial of former CBN governor Godwin Emefiele, contractor Victor Onyejiuwa alleges a $600,000 bribe payment to a former CBN official. The testimony sheds light on allegations of abuse of office and fraud. Follow the trial proceedings and the unfolding details of the case.
In the ongoing...
Former CBN Governor, Godwin Emefiele, granted N300 million bail by a Federal Capital Territory High Court amid charges of illegal naira printing by the EFCC. Emefiele pleaded not guilty to four counts. The court ruled for bail, requiring two sureties and travel document deposition. Trial set for...
In a recent court hearing at the Lagos High Court Sitting in Ikeja, John Ayoh, a former Director of Information Technology at the Central Bank of Nigeria (CBN), testified against former CBN Governor Godwin Emefiele.
Ayoh alleged that Emefiele had a practice of accepting bribes before awarding...
The Lagos State Special Offences Court in Ikeja has ordered the return of Godwin Emefiele, the former Central Bank Governor of Nigeria, to the custody of the Economic and Financial Crimes Commission (EFCC).
This decision follows Emefiele's arraignment on 23 counts of alleged offenses including...
Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele has pleaded not guilty to a 26-count charge of abuse of office. Emefiele and his co-defendant, Henry Omole, appeared before Judge Rahmon Oshodi at the Ikeja High Court, where they both entered not-guilty pleas.
The charges against...
The Economic and Financial Crimes Commission (EFCC) has initiated a fresh legal action against Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), unleashing a 26-count charge against him.
This indictment encompasses allegations of abuse of office and corruption, drawing...
President Bola Tinubu officially closed the months-long investigation conducted by the Central Bank of Nigeria (CBN), expressing gratitude towards the special investigator, Mr. Jim Obazee, for his dedicated service.
In a statement titled ‘President Tinubu thanks Jim Obazee as special...
Renowned Nigerian author and activist, Reno Omokri, has stirred significant discourse within the political landscape with his recent statement urging caution in the handling of potential probes into President Muhammadu Buhari and Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Omokri's...
Amidst speculation and internal turmoil at the Central Bank of Nigeria (CBN), reports indicate that at least eight directors are facing early retirement.
These directors, previously redeployed to FSS 2020, are now being asked to exit the CBN, sparking concerns and confusion among staff. While...
In a recent interview with media personality Chude Jideonwo, Ajuri Ngelale, Special Adviser to President Bola Tinubu on Media and Publicity, disclosed that numerous approvals for fund releases within the Central Bank of Nigeria (CBN) during Godwin Emefiele's tenure did not bear the signature of...
The trial of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, continued at the Federal Capital Territory High Court in Abuja on March 7, revealing a gripping revelation as forensic analyst Bamaiyi Meriga, called by the Economic and Financial Crimes Commission (EFCC)...
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