Tag: Godwin Emefiele

$6.23m Withdrawn From CBN With Forged Documents Under Emefiele – Witness

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$6.23m Withdrawn From CBN With Forged Documents Under Emefiele – Witness

A prosecution witness of the Economic and Financial Crimes Commission (EFCC) has told the Federal Capital Territory (FCT) High Court in Abuja that $6.23 million was allegedly withdrawn from the Central Bank of Nigeria (CBN) using forged approval documents during the tenure of former CBN Governor, Godwin Emefiele. The witness, Bashirudden Muhammed Maishanu, an Assistant…

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Financial Crimes

Reps Urge Allocation of Forfeited Emefiele-Linked Estate to Low-Income Nigerians, IDPs

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Reps Urge Allocation of Forfeited Emefiele-Linked Estate to Low-Income Nigerians, IDPs

In a bold move that seeks to merge anti-corruption gains with social welfare, the House of Representatives has urged the Federal Government to allocate a forfeited estate formerly linked to ex-Central Bank Governor Godwin Emefiele to low-income earners, internally displaced persons (IDPs), and other vulnerable Nigerians. The call came after the House, during a plenary…

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National Assembly, News

Court Orders Final Forfeiture of $1.4m Linked to Emefiele

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Court Orders Final Forfeiture of $1.4m Linked to Emefiele

Justice Ayokunle Faji of the Federal High Court, Ikoyi, Lagos, on Thursday, March 6, 2025, ordered the final forfeiture of $1,426,175.14 ( One Million, Four Hundred and Twenty Six Thousand, One Hundred and Seventy Five United States Dollars, Fourteen cents)  linked to former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. The order…

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Financial Crimes

Lagos Court Grants Emefiele N50m Bail

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Lagos Court Grants Emefiele N50m Bail

An Ikeja Special Offences Court on Friday admitted the suspended Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, to bail in the sum of N50 million. He is charged with abuse of office and fraud to the tune of $4.5 billion and N2.8 billion. Justice Rahman Oshodi, in his ruling, admitted Emefiele to bail with…

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Justice and Judiciary

More Troubles For Emefiele, Faces 26-Count Fresh Fraud Charges

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More Troubles For Emefiele, Faces 26-Count Fresh Fraud Charges

The Economic and Financial Crimes Commission (EFCC) has filed fresh charges, including alleged fraudulent foreign exchange allocation of $2 billion, against former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. In the fresh 26-count charge filed at the Lagos State High Court in Ikeja, the anti-graft agency said Mr Emefiele while being CBN governor arbitrarily…

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Financial Crimes

Emefiele, 15 Others To Face Trial Over N26.6 Trillion Fraud At CBN – Reports

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Emefiele, 15 Others To Face Trial Over N26.6 Trillion Fraud At CBN – Reports

Embattled former Central Bank Governor, Godwin Emefiele, a minister and 14 others are to face trial over various misappropriation of funds, abuse of office and official privileges at the Central bank of Nigeria. This information was brought to the public domain yesterday. After a five-month probe, Godwin Emefiele, the minister and 14 others have been…

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Financial Crimes

Alleged N1.2b Contract Fraud: Emefiele Not Owner Of Firm Awarded

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Alleged N1.2b Contract Fraud: Emefiele Not Owner Of Firm Awarded

A High Court of the Federal Capital Territory, sitting at Maitama, on Tuesday, commenced full-scale hearing in the case the Economic and Financial Crimes Commission, EFCC, preferred against the former Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele. The first witness in the matter, Mr. Samsudeen Romanus, in his Evidence-in-Chief, told the court…

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Crime Watch

Emefiele’s Court Arraignment Adjourned Till 23rd August

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Emefiele’s Court Arraignment Adjourned Till 23rd August

The much anticipated arraignment of suspended Governor of the Central Bank, Godwin Emefiele, on a fresh 20-count charge, was today adjourned because of the absence of a defendant in the case. Early Thursday morning, Emefiele appeared before the Federal Capital Territory High Court sitting at Maitama, to enter his plea to the fresh charge against…

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Justice and Judiciary

Emefiele Faces Graft Charges As Prosecutor File’s Fresh Suit

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Emefiele Faces Graft Charges As Prosecutor File’s Fresh Suit

A fresh 20-count charge has been filed against suspended and detained central bank governor Godwin Emefiele on Tuesday. One of the charges accused him of “conferring unlawful advantages”, sources revealed. Full details of the new charges have not yet been made public. However, court documents deposed by the Attorney General’s Office last month showed that…

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Finance and Economy, Financial Crimes

Emefiele: Lawyers Allege Threat To Their Lives

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Emefiele: Lawyers Allege Threat To Their Lives

Yesterday in Abuja, lawyers, who, on Monday, filed contempt proceedings against the DG of the Department of State Services (DSS), Yusuf Bichi, following the continued detention of suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele, have raised the alarm over alleged threats to their lives. The Lawyers spoke yesterday on the premises of the…

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Justice and Judiciary