The case was adjourned to November 13, 2024, for continuation of trial. Stephen Salau Gana, the 10th Prosecution Witness, (PW10) in the trial of former governor of Central Bank of Nigeria, Godwin Emefiele, has disclosed how Emefiele awarded contracts without bidding processes in violation of procurement act. The Economic and Financial Crimes Commission (EFCC) is…
A former acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, on Wednesday, told Justice Maryann Anenih of the Federal Capital Territory High Court in Maitama, Abuja, that intrigues and politics were involved in the naira redesign exercise carried out in 2022. Shonubi, who served as the Deputy Governor of Operations before his appointment…
The trial of former Central Bank of Nigeria Governor, Godwin Emefiele, continued on Thursday before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja as a forensic analyst confirmed that the documents used to request the payment of $6.2million for foreign election observers were forged. The witness, Bamaiyi Meriga, called by the…
The embattled former Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, has been released from Kuje prison. Umar Abubakar, the Nigerian Correctional Service (NCoS) spokesman, confirmed this exclusively on Saturday. Abubakar said Emefiele was freed on Friday from Kuje prison after fulfilling his bail conditions. Godwin Emefiele has been released on Friday….
The Presidency has said the immediate past Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, would have faced a firing squad if he were from China. President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, said Emefiele and his gangs committed egregious misappropriation that would not be allowed in China. Onanuga…
Justice Hamza Muazu of the Federal Capital Territory High Court Abuja has postponed the trial of the former Governor of the Central Bank, Mr Godwin Emefiele, to January 18, 2024. Emefiele, who is currently in the Kuje Correctional Centre, has been unable to meet the bail conditions set by Justice Muazu, which include a bail…
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is reportedly set to return over N 1.6 billion to secure a plea dialogue. Recall that the Economic and Financial Crimes Commission (EFCC) had last week arraigned Emefiele on a six-count charge bordering on alleged procurement fraud. The original charge, which was 20 counts…
Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has been remanded at the Kuje Correctional Centre by the Federal Capital Territory High Court. He was arraigned before the court on six charge bordering on procurement fraud worth ₦1.2 billion, to which he pleaded not guilty. He applied for bail from the…
The Federal Government has brought forward a six-count charge against Mr. Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN). The charges relate to alleged irregularities in procurement. Ekweanaedo news gathered that the initial accusation of 20 counts totaling N6.5 billion has now been reduced to six counts amounting to N1.6 billion….
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, will today be put on trial by the Federal Government on alleged economic sabotage-related offences. Emefiele’s trial was initially scheduled to commence on Wednesday but was stalled by the strike action by Nigeria Labour Congress, NLC. He will be arraigned at a High Court…
