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 a former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. The … Read more
JUSTICE R.A. Oshodi of a Special Offences Court sitting in Ikeja, Lagos, on February 26, 2025 refused an application of a former governor of the Central Bank of Nigeria, Godwin Emefiele, asking the trial judge to recuse himself from the case on the allegation of bias. Emefiele is standing trial on a 19-count charge bordering … Read more
Embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has urged the Federal Capital Territory High Court in Abuja to prevent the Economic and Financial Crimes Commission (EFCC) from calling additional witnesses beyond the 10 initially listed in his ongoing procurement fraud trial. Emefiele’s lead counsel, Matthew Burkaa (SAN), argued that since the EFCC had only included … Read more
A former Secretary at the Central Bank of Nigeria (CBN), Mr John Ogah, on Monday testified in the trial of former CBN Gov. Godwin Emefiele for fraud and abuse of office. Emefiele us charged before an Ikeja Special Offences Court. He is standing trial for abuse of office and $4.5 billion and N2.8 billion fraud … Read more
Edward Adamu, fourth Prosecution Witness (PW4) in the trial of the former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele on Wednesday, October 9, 2024 told Justice Maryanne Anenih of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, that Emefiele did not did have the approval of either former President Muhammadu Buhari or that of the CBN Board for the 2023 redesign of naira notes as … Read more
FEDERAL High Court sitting in Lagos has ordered interim forfeiture of $2.04 million and seven properties linked to the embattled former Central Bank of Nigeria, Godwin Emefiele. Justice Akintayo Aluko made the order on Thursday following an application by the Economic and Financial Crimes Commission investigating alleged fraudulent activities linked to Emefiele. The properties in … Read more
A Federal Capital Territory (FCT) High Court on Tuesday dismissed an application filed by the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to travel to the UK medical treatment. The EFCC charged Emefiele with criminal breach of trust, forgery, conspiracy to obtain by false pretence and obtaining money by false pretence, … Read more
Justice Hamza Mua’zu of the Federal Capital Territory, (FCT), High Court, Abuja, on Tuesday, June 25, 2024 slated July 8, 2024 for ruling on the prayer of Mr.Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN) for the release of his passport to enable him travel overseas for medical attention. Emefiele’s counsel, Mathew Burkaa had … Read more
The Seventh Prosecution Witness, (PW7) in the trial of former governor of Central Bank of Nigeria, (CBN), Mr. Godwin Emefiele on Monday, June 24, 2024 told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Abuja, that Emefiele signed and approved contract awards and payments to April 1616 Investment Limited and Architekon Nigeria … Read more
A former Central Bank of Nigeria (CBN), Director of Currency Operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design of the naira. Umar disclosed this while giving evidence at the Federal Capital Territory, FCT, High Court sitting in Maitama. The former CBN director said the features in the … Read more