THE trial of the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, continued on Tuesday with a former Director of Operations at the apex bank, Ahmed Umar, telling the court that the naira redesign embarked upon by Emefiele late 2022 did not have the approval of the Committee of Governors. The Economic and … Read more
THE Federal High Court sitting in Ikoyi, Lagos, has decreed an interim forfeiture of $4,719,054, ₦830,875,611, and numerous properties linked to the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Yellim Bogoro issued the order on Thursday, May 23, 2024, following an ex-parte application argued by the counsel for the … Read more
FORMER governor of the Central Bank of Nigeria, Godwin Emefiele, has been charged with allegations of unauthorised currency printing and irregular withdrawals amounting to billions of naira, adding to his ongoing legal woes. Emefiele, who is already embroiled in a separate fraud trial, appeared in an Abuja court on Wednesday where he pleaded not guilty … Read more
An FCT High Court on Wednesday admitted the embattled former Central Bank Governor, Godwin Emefiele to bail in the sum of N300 million Justice Maryann Anenih granted him to bail while ruling on his bail application over alleged unlawful naira colour swap. The Economic and Financial Crimes Commission brought against him a-four – count amended … Read more
A Federal Capital Territory (FCT) high court on Thursday, adjourned until June 24 for continuation of hearing the trial of suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele at the instance of the prosecution. The Economic and Financial Crimes Commission (EFCC) charged Emefiele with 20 counts of criminal breach of trust, forgery, … Read more
THE embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has been linked to no fewer than five firms. Trojan News understands that Emefiele was linked to the five firms in the 26-count charge of alleged fraud and corruption filed against him by the Economic and Financial Crimes Commission (EFCC). Four of the five firms, located … Read more
THE Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, April 8, 2024, arraigned a former Governor of the Central Bank of Nigeria, Godwin Emefiele, before Justice R.A. Oshodi of the Special Offences Court sitting in Ikeja, Lagos for an alleged $4.5bn and N2.8bn fraud. Emefiele was arraigned alongside one Henry … Read more
NIGERIA’S former central bank governor, Godwin Emefiele, is set to appear in a Lagos court on Monday following the filing of 26 fresh corruption charges against him by the country’s anticorruption body. These charges allege Emefiele’s involvement in misuse of authority and corrupt practices, adding to previous procurement fraud charges he denies. Emefiele, who has been embroiled in legal … Read more
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, accusing him of abusing his authority while in office. According to the fresh 26-count charge filed at the Lagos State High Court in Ikeja, the … Read more
A Seventh Prosecution Witness, PW7, in the trial of a former governor of Central Bank of Nigeria, CBN, Godwin Emefiele on Monday, March 11, 2024 told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Abuja, how Emefiele allegedly signed and approved award and payments of contracts to April 1616 Investment Limited and … Read more