Nigeria Breaking News

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Court orders final forfeiture of $1.4m linked to Emefiele

Court orders final forfeiture of $1.4m linked to Emefiele

A Federal High Court in Lagos has ordered the permanent forfeiture of $1.4 million linked to fraud involving the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele. In his ruling on Thursday, Justice Ayokunle Faji stated that the sum was proven to be proceeds of unlawful activities and must be forfeited to …

Judge dismisses recusal request in Emefiele’s trial

Judge dismisses recusal request in Emefiele’s trial

LAGOS — JUSTICE Rahman Oshodi of the Lagos State Special Offences Court in Ikeja, yesterday, dismissed a request for his recusal from the ongoing trial of the former Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele. Emefiele is standing trial along with Henry Omoile over an allegation of fraud brought against him …

Emefiele counters EFCC’s move to call more witnesses

Emefiele counters EFCC’s move to call more witnesses

Former governor of the Central Bank of Nigeria (CBN), 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 in his ongoing procurement fraud trial. Emefiele’s lead counsel, Matthew Burkaa (SAN), argued on Monday that since the EFCC initially listed …