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Emefiele Denies 26-count Charges Before Ikeja Court

Former Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, and his co-defendant, Henry Isioma-Omoile, on Monday pleaded not guilty to a 26-count charge brought against them by the Economic and Financial Crimes Commission (EFCC). They were arraigned before Justice Rahman Oshodi of the Ikeja Special Offences Court. Defence counsel, Mr. A. Labi-Lawal, in […]

More Revelations on Emefiele’s Fraudulent Contract Approvals

In an ongoing trial at the High Court of the Federal Capital Territory, former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, along with nine other officials of the apex bank, is accused of approving 45 multi-billion Naira contracts for various entities, including Emefiele’s wife, Margaret. According to Agboro Omowera, an investigator with the Independent […]

Emefiele: Forencic Analyst Confirms Forged Document Used in $6.2m Payment to Election Observers

The legal proceedings against the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, unfolded on Thursday before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja. A forensic analyst, Bamaiyi Meriga, called by the Economic and Financial Crimes Commission (EFCC), confirmed that documents used to request the payment of $6.2 million […]

Emefiele Mulls N25bn Defamation Suit Against Akpabio

Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), is considering legal action against Senate President Godswill Akpabio, seeking N25 billion in damages for alleged defamation of character. Emefiele’s lawyer, Matthew Burkaa, SAN, issued a letter to the Senate President, demanding a written apology published through the same medium used for the […]

FG Places Three on Interpol’s Watch-list Over Emefiele’s $6.23m Fraud Case

The Presidency has formally approached Interpol National Central Bureau, seeking a Red Notice for the apprehension of three suspects implicated in the alleged theft of $6.23 million from the Central Bank of Nigeria (CBN). Among the suspects is CBN staff, Odoh Eric Ocheme, along with Adamu Abubakar and Imam Abubakar. This request, stemming from a […]

EFCC Declares Emefiele’s Wife, Three Others Wanted

The Economic and Financial Crimes Commission (EFCC) has officially declared Mrs. Margaret Emefiele, the wife of the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, wanted. In addition to Mrs. Emefiele, the commission has also declared Eric Odoh, a CBN official, Anita Omoile, a businesswoman, and Jonathan Omoile, a Bureau De Change operator, as […]

Special Investigation Uncovers Sordid Details of Emefiele’s Tenure at CBN

Godwin Emefiele, the former Central Bank Governor, faces allegations tied to the acquisition of Union Bank and Keystone Bank, with a government-recommended nationalization looming over the institutions, according to a report from the banks’ special investigator. In a document obtained by Outlook Nigeria, Special Investigator Sam Obazee’s report to President Bola Tinubu revealed discrepancies in […]