Tag: Godwin Emefiele

Naira Redesign: Atiku’s camp reacts to Investigator’s Report attempting to exonerate Buhari

Aminu Imam

The camp of Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, has reacted to the report suggesting that it was not ex-President Muhammadu Buhari but his nephew, Sabiu Tunde ‘Yusuf,’ who approved the redesign of the naira. Daniel Bwala, a PDP chieftain and spokesperson for Atiku during the elections, expressed dismay, stating, “It is shocking and regrettable that the special investigator, in his alleged report, is attempting to exonerate Muhammad Buhari by saying that it was not PMB who authorised the naira redesign…

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“EFCC witness’s exoneration of Emefiele clear evidence of witch-hunt” – Arewa Youths

Aminu Imam

Socio cultural group, Arewa Youths Movement has said that exoneration of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele by witnesses of the Economic and Financial Crimes Commission, EFCC at the court, is clear evidence that he was being witch-hunted. The High Court of the Federal Capital Territory (FCT) in Abuja, on Tuesday, commenced the trial of Emefiele, with three witnesses exonerating him of wrongdoings in the award of N1.2bn vehicle supply contract by CBN under him. Reacting to the development, Arewa Youths Movement (AYM) in a statement by…

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H/Reps. move to investigate EFCC attempt to re-arrest Emefiele from prison

Aminu Imam

The House of Representatives, yesterday, moved to investigate an alleged attempt against a court order by the Economic and Financial Crimes Commission (EFCC), in its bid to remove Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), from the Kuje Correctional Centre in Abuja. The House resolution followed the adoption of a petition on the matter from a Civil Society Organisations Society (CSO), Centre for Social Justice Equity and Transparency, (CESJET). In the petition, dated Nov. 27, 2023, and addressed to the House deputy spokesman, Philip Agbese,…

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Again, Court grants Emefiele N300m bail

Aminu Imam

A High Court, of the Federal Capital Territory (FCT) in Maitama, has granted bail to former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. He was granted bail in the sum of N300 million. In a ruling yesterday, the presiding judge, Justice Hamza Mu’azu, held that Emefiele should produce two sureties, who must have landed property in the Maitama District of the FCT. Emefiele was not in court during yesterday’s proceedings, having been remanded at Kuje Prison last week. Recall that another FCT High Court had two weeks…

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Alleged N9.6bn fraud: Court remands ex-CBN Gov. Emefiele in Kuje prison

Aminu Imam

A Federal High Court in Abuja yesterday ordered the remand of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to Kuje Correctional facility in the Federal Capital Territory (FCT), pending ruling on his bail application. Recall that the Economic and Financial Crimes Commission (EFCC) had arraigned the former bank chief on a six-count amended charge before Justice Hamza Mu’azu. The Federal Government, in a 20-count charge, is accusing the former apex bank governor of illegally procuring 98 vehicles and armoured buses to the tune of N9.6 billion.…

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Just in! Alleged N9.6bn fraud: Court remands ex-CBN Gov. Emefiele in Kuje prison

Aminu Imam

A Federal High Court in Abuja has ordered the remand of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to Kuje Correctional facility in the Federal Capital Territory (FCT), pending ruling on his bail application. Recall that the Economic and Financial Crimes Commission (EFCC) had arraigned the former bank chief on a six-count amended charge.Emefiele was arraigned before Justice Hamza Mu’azu. The Federal Government, in a 20-count charge, is accusing the former apex bank governor of illegally procuring 98 vehicles and armoured buses to the tune of…

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Strike: Emefiele’s trial on criminal charges stalls

Aminu Imam

Following the ongoing strike by the organised labour over the brutalisation of Nigeria Labour Congress (NLC) President, Joe Ajaero, the trial of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on criminal charges of economic sabotage, abuse of public office and breach of trust was yesterday aborted at the High Court of the Federal Capital Territory (FCT), Abuja. The opening of the trial was forced to be put-off by the ongoing strike action of the NLC. It was gathered that all the entrance gates were under lock…

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“Leave Emefiele alone”, Arewa group tells security agencies

Aminu Imam

Members of the Concerned Northern Forum (CNF) have asked security agencies of the federal government to let the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to breathe after being granted bail by a Federal High Court in Abuja. The group’s chairman, Comrade Ali Sani, in an issued statement yesterday, said although the judge exacted a promise from Emefiele‘s lawyers to present him in the court for trial whenever needed and also to deposit his international passport in the court, the condition which was immediately fulfilled by…

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Fundamental Human Rights Bail: Group flays moves to re arrest Emefiele

Aminu Imam

A group, the ‘Nigeria Citizens Watch for Good Governance’, has flayed alleged moves to re-arrest suspended Central Bank of Nigeria (CBN) Governor; Godwin Emefiele and expressed deep concern over his safety. In a statement issued by the group’s Chairman, Ahmed Yahuza Tanimu, it was stated that they believed every individual has the right to a fair trial and the presumption of innocence until proven guilty, adding that any form of violence or threat against someone in custody is highly condemnable and goes against the principles of justice and human rights. “We…

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Emefiele granted bail, after 151 days in FG security agencies’ detention

Aminu Imam

The Federal High Court, sitting in Abuja, yesterday granted bail to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele after spending over one hundred and fifty days in detention by security operatives. The former governor, who was transferred last week from the custody of the Department of State Services (DSS), was brought to the court by the Economic and Financial Crimes Commission (EFCC), and was seen surrounded by officials of the anti-graft agency. The presiding judge, Olukayode Adeniyi, while delivering a ruling on his bail application,…

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