Tag: Godwin Emefiele

EFCC fails to produce ex-CBN Gov., Emefiele in court

Aminu Imam

The embattled former governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele, was not produced by the Economic and Financial Crimes Commission (EFCC) yesterday, as required by the Federal Capital Territory’s sitting High Court in Maitama, Abuja. Recall that on November 2, Justice Olukayode Adeniyi issued an order to the anti-graft agency directing them to either unconditionally release Emefiele or bring him before the court to be granted bail. However, Emefiele’s attorney, Mathew Burkaa, informed the court at the matter’s reopened procedure that the EFCC had disregarded the directive.…

Read More

Court fixes today to hear Emefiele’s request for release

Aminu Imam

A High Court of the Federal Capital Territory (FCT) sitting at Maitama has slated today Monday to hear an application that is seeking the unconditional release of the embattled former governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele, from detention. Justice O.A. Adeniyi Okayed the matter for hearing after he ordered counsel for the erstwhile CBN Governor to put all the Respondents on notice to enable them to respond to the suit. Cited as Respondents in the suit, marked: FCT/HC/CV/040/2023, are the Federal Republic of Nigeria, the Attorney-General…

Read More

High Court orders immediate release of CBN Gov., Emefiele

Aminu Imam

Aminu Imam The Federal Capital Territory High Court of Justice has issued an “immediate and unconditional release” order for the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The order came in response to an ex-parte motion filed by Emefiele, requesting his release from the custody of the Economic and Financial Crimes Commission (EFCC) until the originating motion is heard. Justice O.A. Adeniyi granted the release order after considering Emefiele’s Motion. The respondents in the case include the Federal Republic of Nigeria, the Attorney-General of the Federation…

Read More

Breaking News: High Court orders immediate release of CBN Gov., Emefiele

Aminu Imam

Aminu Imam The High Court of Justice in the Federal Capital Territory (FCT) has issued a landmark court order that directs the immediate and unconditional release of the Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele. The order came after Emefiele filed a Motion ex-parte, seeking his release from the custody of the Economic and Financial Crimes Commission (EFCC) pending the hearing and determination of the Originating Motion. The court order was issued by His Lordship, Hon. Justice O.A. Adeniyi, at Court 8 in Maitama, Abuja, on the…

Read More

Emefiele arrested by EFCC operatives after release from DSS custody – Sources

Aminu Imam

The embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been arrested by the operatives of the Economic and Financial Crimes Commission (EFCC), after being released by the Department of State Service (DSS), sources have said. Emefiele is being interrogated and there are indications that fresh charges will be filed against him, it was gathered. The former apex bank chief had been in the custody of the DSS since June after President Bola Tinubu handed him a suspension. He was thereafter asked to transfer his responsibilities to…

Read More

Emefiele resigned as CBN Governor, clearing way for Tinubu’s nominee, Cardoso – Report

Aminu Imam

The embattled Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has purportedly resigned from his position in August 2023, following his suspension by President Bola Ahmed Tinubu. Recall that President Tinubu suspended the CBN boss on June 9, and instructed him to delegate his duties to the Deputy Governor of the Operations Directorate, Folashodun Adebisi Shonubi. According to a Reuters report, Emefiele, who was suspended in June, tendered his resignation letter to President Tinubu. This effectively cleared the way for Olayemi Cardoso, who was nominated on Friday by the President…

Read More

Emefiele Investigation: CBN Deputy Gov. A’isha Ahmad released after DSS questioning

Aminu Imam

It has emerged that online reports alleging the arrest and detention of the Deputy Governor of the Central Bank of Nigeria (CBN) in-charge of Financial System Stability (FSS), A’isha Ahmad are not factual. However, the reports of her detention by the Department of State Services (DSS) have been revealed as fictitious. According to a CBN source who spoke on condition of anonymity, “the CBN DG just like other officials participated in the ongoing routine interviews as part of a larger investigation into activities of the former CBN Governor by the…

Read More

Fraud Allegations: Emefiele, FG may settle out of court – Sources

Aminu Imam

Suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is reportedly seeking a plea bargain in the criminal suit filed against him by the Federal Government. Recall that the suspended Emefiele is facing a 20-count charge over an alleged conspiracy to carry out procurement fraud, among others. He was charged alongside one Sa’adatu Yaro, an employee of the CBN, and a firm known as April1616 Investment Ltd. The arraignment, which was initially scheduled for August 17, was stalled due to the absence of Sa’adatu Yaro, Emefiele’s co-accused. The…

Read More

Alleged Fraud: Emefiele breaks down in tears as arraignment case is stalled

Aminu Imam

The suspended Central Bank of Nigeria, (CBN) Governor, Godwin Emefiele, broke down in tears yesterday, as the High Court of the Federal Capital Territory (FCT) adjourned his arraignment to 23rd August, 2023. The arraignment which was initially scheduled for yesterday was stalled due to the absence of some of the defendants who joined in the charge. Emefiele, who was present in court, was charged alongside a female CBN employee, Sa’adatu Yaro and her company, April1616 Investment Limited, on 20 charges bordering on procurement fraud, conspiracy and conferring corrupt advantages. Recall…

Read More

FG slams 20 fresh charges on Emefiele in FCT court

Aminu Imam

…To withdraw Lagos arms case The Federal Government yesterday applied to withdraw the “illegal possession of firearms” case against the suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at a Federal High Court in Lagos. Also speedily, the government has filed fresh charges of 20 counts against Emefiele at the Federal Capital Territory (FCT) High Court. In one of the counts, it was gathered, the Federal Government is accusing Emefiele of “conferring unlawful advantages”. The Director of Public Prosecutions (DPP) at the Federal Ministry of Justice, Mr…

Read More