Court Orders Forfeiture Of Emefiele’s $1.4 Million Suspected Bribery Proceeds

The Federal High Court in Lagos, on Wednesday, ordered the interim forfeiture of $1,426,175.14 linked to former Governor of the Central Bank of Nigeria, Godwin Emefiele. Justice Ayokunle Faji directed the Economic and Financial Crimes Commission to publish the interim forfeiture order in a national newspaper. The judge said anyone interested in the funds must…

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Emefiele implemented naira swap without Buhari’s approval – EFCC

The Economic and Financial Crimes Commission, on Wednesday, arraigned the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, for alleged unlawful redesign and printing of the new naira notes. Emefiele was arraigned before Justice Maryanne Anenih of the Federal Capital Territory High Court. In the charge marked CR/264/2024, the EFCC alleged that Emefiele…

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EFCC To Arraign Central Bank Ex-Governor Emefiele For Using N18billion To Print N685million Notes

The Economic and Financial Crimes Commission (EFCC) will arraign a former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Wednesday for naira swap fraud.  The EFCC is accusing Emefiele of approving the printing of N684.5million at the rate of N18.96billion. It was gathered that the arraignment was originally scheduled for April 30, 2024,…

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Court Grants Emefiele N50m Bail

The embattled former Central Bank Governor, Godwin Emefiele, has been granted bail in the sum of N50m after being charged with a 26-count bordering on alleged abuse of office and irregular allocation of $4.5 billion and N2.8 billionrespectively. Emefiele was admitted to bail with two sureties in like sum by Justice Rahmon Oshodi on Friday.

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EFCC releases details of fresh charges against Emefiele

In response to public inquiries regarding the arraignment of former Central Bank Governor Godwin Emefiele, the Economic and Financial Crimes Commission (EFCC) has released details of the charges against him. In response to public inquiries regarding the arraignment of former Central Bank Governor Godwin Emefiele, the Economic and Financial Crimes Commission (EFCC) has released details…

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Ex-SGF, Boss Mustapha Exonerates Self, Buhari From Alleged $6.2m election observers fund

Immediate past Secretary to the Government of the Federation SGF, Boss Mustapha, on Tuesday exonerated himself and former President Muhammadu Buhari from the alleged fraudulent payment of $6.2 million to foreign election monitoring observers. He said that the letter credited to Buhari as author did not emanate from the Presidency while another one purported to…

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