EFCC announces Emefiele, cronies as owners of 753 Abuja duplexes

Court documents filed on Tuesday by Nigeria’s Economic and Financial Crimes Commission (EFCC) have finally revealed that the 753-duplex estate in Abuja is tied to Godwin Emefiele, the former Governor of the Central Bank of Nigeria, and his cronies, including one Ifeanyi Omeke. The estate, located in the Lokogoma District, covers over 150,000 square meters […]

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Court grants order for forfeiture of Emefiele’s $2.4m, Lagos, Delta assets

Nigeria’s Federal High Court sitting in Lagos, on Thursday, ordered the interim forfeiture of $2.04 million and seven properties connected to former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele. Presiding judge, Justice Akintayo Aluko made the order following an application by the Economic and Financial Crimes Commission (EFCC), which is investigating […]

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Court orders final forfeiture of Emefiele’s $1.4m bribery proceeds

Nigeria’s Federal High Court sitting in Lagos and presided over by Justice Ayokunle Faji , on Tuesday, ordered the final forfeiture of the sum of $1,426,175.14 linked to the immediate-past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to the Federal Government. EFCC had earlier on May 29, 2014, secured an interim order […]

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Court grants order for forfeiture of N11.14bn property linked to Emefiele

Nigeria’s Federal High Court sitting in Lagos on Wednesday granted the Federal Government an order of interim forfeiture of property valued at N11,140,000,000.00 linked to the embattled former governor of Central Bank of Nigeria, Mr. Godwin Emefiele. Presiding judge, Justice Chukwujekwu Aneke, made the order following a motion filed and argued by the counsel for […]

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Court orders interim forfeiture of $4.7m, N830m assets connected to Emefiele

Nigeria’s Federal High Court sitting in Lagos and presided over by Justice Yellim Bogoro, has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The judge made the order on Thursday, following an ex-parte application filed by […]

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Emefiele charged for allegedly printing N684m notes with N18.96bn, gets N300 million bail

Nigeria’s Economic and Financial Crimes Commission (EFCC), on Wednesday, May 15, arraigned the immediate past Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele for allegedly approving the printing of N684.5m at the rate of N18.96bn. When the four-count charge was read to him, at the FCT High Court, Abuja, the embattled former CBN […]

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Emefiele faces fresh charges, accused of approving N18.9bn to print N684.5m naira notes

Nigeria’s Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN). In the four-count charge, the anti-graft agency accused Emefiele of approving the printing of N684,590,000 naira notes at the rate of N18.96 billion. The commission is alleging that Emefiele broke the […]

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Emefiele, Omole face fresh 26-count charge on Monday

Nigeria’s Economic and Financial Crimes Commission (EFCC) will on Monday, April 8, 2024, arraign the embattled former Central Bank of Nigeria governor, Godwin Emefiele at the Ikeja State High Court in Lagos for alleged abuse of office over allocation of billions of United States dollars. Emefiele alongside his co-defendant, one Henry Isioma Omole, will be […]

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The Travails of Emefiele (1), By Shaka Momodu

A few hours after Godwin Emefiele, the then Governor of the Central Bank of Nigeria (CBN) was suspended by President Bola Ahmed Tinubu on June 10, 2023, he was arrested with a vengeance by the operatives of the Department of State Services (DSS), his case later transferred to the Economic and Financial Crimes Commission and was only released on […]

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How Emefiele used proxies to acquire Union, Keystone, Polaris Banks ―CBN Investigator

Immediate past governor of Nigeria’s Central Bank, Mr. Godwin Emefiele allegedly used proxies to acquire an old generation bank, the Special Investigator on the Central Bank of Nigeria (CBN), Mr Jim Obaze has said. In his report, submitted to President Bola Tinubu on December 20, Obaze detailed how a second generation bank was acquired in […]

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Emefiele meets bail conditions, leaves prison custody

Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been released from the Kuje Correctional Centre after meeting up with his bail condition.. It was learnt that Emefiele was released on Friday, December 22 2023 after perfecting his bail. The spokesperson for the Kuje Correctional Centre, FCT, Adamu Duza, confirmed the development […]

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Ex-CBN gov, Emefiele remanded in Kuje prison custody

Nigeria’s High Court sitting in the Federal Capital Territory, Abuja, Nigeria, has ordered that the ex-Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, who is standing trial on procurement fraud, be remanded in the Kuje Correctional Centre pending the determination of his bail request. The trial which had been stalled on three occasions finally […]

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Nigerian govt files fresh 20-count charge against ex-CBN governor Emefiele

Nigerian government, on Tuesday, applied to withdraw the charge of illegal possession of firearms pending against the suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Director of Public Prosecutions (DPP) at the Federal Ministry of Justice, Mohammed  Bakodo Abubakar, who approached the federal high court in Ikoyi, Lagos with an oral application […]

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CBN discloses $13.8 billion debt owed to JP Morgan, Goldman Sachs, etc secretly borrowed by Buhari, Emefiele using foreign reserve as collateral

Nigerians on Twitter (X) have demanded that Buhari and former Central bank of Nigeria (CBN) governor, Godwin Emefiele be imprisoned for reportedly using Nigeria’s foreign reserve secretly as collateral for loans The CBN owes JP Morgan and Goldman Sachs a combined sum of $7.5 billion as of the financial year ending December 2022. Also included […]

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DSS vs Emefiele: Foreign investors hate lawless countries, By Azuka Onwuka

Last week, the Department of State Services created some embarrassment for Nigeria with the show of shame it displayed at the Federal High Court in Lagos State. And sadly, it was obvious that the DSS had the blessing of President Bola Tinubu, because there was no statement from the presidency condemning that act, neither was […]

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Nigeria’s DSS, Prison Officials fight over custody of Emefiele

Officials of the Nigerian Correctional Service (NCS) and operatives of the Department of State Services (DSS), on Tuesday, fought over the custody of suspended Governor of the Central Bank of Nigeria Currently suspended governor of the Central Bank of Nigeria (CBN), Nigeria’s once-powerful central bank chief was charged with illegally owning a shotgun and hundreds […]

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Finally DSS arraigns Emefiele in court, admitted to 20m bail

After a long detention and massive condemnations by Nigerians, the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has finally been arraigned for illegal possession of firearm and ammunition. Emefiele arrived at the Federal High Court sitting in Ikoyi, Lagos for his arraignment on two counts charges. He was brought to court by officials […]

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Emefiele, Bawa and Rule of Law, By Olusegun Adeniyi

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, took a very big gamble last year by seeking the presidential ticket of the ruling All Progressives Congress (APC) while still in office. He raised the stakes even higher with a Naira redesign policy that was either not well thought-out or done with malicious intent. Incidentally, a […]

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Emefiele: Scapegoating A Buhari Proxy, By Akin Osuntokun

“The man is in the hands of the authorities. Something is being done about that. They will sort themselves out.The financial system was rotten. Few people were making away with our money…that is gone now; the man (Emefiele) is in the hands of the authorities,”-President Bola Ahmed Tinubu The extant grooming of the Nigerian public […]

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