Emefiele: Court fixes April 17 for adoption of addresses in trial-within-trial
An Ikeja Special Offences Court has scheduled April 17 for the adoption of final written addresses in the trial-within-trial involving Henry Omoile, who is standing trial alongside former Central Bank of Nigeria governor, Godwin Emefiele. The case is part of an ongoing corruption trial linked to financial transactions worth billions. Emefiele is facing a 19-count […]
$4.5bn fraud: Court fixes Emefiele’s WhatsApp review ruling Sept.15
The Ikeja Special Offences Court has set September 15 as the date to decide on former Central Bank of Nigeria (CBN) governor Godwin Emefiele’s request to examine WhatsApp messages as part of his $4.5 billion fraud trial. Emefiele is facing charges that include making corrupt demands and receiving bribes. His co-defendant, Henry Omoile, is also […]
Godwin Emefiele faces fresh arraignment over illegal acquisition of 753 duplexes
Emefiele is expected to appear before Justice Hallilu at the Federal Capital Territory (FCT) High Court today, June 16, to answer questions about how he obtained the property. This case adds to the list of corruption allegations he has been dealing with in recent months. The estate, which is located at Plot 109, Cadastral Zone […]
Forfeiture order: EFCC slams fresh charges on Emefiele
The Economic and Financial Crimes Commission (EFCC) has brought fresh charges against Godwin Emefiele, who was once the Governor of Nigeria’s Central Bank. The EFCC claims he illegally took control of 753 houses located in the Lokogoma District of Abuja. In the new case filed at the High Court in Abuja, the EFCC also accused […]
Emefiele asks court to overturn forfeiture of 753 Abuja duplexes
Godwin Emefiele, the former Governor of Nigeria’s Central Bank (CBN), is asking the Court of Appeal to cancel the court orders that took away 753 duplex houses in Abuja from him. In an appeal filed on April 30, 2025, Emefiele said the court’s decision to seize the houses was made without enough proof. He believes […]
EFCC investigator alleges Emefiele received $17.1m cash through proxy in three years
An investigator from the Economic and Financial Crimes Commission (EFCC) has said that the former Governor of the Central Bank of Nigeria, Godwin Emefiele, received $17.1 million in cash through someone else over three years. The EFCC officer, Alvan Gurumnaan, told the court on Tuesday that the money was given between 2020 and 2023. The […]
Ex-CBN Gov, Emefiele distances self from ownership of purported forfeited properties
The former Governor of the Central Bank of Nigeria (CBN), Godwin Ifeanyi Emefiele, has denied any ownership of properties recently forfeited to the Nigerian government. In a statement released by his legal team, he clarified that while some of the assets belong to his relatives, neither he nor his immediate family own them. Emefiele’s statement […]
Court Orders Final Forfeiture of $2.045 Million and Properties Linked to Ex-CBN Governor Emefiele
In a significant ruling, a Federal High Court in Lagos has ordered former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to forfeit substantial assets, including $2.045 million, several properties, and share certificates. This order follows allegations that the assets were acquired through questionable financial activities. Justice Deinde Dipeolu of the Federal High Court ruled […]
Ex-CBN Deputy Governor Claims Emefiele Ignored Procedures for Currency Redesign
The trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele has brought significant attention to the governance and accountability within Nigeria’s financial system. As the trial progresses, key testimonies reveal potential misconduct during the controversial currency redesign process. Godwin Emefiele, who served as the Governor of the CBN from 2014 until his suspension […]
Court Orders Emefiele to Forfeit $1.4M Bribery Proceeds
The Economic and Financial Crimes Commission (EFCC) successfully obtained a final court order on Tuesday for the forfeiture of $1.4 million, which were proceeds of bribery involving Godwin Emefiele, the former Central Bank of Nigeria (CBN) Governor. Previously, on May 29, 2014, the EFCC secured an interim order to temporarily seize the money. The judge […]