The Economic and Financial Crimes Commission (EFCC) has urged Justice Rahman Oshodi of the Lagos State Special Offences Court, Ikeja, to dismiss a jurisdictional challenge filed by the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Representing the EFCC, Rotimi Oyedepo (SAN) described the application as a deliberate tactic to delay the … Read more
By Tunde Odesola Four eyes lock in combat. Two belong to a snake. The other two belong to a former President, whose lipless mouth, pointed nose and slit eyes are snakelike, too. In a swift reversal of roles, the hunter has become the hunted, both locked in the ultimate battle. EDITOR’S PICKS Japa: Russia Opens … Read more
The Economic and Financial Crimes Commission (EFCC) has implicated former Central Bank of Nigeria (CBN) Governor Godwin Emefiele in the ownership of a massive estate comprising 753 duplexes and apartments in Abuja’s Cadastral Zone. EKO HOT BLOG reports that this revelation was detailed in court documents obtained by Punch on Tuesday. According to the EFCC, … Read more
President Bola Tinubu has reiterated his commitment to the Tax Reform Bill currently under consideration in the National Assembly, firmly rejecting the National Economic Council’s (NEC) request to withdraw the bill for additional consultations. The NEC, led by Vice President Kashim Shettima and composed of the 36 state governors, had advised the President to pause … Read more
The Federal High Court in Lagos on Friday ordered the final forfeiture of $2.045 million, seven premium properties, and share certificates linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to the Federal Government. Justice Deinde Dipeolu issued the ruling after no opposition was presented by Emefiele or any other claimants following the … Read more
Justice Mary Anenih of the High Court of the Federal Capital Territory has instructed the Economic and Financial Crimes Commission (EFCC) to present two witnesses virtually in the trial of former Central Bank Governor Godwin Emefiele. In a ruling on Friday, Justice Anenih approved the EFCC’s application, allowing the agency to field witnesses who are … Read more
An erstwhile Deputy Governor of the Central Bank of Nigeria, CBN, Edward Adamu, on Wednesday told the Federal Capital Territory High Court Abuja that a former Governor of the Bank, Godwin Emefiele did not follow laid down procedure in the process that led to the redesign of some notes of the Nigerian currency. Adamu, who … Read more
The Economic and Financial Crimes Commission (EFCC) informed a federal high court in Lagos that no individual has come forward to claim the $2.045 million linked to Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN). Rotimi Oyedepo, EFCC counsel, made the statement on Thursday before the presiding judge, Deinde Dipeolu. The … Read more
The Federal High Court in Lagos has scheduled September 12 for a hearing on various applications related to the asset forfeiture case involving former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Justice Deinde Dipeolu announced the date after reviewing submissions from the involved parties. During the hearing, Bilikisu Buhari-Bala, representing the Economic and Financial … Read more
The Economic and Financial Crimes Commission (EFCC) has firmly denied accusations that it distributed ₦54 billion in forfeited assets, previously held by former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, among its officials, ministers, and aides of President Bola Tinubu. EDITOR’S PICKS #Endbadgovernance: Organizers Plan Another Protests In October Abia Reps Member Defends Kalu … Read more
The Lagos federal high court has ordered the interim forfeiture of $2.045 million, seven landed properties, and shares linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Akintayo Aluko, the presiding judge, made the order on Thursday after an application filed by Rotimi Oyedepo, a senior advocate of Nigeria (SAN), … Read more
EFCC contests former CBN Governor Godwin Emefiele’s application to release his passport for a medical trip to the UK, citing insufficient medical justification and potential bail violation. the Economic and Financial Crimes Commission (EFCC) has contested former Central Bank of Nigeria (CBN) Governor Godwin Emefiele’s application to release his passport for a medical trip to … Read more
A Federal Capital Territory High Court in Maitama has set October 21 for the next phase of the trial of former CBN Governor Godwin Emefiele, following the testimony of a key witness and the submission of crucial documents. Eko Hot Blog reports that a Federal Capital Territory High Court in Maitama has scheduled October 21 for the … Read more
Senator Isah Jibrin confirmed that the Senate’s investigation into the ₦30 trillion Ways and Means loans from the CBN is ongoing, dispelling rumors of abandonment. Senator Isah Jibrin, Chair of the Senate committee investigating the ₦30 trillion Ways and Means loans obtained by the Federal Government from the Godwin Emefiele-led Central Bank of Nigeria (CBN), … Read more
Emefiele faces charges including procurement fraud, unauthorized redesign of naira notes, and forgery of ex-President Buhari’s signature. High Court orders interim forfeiture of $1,426,175.14 linked to Godwin Emefiele. EFCC instructed to publish the order in a national newspaper; interested parties given 14 days to appear. EKO HOT BLOG reports that the Federal High Court in Lagos … Read more
Emefiele Loses $4.7m, N830.8m, Properties To FG The order was issued by Justice Yellim Bogoro after an ex-parte application by the EFCC. The forfeited properties include various buildings, warehouses, and plots of land in Lagos. EKO HOT BLOG reports that Justice Yellim Bogoro of the Federal High Court sitting in Lagos has ordered a temporary forfeiture … Read more
CBN Officials To Be Barred From Partisan Politics As National Assembly Proposes Amendment Spearheaded by former lawmaker Darlington Nwokocha, amendment seeks to bar CBN officials from political activities for three years post-service Response to concerns after former CBN governor Godwin Emefiele’s involvement in 2023 presidential election sparks tension, coincides with controversies over redesigned naira. EKO … Read more
Emefiele’s Legal Fight Deepens: EFCC Reveals New Proof. He faces charges of abuse of office and fraud. EFCC presents more evidence through a witness from Zenith Bank. EKO HOT BLOG reports that the trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele proceeded on Thursday, with the Economic and Financial Crimes Commission (EFCC) presenting … Read more
Middle Belt Youths Forum slams Akpabio for criticizing Emefiele Accuses Senate President of patronizing executive, seeking favors Defends Emefiele’s handling of naira, calls out Akpabio’s alleged corruption Eko Hot Blog reports that the Middle Belt Youths Forum (MBYF) has come out swinging against Senate President Godswill Akpabio for his recent comments demonizing former CBN Governor … Read more
Eko Hot Blog reports that the Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, at the High Court of the Federal Capital Territory. The new charge accused Emefiele of approving the printing of N684,590,000 at a rate of N18.96 billion, among other … Read more