An ex-Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Obiora has said there was no time the board of the bank recommended the 2022 nara redesign to then President Muhammadu Buhari. Obiora, who said he once served as a Special Adviser on Economic Matter to a former Governor of the CBN, Godwin Emefiele,…
The Federal High Court in Lagos State has ruled for the final forfeiture of significant assets belonging to former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, directing that a cash sum of $2.045 million and eight prime properties located in Lagos and Delta states be surrendered to the Nigerian government. In a judgment delivered…
An Ikeja Special Offences Court has heard how former Governor of Central Bank of Nigeria (CBN) Godwin Emefiele instructed his former dispatch rider not to formally acknowledge over $3millon received on his behalf. Monday Osasuwa, who was first prosecution witness (PW1), disclosed this on Monday under examination by Olalekan Ojo (SAN), counsel to Emefiele before…
A Federal High Court in Lagos has ordered the interim forfeiture of $2.04m and seven property connected to a former- Central Bank of Nigeria Governor, Godwin Emefiele. Justice Akintayo Aluko made the order on Thurday following an application by the Economic and Financial Crimes Commission, which is investigating alleged fraudulent activities linked to Emefiele. The…