Court Admits Emefiele’s Statements in Alleged $4.5bn Fraud Trial

Court Admits Emefiele’s Statements in Alleged $4.5bn Fraud Trial

A Lagos State Special Offences Court has admitted the extrajudicial statements of Godwin Emefiele as valid exhibits in his ongoing corruption trial. Justice Rahman Oshodi rejected defence arguments that anti-graft investigators extracted the documents under physical duress or procedural irregularities. The former Governor of the Central Bank of Nigeria faces a 26-count charge detailing an…

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Naira Redesign: EFCC Witness Reveals Bank Hoarding During Naira Crisis.

ABUJA — An investigator with the Economic and Financial Crimes Commission (EFCC) has officially linked commercial banks to the currency crisis of 2022. Testifying before the FCT High Court on Tuesday, Chinedu Eneanya confirmed that various banks hoarded newly redesigned notes. This institutional infraction reportedly intensified the severe cash scarcity that crippled businesses and households…

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