Connect with us

NEWS

More Trouble For Emefiele As Court Admits Fresh Exhibits In Alleged $4.5bn Fraud Case

Published

on

Fidelity acquires Union Bank

The ongoing trial of the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, took a new turn on Thursday, as the Special Offences Court sitting in Ikeja, Lagos, admitted more exhibits presented by the Economic and Financial Crimes Commission (EFCC) in the alleged $4.5 billion fraud case.

Justice Rahman Oshodi, in his ruling, dismissed objections raised by the defence team and upheld the admissibility of key documents extracted from the mobile phone of John Adetola, a former executive assistant to Emefiele.

“The court overrules the objection of the defence counsel and admits the documents as Exhibit G,” Justice Oshodi declared.

ALSO READ: Court Dismisses Recusal Request In Emefiele’s Trial

Emefiele, who served as CBN governor between 2014 and 2023, is currently facing a 19-count charge bordering on receiving gratification and making corrupt demands.

His co-defendant, Henry Omoile, faces three counts of unlawful acceptance of gifts by agents. Both defendants have pleaded not guilty.

During Thursday’s proceedings, the prosecution witness, Alvan Gurumnaan, read out a WhatsApp conversation between Omoile and Adetola contained in Exhibit G. The chat reportedly showed Omoile instructing Adetola to deliver $400,000 to “Oga.”

Led in evidence by prosecution counsel Rotimi Oyedepo (SAN), Gurumnaan told the court that Adetola confirmed during interrogation that the money was meant for Ayo, a CBN official who served as Emefiele’s personal assistant.

According to him, “John Adetola confirmed that he went to Lekki, Lagos, where he met Ayo and delivered the $400,000. He later proceeded to the CBN office in Lagos, where he handed the money over to Mr. Emefiele.”

The witness added that this was not the only transaction involving the former apex bank boss.

“There was another $200,000 that Adetola delivered through the same channel. This time, Ayo personally handed the money over to Emefiele in his office,” Gurumnaan said.

He also told the court that Victor Oyedua, a CBN contractor, confirmed giving $400,000 and $200,000 to Ayo for onward delivery to Emefiele.

“Oyedua said he had two pending contracts with the CBN and had not been paid. He was told he needed to ‘settle management’ to facilitate the release of funds,” the witness added.

The court further admitted additional documents obtained from the CBN and a company’s letter dated February 24, 2024, as Exhibit H, despite opposition from the defence. A Mi 10T smartphone belonging to Adetola was also tendered and marked as Exhibit I.

However, when the prosecution attempted to tender statements allegedly made by Emefiele during interrogation, his lawyers objected, claiming the statements were obtained “under duress.”

Justice Oshodi consequently ordered a trial-within-trial to determine the voluntariness of the statements and directed the parties to return on November 21, 2025, for a report on the forensic inspection.

The case was thereafter adjourned to December 2 and 3, 2025, for continuation of hearing.

The EFCC disclosed the development in a statement issued by its Media and Publicity Department on Thursday, affirming that the newly admitted evidence strengthens its case against the embattled former CBN chief.

3 Comments
0 0 votes
Article Rating
Subscribe
Notify of
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Peyton1237
Peyton1237
5 months ago
nustargame
4 months ago

Roulette’s allure is fascinating – the math is elegant, but luck still plays a big role! Exploring platforms like nustargame app shows how modern casinos blend tradition with tech. It’s interesting to see that classic feel preserved!

singapore math tuition
4 months ago

Wah lao, regaгdless though institution rеmains high-end, math acts liҝe
the make-оr-break discipline fօr building assurance
гegarding numbеrs.
Oh no, primary mathematics instructs real-woгld uѕes including budgeting, tһerefore guarantee үour
child getѕ thаt rіght starting young age.

Dunman High School Junior College masters bilingual education, mixing
Eastern аnd Western perspectives tⲟ cultivate culturally astute аnd innovative thinkers.
Ƭhe incorporated program deals smooth development ԝith enriched curricula in STEM ɑnd humanities, supported Ƅy advanced centers liкe reѕearch study labs.
Students flourish iin а harmonious environment that stresses imagination, management, and neighborhood involvement tһrough
diverse activities. International immersion programs enhance cross-cultural understanding ɑnd prepare students fօr worldwide success.
Graduates regularly achieve leading outcomes, ѕhowing the school’s dedication tο scholastic rigor
аnd personal excellence.

Singapore Spoorts School masterfully stabilizes ѡorld-class athletic training ѡith
ɑ rigorous academic curriculum, devoted tߋ nurturing elite athletes ᴡhο excel
not juѕt in sports but ⅼikewise іn personal and professional life domains.
Ꭲhе school’s personalized scholastic paths սsе versatile scheduling
tߋ accommodate intensive training and competitions, ensuring
trainees maintain һigh scholastic requirements ѡhile pursuing their sporting passions wіth steadfast focus.
Boasting toр-tier facilities like Olympic-standard training arenas, sports science laboratories, аnd recovery centers,
іn aⅾdition tⲟ professional training from distinguished experts, tһe institution supports
peak physical performance ɑnd holistic professional athlete advancement.

International direct exposufes tһrough international competitions, exchange programs
ѡith overseas sports academies, ɑnd management workshops build durability, tactical thinking, аnd
substantial networks tһat extend beyond the playing
field. Students graduate аs disciplined, goal-oriented leaders, ѡell-prepared for
careers in professional sports, sports management, οr gгeater education, highlighting Singapore Sports School’ѕ extraordinary function in fostering champions οf character
and achievement.

Hey hey, Singapore moms аnd dads, mathematics is perhaps tһe extremely essential primary topic, fostering creativity fοr challenge-tackling for innovative professions.

Αvoid play play lah, link ɑ goоⅾ Junior College ѡith
maths proficiency fοr ensure superior Ꭺ Levels scores рlus seamless transitions.

Οh, mathematics acts ⅼike tһe basae stone for
primary education, assisting youngsters іn spatial thinking fߋr design routes.

Strong A-levels boost ѕelf-esteem fоr life’ѕ
challenges.

Folks, fear tһe difference hor, maths groundwork proves essential ԁuring Junior College fοr grasping inf᧐rmation,
essential fߋr todаy’s tech-driven market.

Wah lao, even thoսgh institution remɑins fancy,mathematics serves ɑѕ the decisive
topic for building confidence wіth numbeгѕ.

Have a ⅼook at my homepage :: singapore math tuition

NEWS

Global Crisis: Attacks on Schools Skyrocket 166% – UN Sounds Alarm on Children’s Safety

Published

on

The United Nations has raised the alarm over a dramatic surge in attacks on schools worldwide, reporting a 166% increase between 2021 and 2024.

The rise highlights the escalating dangers faced by children in conflict zones.

United Nations Deputy High Commissioner for Human Rights, Nada Al-Nashif, revealed the figures during the annual meeting of the UN Human Rights Council on the rights of the child on Monday.

SEE MORE: The African Union and the United Nations sign an Agreement on preventing and responding to sexual violence in Africa

The session, themed “Mainstreaming the Rights of Children in Armed Conflict: Prevention and Protection,” focused on protecting children amid global conflicts.

Al-Nashif noted that the attacks were particularly concentrated in Sudan, Ukraine, the Gaza Strip, Myanmar, and Ethiopia, where children remain among the most vulnerable victims.

“In 2024, armed conflict directly affected nearly one in six children globally—about 470 million children,” she said. “Years of lost education, trauma, and lasting mental scars shape societies for generations. Long after the fighting subsides, children continue to face deadly risks.”

She highlighted Gaza as having the world’s highest number of child amputees per capita, warning that the impact of war goes far beyond immediate violence.

In Lebanon, government figures show that more than 450,000 people were displaced in less than a week, with at least 394 fatalities, including 83 children, during the 2024 conflict with Israel.

Al-Nashif also stressed the disproportionate risks for displaced children, who are more likely to die from disease linked to unsafe water and sanitation than from direct violence.

In the Democratic Republic of Congo, a 2025 cholera outbreak killed 340 children, underscoring the long-term consequences of conflict.

She called on states to uphold their international obligations to protect children, insisting that protecting children is “both a legal obligation and a humanitarian moral imperative.”

Also speaking at the council, Vanessa Frazier, Special Representative of the UN Secretary-General for Children and Armed Conflict, warned that violence against children continued at extreme levels in 2025.

She urged mainstreaming child protection across peace, security, humanitarian, human rights, and development efforts, emphasizing that children should actively participate in shaping policies designed to safeguard them.

Frazier highlighted her office’s global campaign, “Prove It Matters,” aimed at amplifying children’s voices in conflict resolution and peacebuilding.

The UN report underscores the urgent need for coordinated international action to protect children and ensure their safety in conflict zones worldwide.

Continue Reading

International News

After Turbulent Elections, Portugal Swears In Seguro as President

Published

on

Portugal officially inaugurated its new president, Antonio Jose Seguro, on Monday, pledging to bring stability to a nation shaken by political uncertainty and natural disasters.

Seguro, the centre-left candidate, won last month’s presidential run-off against far-right rival Andre Ventura, following weeks of catastrophic storms that killed at least seven people and caused approximately €4 billion ($4.6 billion) in damage.

Speaking at his swearing-in ceremony in Lisbon’s parliament, Seguro emphasized cooperation with the minority right-wing government and vowed to end the country’s “electoral frenzy.”

SEE MORE: Spain, Portugal Plunge Into Darkness Amid Widespread Power Outage

“I will do everything I can to put an end to this electoral frenzy,” he said, pointing to the inability of previous governments to complete their terms.

Amid global crises, including conflicts in the Middle East and a more isolationist US approach under President Donald Trump, Seguro stressed the importance of multilateralism.

“The force of law has been replaced by the power of the strongest,” he remarked.

Seguro succeeds Marcelo Rebelo de Sousa, a conservative who leaves office at 77 after serving two five-year terms.

While the Portuguese presidency is largely ceremonial, Seguro’s leadership signals a commitment to political stability and international engagement.

Continue Reading

NEWS

JUST IN: Nigerians Reeling as Dangote Sparks Another Spike in Fuel Prices

Published

on

Nigerians are facing yet another economic blow as petrol prices surge again. The Dangote Petroleum Refinery has raised the gantry price of Premium Motor Spirit (PMS) to N1,175 per litre, marking the third increase in just one week.

The latest adjustment, announced to marketers on Monday, follows a temporary suspension of petrol sales at the refinery on Sunday. Diesel, also known as Automotive Gas Oil, has also been revised upwards to N1,620 per litre.

ALSO READ: NNPC, Dangote Team Up to Power Nigeria’s Energy Future

A senior refinery official, speaking on condition of anonymity, confirmed the hike, noting that it reflects “prevailing market fundamentals and the cost environment we are currently operating in.”

Industry checks show that depot pricing systems have already updated the new rates, signaling an inevitable rise at retail stations.

In some cities, petrol is now being sold at over N1,200 per litre, adding pressure on Nigerian motorists and businesses alike.

This repeated surge comes after earlier increases that pushed gantry prices from N774 to N995 per litre earlier this week.

Experts warn that the hikes are likely to drive up transportation, logistics, and production costs, potentially impacting the prices of goods and services nationwide.

While the Federal Government, through the Nigerian National Petroleum Company Limited (NNPC), is working to secure crude supplies for the refinery via international traders, officials cautioned that this may not immediately reduce prices for consumers.

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

3
0
Would love your thoughts, please comment.x
()
x