The Supreme Court has overturned a Court of Appeal judgment that nullified the forfeiture of seven high-value properties linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, restoring the Federal High Court's order that permanently transferred the assets to the Federal Government. In a unanimous judgment delivered on Friday, a five-member panel of …
A Prosecution witness in the trial of Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), has told the Federal Capital Territory (FCT) High Court in Abuja that $6.23 million was withdrawn from the apex bank using forged documents. Bashirudden Maishanu, an assistant director at the CBN and the 11th prosecution witness, gave …
Fresh controversy has trailed the detention of former Minister of Labour and Employment, Dr Chris Ngige, as the Economic and Financial Crimes Commission (EFCC) continues its sweeping probe of key officials who served under the administration of the late former President Muhammadu Buhari. Initial reports on Wednesday suggested that Ngige had been abducted, sparking public …
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that under his leadership, the Commission has made unprecedented progress in the fight against economic and financial crimes in the last two years by recovering over N566 billion alongside other foreign currencies and assets. He made this disclosure in Abuja on Thursday, …
