US EditionNigeria: Another Witness Testifies On $6.23m Withdrawal From CBN for Phoney 2023 Election Monitoring Exercise
EFCC witness says five CBN officers signed the memo, and investigators found forged signatures on documents used to withdraw $6.23 million.
- On Tuesday, the trial of former Central Bank of Nigeria Governor Godwin Emefiele faced potential foreclosure after prosecution counsel failed to confirm witness availability for final proceedings.
- Prosecutors allege Emefiele orchestrated a fraudulent $6.23 million payout from the CBN vault in 2023 under the guise of funding foreign election observers, charges he vehemently denies.
- Testifying Monday, Chinedu Eneanya, the 13th prosecution witness, told the court that signatures of former President Muhammadu Buhari and former Secretary to the Government of the Federation Boss Mustapha were forged to authorize the withdrawal.
- Citing the failure to subpoena witnesses, defense counsel Matthew Burkaa applied to the court to foreclose the case, while prosecution counsel Rotimi Oyedepo opposed shutting the proceedings.
- Forensic examination failed to verify Emefiele's signature, and five CBN officers who signed internal memos remain suspended rather than on trial, as Justice Hamza Muazu directed prosecution to secure subpoenas.
21 Articles
21 Articles
Emefiele: Suspects confessed to $6.23m fraud, witness tells court
In the ongoing Emefiele fraud trial, a witness reveals suspects confessed to the fraudulent withdrawal of $6.23m from the Central Bank of Nigeria. Read More: https://punchng.com/emefiele-suspects-confessed-to-6-23m-fraud-witness-tells-court/
Nigeria: Another Witness Testifies On $6.23m Withdrawal From CBN for Phoney 2023 Election Monitoring Exercise
The EFCC interviewed those linked to the withdrawal of the funds, the witness said, adding that documents authenticating the release of the funds were recovered from the CBN.
$6bn Mambilla Fraud Trial: Witness says disputed FEC minutes came from SGF’s office
Monday’s testimony adds to a series of contested claims that have emerged during the trial over the validity of the Mambilla contract and whether it received FEC approval. The post $6bn Mambilla Fraud Trial: Witness says disputed FEC minutes came from SGF’s office appeared first on Premium Times Nigeria.
EFCC Drags Emefiele To Court Over $6.23m Election Observers' payment
By Oscar Okhifo, The Economic and Financial Crimes Commission (EFCC) on Tuesday told the Federal High Court in Abuja that former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, authorised a $6.23 million payment to foreign election observers, describing the transaction as fraudulent and carried out without due process. The allegation was made during the ongoing trial in which the anti-graft agency is prosecuting Emefiele over alleged f…
Emefiele approved $6.23m payment to foreign election observers, Police Commissioner confirms
Commissioner of Police, Eloho E. Ekpoziakpho, testified before the Federal Capital Territory (FCT) High Court in Maitama, Abuja, confirming that former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, approved the fraudulent withdrawal of $6.23 million from the CBN.
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