Connect with us

News

Court Confirms Jurisdiction for Emefiele’s Fraud Case Over Billions of Dollars

Published

on

Photo source: Google

The Lagos State Special Offences Court has rejected an application filed by Godwin Emefiele, the former governor of the Central Bank of Nigeria, challenging the court’s authority to handle the fraud charges brought against him.

The Economic and Financial Crimes Commission (EFCC) is accusing Emefiele and his co-defendant, Henry Omoile, of misappropriating $4.5 billion and N2.8 billion.

In his ruling, Justice Rahman Oshodi confirmed the court’s jurisdiction to proceed with the case.

However, he dismissed four out of the 26 charges due to a lack of jurisdiction.

Addressing the territorial jurisdiction issue raised in some counts, the judge stated, “The objection to the court’s territorial jurisdiction over counts eight to 26 is dismissed.

Advertisement

The prosecution has shown a sufficient link to Lagos in this matter.”

The case has been adjourned to February 24, 2025, for the continuation of trial.


 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture

Published

on


The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.

She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”

“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”


Continue Reading

News

Peter Obi Criticises President Tinubu’s Statement on Hunger

Published

on


Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.

It can be noted that the President recently stated that hunger has always existed in Nigeria.

Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”

“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”


Continue Reading

News

Nigerian Army Launches New IED Training Programme

Published

on


Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).

The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.

It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”


Continue Reading

Trending