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Zenith Bank Manager Testifies in Emefiele Trial Over Alleged Financial Transactions

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cc: Emefiele

Mrs. Ifeoma Ogbonnaya, an Assistant Manager at Zenith Bank Plc, testified in the Ikeja Special Offences Court about alleged financial irregularities involving former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and his wife, Margaret Emefiele. She detailed how funds were purportedly transferred through Zenith Bank to companies linked to Mrs. Emefiele, including Amswing Resources and Solution, Limelight Dimensional Service Ltd., Omec Support Service Ltd., and Mango Farm. Ogbonnaya, who joined Zenith Bank in 2006 and serves as a Business Relationship Manager, stated that she received instructions from Mrs. Emefiele and others associated with her to facilitate these transactions.

According to Ogbonnaya, the transactions involved significant sums, such as ₦18.9 million and ₦1.8 million in March 2015, and subsequent flows including ₦43 million in February 2021, ₦37.3 million in July 2022, ₦44.6 million in October 2022, and ₦93.1 million in May 2023, among others. She testified that all transactions underwent verification and approval by Mrs. Emefiele before processing, often communicated through email, phone calls, and WhatsApp.

The prosecution presented documents supporting these claims, which were admitted into evidence without objection from the defense. Emefiele, who faces charges related to abuse of office and financial misconduct during his tenure at the CBN, has pleaded not guilty. The trial is set to continue on July 10, following procedural discussions in court.


 

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NYSC Corp Member Finds Ally in Omoyele Sowore Amidst Government Backlash

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Nigerian Politician and Human Rights Activist, Omoyele Sowore shows up to defend and support the NYSC corp member that has been threatened.

It can be recalled that a viral video has made its way to the country. A young lady who is serving the country laments about the government and President.

The viral video also gained the attention of NYSC, resulting to messaging the corp member. The message ordered the removal of the video and for the lady to report the office on 17th of March, 2025.

However fellow Nigerians and activists have spoken out and called to defend the Corp member against any official threat.

It was reported that Sowore arrived to the local government of the corp member to showcase support in handling the case.

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Sowore and Lawyers Back NYSC Member Raye After Viral Tinubu Criticism

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Omoyele Sowore and some activists, including lawyers, accompanied Ushie Uguamaye, a Lagos-based National Youth Service Corps (NYSC) member known as Raye, to meet with her Local Government Inspector (LGI) after she was summoned over a viral video.

Raye recently gained attention after she criticized President Bola Tinubu’s administration in a TikTok video posted under her handle #talktoraye. In the video, she expressed frustration over Nigeria’s worsening economic situation and blamed Tinubu for the country’s struggles, even calling him a “terrible leader.”

Shortly after her comments went viral, Raye claimed that NYSC officials had started threatening her. As a result, she was called to appear at the LGI’s office on Monday for questioning.

On Monday, Sowore, alongside several lawyers, including Festus Ogun, Yinka Oyesomi, and Justice Ojienoh, accompanied Raye to the office to support her. However, according to Sowore, the NYSC officials were nowhere to be found. He shared on his X handle that the LGI failed to show up despite Raye being scheduled to appear.


 

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Peter Obi Backs NYSC Member After Alleged Threats Over Hardship Complaints

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In a recent development, former Anambra State Governor and 2023 Labour Party presidential candidate, Peter Obi, has voiced strong support for National Youth Service Corps (NYSC) member Ushie Rita Uguamaye, also known as Raye.

Raye recently gained attention after posting a TikTok video expressing her frustrations over the rising cost of living in Nigeria. In the video, she tearfully stated the increasing prices of goods and services, questioning the current administration’s efforts to address these economic challenges.

Following the video’s circulation, Raye alleged that she received threats from NYSC officials, pressuring her to remove the content and cautioning her against making political statements online.

Peter Obi took to his official X (formerly Twitter) account to condemn these alleged threats, stating that such actions are antithetical to the principles of democracy. He emphasized that silencing citizens reflects a corrupt and undemocratic government.

Obi also shared his personal experiences of facing intimidation and harassment for offering constructive criticism of government policies.

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Obi called on the current administration to reflect deeply on its approach to dissent, underscoring that constructive criticism is a cornerstone of democratic progress.

He urged Nigerians to stand firm and continue advocating for a nation where freedom of speech is upheld, and leadership remains accountable, especially in critical areas like education, healthcare, and poverty alleviation.


 

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