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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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Viral Video Sparks Outrage as Delta Police Officer Shoots Restrained Suspect

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A viral clip has made its way online showing a police officer in Delta State shooting a suspect who had already been restrained.

It can be noted that the suspect was pleading, claiming he had been framed and deceived, and said he would lead them to the right place.

However, while he was pleading, the police officer shot him. The officer later stated that the suspect was armed with a gun.

It was later revealed that the police officer has been arrested, as it is against the law to shoot a restrained suspect.


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24 Children Abducted from Orphanage in Kogi State

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It was reported by the Kogi State Government that 24 children were abducted from an orphanage home. It was shared that this happened on the 26th of April, Sunday, and gunmen were seen in the area that day.

The information was shared by the Commissioner of Information, Kingsley Fanwo, who shared this sad news and described it as unfortunate.

“We condemn in strong terms the abduction of innocent children from an orphanage, the government is working closely with security operatives to ensure their safe return,”


 

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Afia Schwarzenegger Reacts to Xenophobia in South Africa

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Ghanaian media personality Afia Schwarzenegger speaks on the xenophobia issues occurring around Africans in South Africa.

She stated that Ghana is not the same as Nigeria and shared that if such issues happen to Ghanaians in South Africa, they will speak up and not keep quiet. She added that they will react.

“Ghana is not like Nigeria and we won’t hesitate to return the stupid favour.”


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