Skip to content
September 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Why EFCC declared Emefiele’s wife, Margaret, 3 others wanted
  • Business & Economy

Why EFCC declared Emefiele’s wife, Margaret, 3 others wanted

Admin February 10, 2024

EFCC banner

EFCC banner

The Economic and Financial Crimes Commission has declared Margaret Emefiele, wife of ex-Governor of the Central Bank of Nigeria, Godwin Emefiele, and three others, wanted for money laundering.

Mrs Emefiele, Mr Eric Odoh, Anita Omoile and her husband, Jonathan Omoile, were declared wanted Friday night for allegedly conspiring with the former CBN Governor “to convert huge sums of money belonging to the Federal Government of Nigeria and committed felony to wit: obtaining money by false pretences, and stealing, contrary to and punishable under Sections 411, 287, and 314 of the Criminal Law of Lagos State.”

Eric Odoh was a trusted aide of Emefiele believed to be his main go-to man. He is believed to have escaped to Canada in the wake of the travails of his former boss.

Details of their alleged money laundering offences were published by the EFCC in a mugshot portrait of the four suspects late Friday night.

The document read, “Emefiele, Odoh, Mr and Mrs Omoile, wanted by the EFCC. The quartet of Eric Odoh, Margaret Emefiele, Anita Omoile and Jonathan Omoile, are wanted by the EFCC for offences bothering on economic and financial crimes. Any information on their whereabout? Please contact the nearest EFCC Command or the nearest police Station,.”

An EFCC document entitled “Arrests and Recoveries,” which was earlier exclusively obtained by Punch correspondent, revealed that the former CBN Governor, Emefiele, is being prosecuted by the EFCC for ₦ 1.8bn and $6.2m fraud.

Meanwhile, the Federal Government has for the third time amended the criminal charges it filed against Emefiele.

In the latest amended charge taken before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja on Thursday, the EFCC accused Emefiele of impersonating the Secretary to the Government of the Federation to illegally obtain $6.2m.

According to the amended charge marked CR/577/2023, Emefiele, on February 8, 2023, connived with one Odoh Ocheme, who is now on the run, to obtain $6.2m from the CBN, claiming that it was requested by the SGF “vide a letter dated 26th January 2023 with Ref No. SGF.43/L.01/201.”

According to the EFCC, Emefiele allegedly claimed that the SGF requested the CBN to release “a contingent logistic advance in the sum of $6,230,000.00 in line with Mr. President’s directive.”

The EFCC said Emefiele made the claim despite knowing that it was false, “and you thereby committed an offence contrary to Section 1(1) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and punishable under Section 1(3) of the same Act.”

EFCC alleged that Emefiele, in January 2023, forged a document titled: “Re: Presidential.directive on foreign election observers mission”dated January 26, 2023 with Ref No. SGF.43/L.01/201.

He said to have allegedly connived with the fleeing Ocheme to commit the “illegal act to wit: forgery.”

Furthermore, Emefiele was accused of conferring corrupt advantage on his wife, Omoile Margret, and brother In-law, Omoile Macombo, by allegedly awarding a contract for the renovation of a portion of the CBN Governor’s residence in Lagos to the tune of N99.8m.

The anti-graft agency alleged that the contract for the renovation of the CBN Governor’s lodge, located at No. 2 Glover Road, Ikoyi, Lagos, was awarded to a company named Messrs. Architekon Nigeria Limited, “wherein the duo are directors and majority shareholders.”

The EFCC said Emefiele’s alleged action was a violation of Section 19 of the Corrupt Practices and Other Related Offences Act 2000.

The amended charge sheet contains a total of 20 counts against Emefiele.

The judge adjourned till Friday for Emefiele to take his plea on the amended charges.

In the original charge filed against him in August 2023, Emefiele was accused of perpetrating procurement fraud to the tune of N6.5bn.

He was then charged alongside a female CBN employee, Sa’adatu Yaro, and her company, April 1616 Investment.

The EFCC later amended the charge by reducing the counts to six, removing the names of Yaro and April 1616 Investment, and reducing the quantum of the alleged procurement fraud to N1.2bn.

Emefiele was arraigned on the second charge on November 29, 2023, and he pleaded not guilty.

-Punch

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: CBN EFCC Eric Odoh Ocheme Godwin emefiele Jonathan Omoile Margaret Emefiele money laundering.

Post navigation

Previous Jigawa residents shun NIN enrolment; coordinator cries out
Next ECOWAS’ Existential Blues, by Monday Philips Ekpe

Related Stories

NLNG proposes new model for global gas industry: Make methane reduction a business priority
  • Business & Economy

NLNG proposes new model for global gas industry: Make methane reduction a business priority

September 16, 2026
Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high reserves crude oil
  • Business & Economy
  • International News

Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high

September 16, 2026
Dangote profits from Europe fuel crunch as IPO tests investor appetite
  • Business & Economy

Dangote profits from Europe fuel crunch as IPO tests investor appetite

September 15, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

FG Rules Out Fee Hike, Job Losses in King’s College Management Deal
  • National News

FG Rules Out Fee Hike, Job Losses in King’s College Management Deal

September 16, 2026
Beyond Coverage: Device Costs Emerge As Main Barrier to Nigeria’s Internet Growth, AI Adoption 
  • Special Reports

Beyond Coverage: Device Costs Emerge As Main Barrier to Nigeria’s Internet Growth, AI Adoption 

September 16, 2026
Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi
  • National News

Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi

September 16, 2026
FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit
  • National News

FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit

September 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.