Skip to content
October 22, 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
  • Breaking News
  • Just in: Court remands Emefiele for alleged abuse of office, $4.5bn, N2.8bn
  • Breaking News

Just in: Court remands Emefiele for alleged abuse of office, $4.5bn, N2.8bn

Admin April 8, 2024

Godwin Emefiele

Godwin Emefiele
Justice Rahman Oshodi of the Ikeja Special Offences Court on Monday remanded former Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, for alleged abuse of office.

Oshodi remanded Emefiele in the EFCC custody  while his co-defendant, Henry Isioma-Omoile, was remanded in Ikoyi Custodial Centre where he is currently held pending the determination of their bail application on April 11.
The defendants counsel, Mr A. Labi-Lawal, had in his two bail application urged the court to grant the defendants bail on self recognition and on liberal terms pending the determination on the case.
Labi-Lawal, in his 31 affidavits, said the first  defendant (Emefiele) had complied with the bail application which was given to him by Justice Muazu in his alleged fraud trial case going on in Abuja.
He said the charges were bailable offences and not a capital offence.
“Though the first defendant was granted administrative bail by the prosecuting authority.
“He is seeking for bail based on self recognition and he is ready to attend the court.
“The court should also take into consideration, the status of the first defendant as he was the former CBN governor of the country,” he said.
The defence counsel said his client  had religiously presented himself before Justice Muazu in Abuja to answer the allegations before him.
According to him, the first defendant was not at flight risk, as he was the first person to arrive in court.
He also prayed the court to release Emefiele to lawyer, pending the determination of the  bail.
Emefiele and his co-defendant pleaded not guilty to the 26-count charge bordering on abuse of office, accepting gratification, accepting gifts through agents, corruption, and fraudulent property receipt.
The defendants, however, pleaded not guilty, following their arraignment.
The EFCC counsel, Mr Rotimi Oyedepo (SAN), did not oppose the bail application moved by the defence counsel.
Oyedepo, however, urged the court to exercise its discretion judiciously in granting bail to the  defendants.
The prosecution had asked the court for a trial date, following the plea of the defendants.(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Custody EFCC Godwin emefiele Justice Rahman Oshodi

Post navigation

Previous Edo 2024: Another group endorses Ighodalo, running mate
Next Okuama Killings: A Governor’s Sympathy Cry, by Felix Ofou 

Related Stories

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement Senate passes Finance Bill
  • Breaking News

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement

October 20, 2026
AfDB invests $750,000 to support women entrepreneurs in Nigeria Africa
  • Breaking News

AfDB invests $750,000 to support women entrepreneurs in Nigeria

October 16, 2026
NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%
  • Breaking News

NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%

October 13, 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

Kwankwaso @70: Our partnership will rescue Nigeria – Obi Kwankwaso and Peter Obi
  • Society

Kwankwaso @70: Our partnership will rescue Nigeria – Obi

October 21, 2026
FRSC Bars Personnel, Patrol Vehicles from Political Escorts Ahead of 2027 Elections vehicular movement
  • National News

FRSC Bars Personnel, Patrol Vehicles from Political Escorts Ahead of 2027 Elections

October 21, 2026
COWA plants 14,882 trees, mobilises 682 Green Ambassadors in first year of Green Borders Initiative 
  • National News

COWA plants 14,882 trees, mobilises 682 Green Ambassadors in first year of Green Borders Initiative 

October 21, 2026
Police chief arraigns 4 alleged militia members for allegedly killing traditional ruler, 5 others in Imo FG vs ASUU
  • National News

Police chief arraigns 4 alleged militia members for allegedly killing traditional ruler, 5 others in Imo

October 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.