Enforcement

EFCC TO APPEAL JUDGMENT OF N100 MILLION FINE TO EMEFIELE

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The Economic and Financial Crimes Commission (EFCC), has said it will appeal the judgment of the N100 million fine awarded to the former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele.

According to the Head, Media & Publicity of EFCC, Dele Oyewale, “The Economic and Financial Crimes Commission (EFCC), has expressed dissatisfaction with a judgment of the Federal Capital Territory (FCT), High Court awarding N100 million damages against it in favour of a former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

“Justice O.A Adeniyi, on Monday, January 8, 2024, fined the Commission after he ruled that the Commission’s detention of Emefiele in the course of his investigation was a violation of his right to liberty.

“The decision failed to take cognizance of the fact that the former CBN boss was held with a valid order of court. Consequently, the Commission will approach the Court of Appeal to set it aside.”

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