archiveGodwin Emefiele

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,...

The operatives of the Department of State Services (DSS) have arrested the Chief Executive Officer of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Abbas Umar Masanawa. Masanawa was reportedly arrested by the state security operatives over his alleged role in the ongoing corruption allegation probe involving the suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. According to a security source, Masanawa's arrest stems from his role while in office as the Managing Director, MD, of Nigerian Security Printing and Minting Company (NSPMC). “He was...

By Peter N. Afunanya Recently, the media is awash with various commentaries about DSS's disobedience to Court Orders. These accusations, as wrong as they are, have peaked in the Emefiele saga. It may interest the public and indeed the avowed critics of the Service to note the following incidents and timelines to show that it has religiously obeyed Court orders in respect of the case and even others. In 2022, the Service commenced the investigation of Mr. Godwin Emefiele on suspicion of Terrorism Financing, Money Laundering among others, and subsequently...