URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Appeal Court Verdict On Femi Olaleye: Lagos Govt Says It Will Approach Supreme Court
    December 29, 2024
    Okunbor, Prime Suspect In Fraud Case-EFCC, ‘Says  It Has No Business With Ighdalo’s Witness
    January 15, 2025
    Dogara Slams Bala Mohammed Says Wike Funded Your Governorship Campaign
    January 28, 2025
    Latest News
    Barde: Gombe State Must Be Rescued From Yahaya’s Corrupt Leadership 
    June 25, 2025
    Disapproval Ratings of Tinubu Have 91 Percent From Both  North, Southeast-El-Rufai
    June 24, 2025
    What Israeli PM, Netanyahu Reacted In Response To Trump’s Proposal For Ceasefire with Iran  
    June 24, 2025
    Ardo, Atiku Opposition Coalition Seeks New Party, ADA Registration From INEC
    June 20, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Fraud Allegation: Why Emefiele Loses Bid To Stop $4.5bn, N2.8bn Case
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Uncategorized > Fraud Allegation: Why Emefiele Loses Bid To Stop $4.5bn, N2.8bn Case
Uncategorized

Fraud Allegation: Why Emefiele Loses Bid To Stop $4.5bn, N2.8bn Case

urbanexpresslive
Last updated: January 9, 2025 10:56 am
urbanexpresslive
Share
2 Min Read
SHARE

Taiwo Popoola

The Lagos State Special Offences Court, on Wednesday, dismissed an application filed by former governor of the Central Bank of Nigeria, Godwin Emefiele, challenging the court’s jurisdiction to entertain the $4.5 billion and N2.8 billion fraud charges brought against him by the Economic and Financial Crimes Commission.

Justice Rahman Oshodi, in his ruling, held that the court had the jurisdiction to try Emefiele and his co-defendant, Henry Omoile.

The judge, however, struck out four of the 26 counts filed by the EFCC against the defendants for lack of jurisdiction.

“The objection challenging the court’s territorial jurisdiction over counts eight to 26 fails and is hereby dismissed.

“The prosecution has established sufficient territorial nexus in this case,” the court held.

To this end, the judge subsequently adjourned the case for trial continuation on February 24, 2025.

The EFCC had arraigned Emefiele on 26 charges, bordering on abuse of office and illegal allocation of $4.5 billion and N2.8 billion.

At the last adjourned date on December 12, 2024, Emefiele’s counsel, Mr. Olalekan Ojo (SAN), argued that the court lacked jurisdiction to hear the case in Lagos.

The embattled Emefiele was Suspended As CBN governor on June 14, 2023, by President Bola Ahmed Tinubu’s government.

You Might Also Like

EPL: Why Paul Merson Named Three Arsenal Players Arteta Should Rest Against Brentford

Breaking: Agitation Against Emergency Rule: Tear gas Fired At Protesters In Port Harcourt

EPL: Why Odegaard Names Toughest Opponent He Ever Faced

Four Lawsuits from Afe Babalola’s Firm Still in Motion Against Me-Farotimi

LaLiga: What Endrick Revealed Regarding Real Madrid Player ‘Who Never Praises Him

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article He Can’t Even Spell ‘Politics’ Buhari’s Ex-Aide, Ojudu Says Fayose Lacks Honour
Next Article How Boko Haram Attackers Was Killed By Chadian Forces After Invading Presidential Palace
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Making Yourself Happy in These Trying Times 
Column June 25, 2025
Against Single-Use Plastic, Ogun State Set to Adopt Tech-Driven Strategy
Environment June 25, 2025
Turning Residential Building Into Abattoir: Lagos Govt Arrests Landlord, Set For Persecution
Environment June 25, 2025
Barde: Gombe State Must Be Rescued From Yahaya’s Corrupt Leadership 
Discover Politics June 25, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account