Saturday, April 18, 2026
  • About Us
  • Advertisement
  • Privacy Policy
The Daily Crucible
Advertisement
  • Home
  • News
  • Business
    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor  …

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor …

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    ‘I Enjoy Dating’ and Being ‘Open-Minded’ About It – DJ Cuppy

    ‘I Enjoy Dating’ and Being ‘Open-Minded’ About It – DJ Cuppy

    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
  • Home
  • News
  • Business
    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Dangote Refinery Raises Petrol Price To N1,175, Diesel Now N1,620

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor  …

    Anambra Loses N8bn Weekly To Sit – at – Home, it drains N19.6bn From Southeast economy – Mefor …

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Why We’re Keen To Invest $20bn In Nigeria – Shell Global CEO, Sawan

    Trending Tags

    • Market Stories
    • Bitcoin
    • Litecoin
    • Harbolnas
    • United Stated
    • Property
  • Politics
  • Education
  • Lifestyle
    Why I’m Married To SFG Akume – Zaynab

    Why I’m Married To SFG Akume – Zaynab

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    How I Broke Free From Man Who Held Me Captive All My Years In My Dream — Tonto Dikeh

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    ‘My Marriage Is Over, It’s Like Death’ – Pastor Tolu Odukoya

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    Celebrity Chef Hilda Baci Eyes Another Feat, Begins Cooking In World Largest Jollof Pot

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    ‘Meeting President Tinubu and Prime Minister Pierre Is a Very Inspiring Moment For Me’ – Nigerian Medical Student In Saint Lucia 

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Amosun’s Wife, Other Descendants of Ogunbona Agboketoyinbo Mark 164th Memorial of their Revered Egba Warlord

    Trending Tags

    • Bitcoin
    • Champions League
    • Explore Bali
    • Golden Globes 2018
    • Grammy Awards
    • Harbolnas
  • Entertainment
    ‘I Enjoy Dating’ and Being ‘Open-Minded’ About It – DJ Cuppy

    ‘I Enjoy Dating’ and Being ‘Open-Minded’ About It – DJ Cuppy

    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Fame, Power, and Subtle Shots: Inside Nollywood’s Cold War Between Funke Akindele and Toyin Abraham

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Ireti Doyle Shuts Down TV Host Over Divorce From Patrick Doyle, Says “It Was None of Your Business”

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Benin Queen Faces Possible Removal Over Influencer Peller’s Unauthorised Visit To Palace

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    Tonto Dikeh Dragged To Court Over Alleged ‘Exorcism’ Of Minor In Public School

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    Trending Tags

    • Golden Globes 2018
    • Grammy Awards
    • Explore Bali
    • Champions League
    • Harbolnas
  • Sports
    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Investors, Famous Sports Personalities, Others Storm Canaanland As Country Club Begins Second Anniversary 

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Sporting Heroes, Celebrities, Political Bigwigs, Others Gather In Koko

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    Adesanya’s Loss Deepens as Pyfer Hands Ex-Champion 4th Straight UFC Defeat

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    AFCON Shock: CAF Strips Senegal, Hands 2025 Title to Morocco After Final Chaos

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Top Players, Young Stars Set For Canaanland Golf Course & Country Club Anniversary

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Anthony Joshua Relocates to Dubai Amid Middle East Tensions — Family Confirms

    Trending Tags

    • Champions League
    • Explore Bali
    • Harbolnas
    • United Stated
    • Market Stories
    • Litecoin
No Result
View All Result
The Daily Crucible
No Result
View All Result
Home News

Emefiele Weeps As Arraignment Is Stalled

...Suspended CBN Governor Charged With Fraud, Abuse Of Office, Others In Abuja

The Daily Crucible by The Daily Crucible
August 18, 2023
in News
0
Emefiele Weeps As Arraignment Is Stalled

 

Embattled suspended Governor of Central Bank of Nigeria (CBN), Godwin Emefiele broke down in tears on Thursday inside court after a sitting High Court of the Federal Capital Territory adjourned his arraignment till August 23, 2023.

You might also like

Twins, Accomplices Get 14 Years Each for Night Robbery In Lagos

Police Reject Framing Of Adebiyi’s Murder Case, UK Extradition Along Ethnic, Tribal Lines

OGBC Senior Editor, Waheed Ogunjobi, Earns PhD in Policy and Strategic Communication from LASU

Apparently thinking the arraignment on Thursday would give him an opportunity through his Counsel to apply for bail, but the shifting of it changed his mood and detention – wearied Emefiele could not stop tears from his eyes with some of his lawyers trying to comfort him.

There was also a mild commotion as he bent low to make phone call but some people frowned at it, saying he should not do that inside the court

It was learnt that the case was stalled following the absence of another defendant, Sa’adatu Yaro, in a corruption and conspiracy case filed against them by the Federal government.

According to The Nation report, the suspended CBN Governor is also accused of conferring corrupt advantages on his associates, including  Yaro and her company, April 1616 Investment Limited, to the tune of N6.9 billion.

The accused were taken before the vacation judge, Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court.

Emefiele was brought to court by officials of the Department of State Services (DSS).

Immediately after the proceedings, Emefiele was returned to operatives of the Department of the State Service (DSS) who brought him to court under heavy security.

Emefiele charged with fraud, abuse of office, others in Abuja

Meanwhile, the Federal Government has filed a 20-count charge bordering on procurement fraud, abuse of office and conferring corrupt advantage on a junior colleague against suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele.
The charge was filed at the Federal Capital Territory (FCT) High Court in Abuja where Emefiele’s arraignment was stalled yesterday.

Also yesterday, the Federal High Court in Lagos struck out the illegal firearm possession case against him.

In the new charge, the prosecution said Emefiele conspired with Ms. Sa‘adatu Ramalian Yaro and Aprill1616 Investment Ltd in 2019 to use the CBN governor’s office to confer a corrupt advantage on Ms. Yaro, a staff member of CBN.

The Federal Government said Emefiele used his influence to award a contract for the supply of 37 Toyota Hilux Vehicles at the cost of N854.7million to April1616 Investment, a company in which Ms. Yaro is a director despite being a CBN employee.

Emefiele was accused of violating Section 19 of the Corrupt Practices and Other Related Offences Act 2000.

The CBN governor, according to the charge, also awarded a contract for the supply of one Toyota Avalon (3.5L) at the cost of N99.9 million to April1616 Investment Ltd, a company in which Ms. Yaro is a director.

Yaro also allegedly got a contract for the supply of one Toyota Landcruiser V8 at the cost N73.8million to April1616 Investment.

Other alleged contracts by Emefiele to Ms. Yaro are for the supply of two Toyota Hilux Shell Specification vehicles at N44.2million and for one Toyota Land Cruiser VXR V8 (contract no. PO026821) at N69million to April1616 Investment.

Another contract, numbered PO26822, allegedly signed in 2020, was for the supply of one Toyota Land Cruiser VXR V8 at N69million by Aprili616 Investment, a company in which Ms. Yaro is a director.

The prosecution said Ms. Yaro, while being employed by the CBN, knowingly held directly a private interest as director in Aprill1616 Investment Ltd and benefitted from a contract awarded to the company by CBN where she is employed, for the supply of 37 Toyota Hilux vehicles at the cost of $854,700,000.00.

Emefiele’s co-accused was charged with fraudulent acquisition of property contrary to Section 12 of the Corrupt Practices and Other Related Offences Act 2000.

The prosecution said she knowingly held directly a private interest as a director in Aprili616 Investment and accepted a contract for the supply of one Toyota Avalon at N99.9million.

Other supplies Ms. Yaro was alleged to have fraudulently made to the CBN while a staff, according to the prosecution, are for the supply of one Toyota Landcruiser V8 at N77,050,000; 47 Toyota Hilux vehicles (2.71) at the cost €1,085,700,000.00; ten Mercedes Benz armored buses at the cost of N2.2billion and two Toyota Hilux Shell Specification vehicles at the cost of N44.2milllion

The prosecution said it would tender seven exhibits and call at least seven witnesses to prove the case.

The defendants’ arraignment was stalled due to the absence of Ms. Yaro.

Director of Public Prosecution of the Federation, Mohammed Abubakar, told Justice Hamza Muazu that Mrs Yaro took ill in the morning.

He apologised to the court and applied for a new date for arraignment.

Counsel to Emefiele, Akinlolu Kehinde (SAN), did not oppose the new date.

Justice Muazu adjourned until August 23 for the arraignment.

Open Letter ESQ
Emefiele was returned to the Operatives of the Department of the State Service (DSS)

Court strikes out firearms charge against Emefiele

The Federal High Court sitting in Lagos struck out the “illegal firearms possession” charge filed by the Federal Government against Emefiele.

Justice Nicholas Oweibo made the order after granting an application by the Director of Public Prosecutions (DPP) in the Ministry of Justice, Mr. Mohammed Abubakar, to withdraw the two-count charge.

Abubakar relied on Section 108 of the Administration of Criminal Justice Act (ACJA), 2015.

The defence, through its lead counsel Mr. J.B. Daodu (SAN), had argued that the prosecution could not withdraw the charge unless the government first purged itself of its disobedience to the court’s July 25 order granting Emefiele N20million bail.

But Justice Oweibo, while condemning the government’s conduct, granted its application.

The judge wondered what good it would do to the defence if the court did not allow the withdrawal.

“The prosecution has shown signs that they are not law-abiding and have no respect for the court. The court cannot force them.

“What good will it be for the defendant who is in custody? Of what benefit will it be to keep the file in the court’s docket?

“I believe the proper thing is to allow them to withdraw the charge. They can simply abandon it and the court will still have to strike it out for lack of diligent prosecution. The application to withdraw is hereby granted,” Justice Oweibo said.

Emefiele has been in the custody of the State Security Service (SSS) (or self-styled Department of State Security, DSS) since June 10 following his suspension by President Bola Tinubu on June 9.

Following his arraignment on July 25 on a two-count charge of illegal possession of firearms and ammunition, Justice Oweibo granted him N20million bail and ordered his remand at the Ikoyi Correctional Centre of the Nigerian Correctional Services (NCoS) pending the fulfilment of his bail conditions.

But, the DSS did not allow the banker to be remanded in the NCoS’ custody.

It rearrested Emefiele after fighting off NCoS officials on the court’s premises.

Following proceedings on August 10, the court fixed Tuesday last week to hear two pending applications filed by parties.

The first application – filed by the Ministry of Justice on August 3 – sought leave to appeal against the N20m bail.

The second – filed by Emefiele on August 8 – asked the court to stop the Federal Government from further prosecuting him on the charge of illegal possession of a firearm and ammunition or any other charge.

When the matter came up Tuesday last week, the DPP made an oral application to the court seeking to withdraw the charges against Emefiele.

He stated that the application was informed by emerging facts and for circumstances that need further investigation, adding that the application was brought under Section 108 of the ACJA, 2015.

But Daudu opposed the move, submitting that the court could not hear the oral application because the prosecution had not complied with the court’s order granting Emefiele bail.

He also argued that there was no application before the court because the prosecution had not complied with the law and the rules of the court.

-The Nation

Previous Post

FUNAAB Appoints Osinuga As Acting Bursar 

Next Post

Nigeria High Commissioner In UK, Sarafa Isola, Hosts Ohanaeze Ndigbo Leaders

The Daily Crucible

The Daily Crucible

The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

Related Posts

Twins, Accomplices Get 14 Years Each for Night Robbery In Lagos
News

Twins, Accomplices Get 14 Years Each for Night Robbery In Lagos

by The Daily Crucible
April 17, 2026
Police Reject Framing Of Adebiyi’s Murder Case, UK Extradition Along Ethnic, Tribal Lines
News

Police Reject Framing Of Adebiyi’s Murder Case, UK Extradition Along Ethnic, Tribal Lines

by The Daily Crucible
April 17, 2026
OGBC Senior Editor, Waheed Ogunjobi, Earns PhD in Policy and Strategic Communication from LASU
News

OGBC Senior Editor, Waheed Ogunjobi, Earns PhD in Policy and Strategic Communication from LASU

by The Daily Crucible
April 17, 2026
Tinubu Signs ₦68.32tn 2026 Budget, Extends 2025 Spending to June
News

Tinubu Signs ₦68.32tn 2026 Budget, Extends 2025 Spending to June

by The Daily Crucible
April 17, 2026
OGHA 2027: Odeda Youths Slam “Youth O’Clock” Agenda, Declare Support For Speaker Elemide
News

OGHA 2027: Odeda Youths Slam “Youth O’Clock” Agenda, Declare Support For Speaker Elemide

by The Daily Crucible
April 17, 2026
Next Post
Nigeria High Commissioner In UK, Sarafa Isola, Hosts Ohanaeze Ndigbo Leaders

Nigeria High Commissioner In UK, Sarafa Isola, Hosts Ohanaeze Ndigbo Leaders

Leave a Reply Cancel reply

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

No Result
View All Result

Advertisement

Advertisement

Recent News

Twins, Accomplices Get 14 Years Each for Night Robbery In Lagos

Twins, Accomplices Get 14 Years Each for Night Robbery In Lagos

April 17, 2026
Police Reject Framing Of Adebiyi’s Murder Case, UK Extradition Along Ethnic, Tribal Lines

Police Reject Framing Of Adebiyi’s Murder Case, UK Extradition Along Ethnic, Tribal Lines

April 17, 2026
YAYI Progressives Movement (YPM) Drives A New Wave Grassroots Leadership In Ogun

YAYI Progressives Movement (YPM) Drives A New Wave Grassroots Leadership In Ogun

April 17, 2026
OGBC Senior Editor, Waheed Ogunjobi, Earns PhD in Policy and Strategic Communication from LASU

OGBC Senior Editor, Waheed Ogunjobi, Earns PhD in Policy and Strategic Communication from LASU

April 17, 2026
Tinubu Signs ₦68.32tn 2026 Budget, Extends 2025 Spending to June

Tinubu Signs ₦68.32tn 2026 Budget, Extends 2025 Spending to June

April 17, 2026
The Prince Of ‘Virtu’

The Prince Of ‘Virtu’

April 17, 2026
OGHA 2027: Odeda Youths Slam “Youth O’Clock” Agenda, Declare Support For Speaker Elemide

OGHA 2027: Odeda Youths Slam “Youth O’Clock” Agenda, Declare Support For Speaker Elemide

April 17, 2026
‘I Enjoy Dating’ and Being ‘Open-Minded’ About It – DJ Cuppy

‘I Enjoy Dating’ and Being ‘Open-Minded’ About It – DJ Cuppy

April 17, 2026
Alleged Rape: UNILAG Lecturer ‘Forced Himself on Me,’ Victim Tells Court

Alleged Rape: UNILAG Lecturer ‘Forced Himself on Me,’ Victim Tells Court

April 16, 2026
“I Won’t Run Away From This Fight,” Tinubu Says As He Defies Pressure, Doubles Down on Reforms

“I Won’t Run Away From This Fight,” Tinubu Says As He Defies Pressure, Doubles Down on Reforms

April 16, 2026
The Daily Crucible

The Daily Crucible Newspaper is an authoritative and independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, peace, progress, and greatness, given the heterogeneity of its citizens.

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.

No Result
View All Result
  • Home
  • News
  • Politics
  • Property
  • Business
  • Education
  • Health
  • Entertainment
  • About Us

© 2022 The Daily Crucible - Designed by CYBERWARRIOR.