By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Ex- CBN Governor Emefiele Awarded Contracts to Family Members, Witness Testifies
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Ex- CBN Governor Emefiele Awarded Contracts to Family Members, Witness Testifies

Metro

Ex- CBN Governor Emefiele Awarded Contracts to Family Members, Witness Testifies

Olaitan Sodiq
Olaitan Sodiq
Published: January 10, 2025
Last updated: January 10, 2025
2 Min Read
Share
N6.9b Fraud: Emefiele Weeps as Court Makes Decision
Godwin Emefiele, the suspended CBN Governor on Thursday wept in court during the hearing of a N6.9 billion fraudulent case filed against him
SHARE

 

A witness in the trial of former Central Bank of Nigeria (CBN) governor Godwin Emefiele has revealed that he awarded contracts to companies owned by his wife and brother-in-law.

 

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

Michael Omowera Agboro, an investigator with the Independent Corrupt Practices Commission (ICPC), testified in a Federal High Court in Abuja that Emefiele conferred corrupt advantages on several individuals, including his family members.

Agboro alleged that Emefiele’s wife, Margaret, and brother-in-law were directors of Architekon Nigeria Ltd, which received contracts for the supply of Toyota Hilux vehicles worth millions of naira.

 

Another company, April 1616 Investment Ltd, linked to Emefiele’s staff and a director, Saadatu Yaro, also received contracts worth millions.

The witness’s testimony suggests a clear case of nepotism and corruption, with Emefiele using his position to enrich his family members.

 

The defense counsel, Mathew Burkaa (SAN), attempted to discredit the witness during cross-examination, but Agboro maintained that Emefiele’s actions were unethical and illegal.

He said, “We limited our investigation to him, his wife, relatives and associates.

 

“Our findings revealed that the defendant was not a director or shareholder or an account signatory in either April 1616 limited or Architekon Nigeria limited.”

READ ALSO: Court Orders Final Forfeiture Of Over ₦12.18 Billion Properties Linked To Emefiele

Agboro, being led in evidence by the EFCC counsel, Mr Rotimi Oyedepo SAN on March 11, tendered contract documents, which he said nine CBN officials minuted on while Emefiele approved.

 

Emefiele is standing trial on a 20-count amended charge bordering on criminal conspiracy, conferring undue advantage, and breach of trust, among others before an FCT High Court.

 

Justice Muazu Hamza fixed Tuesday (today) for the continuation of the hearing.

 

 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Godwin Emefiele
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

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

Latest Updates

BREAKING: Liverpool Break British Transfer Record to Sign Wirtz | Daily Report Nigeria
BREAKING: Liverpool Break British Transfer Record to Sign Wirtz
Sports
UK Court Slams Shell Over Nigerian Oil Spill Legacy | Daily Report Nigeria
UK Court Slams Shell Over Nigerian Oil Spill Legacy
Business
Queues Return as Fuel Price Hits N1000 in Abuja
Petrol Marketers Raise Fuel Prices Nationwide Amid Global Oil Surge
Business
2027: APC to Pick Tinubu’s Running Mate After Convention – National Secretary | Daily Report Nigeria
2027: APC to Pick Tinubu’s Running Mate After Convention – National Secretary
Politics
Shock as Nollywood Actress Berry White Dies After Collapsing at Home | Daily Report Nigeria
Shock as Nollywood Actress Berry White Dies After Collapsing at Home
Entertainment

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Spain Signs Law Allowing Menstrual Leave For Women | Daily Report Nigeria
Metro

Spain Signs Law Allowing Menstrual Leave For Women

April 6, 2025
World Bank President, David Malpass Resigns | Daily Report Nigeria
Metro

World Bank President, David Malpass Resigns

January 9, 2025
Policeman 'Accidentally' Kills DSS Officer in Imo | Daily Report Nigeria
Metro

Policeman ‘Accidentally’ Kills DSS Officer in Imo

March 8, 2025
Delta Bans Use of Fireworks for Christmas, New Year Celebrations | Daily Report Nigeria
Metro

Delta Bans Use of Fireworks for Christmas, New Year Celebrations

January 4, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?