EMEFIELE: FINANCE MINISTRY UNAWARE OF N124.86BN CBN WITHDRAWAL, WITNESS TELLS COURT. (PHOTO). #PRESS RELEASE

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 Emefiele:  Finance Ministry Unaware of N124.86bn CBN Withdrawal,   Witness Tells Court   A Director in the Federal Ministry of Finance, Ali Mohammed, on Tuesday, October 6, 2026, told the Federal Capital Territory, FCT High Court sitting in Maitama, Abuja, that the Ministry was not aware of the withdrawal of N124.86 billion from the Central Bank of Nigeria, CBN.   Mohammed, who testified as the prosecution witness 10, PW10, in the ongoing trial of the former CBN Governor, Godwin Emefiele, disclosed this while being led in evidence by the prosecution counsel, Abbas Mohammed.   The witness said he appeared before the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.   Explaining his position and responsibilities in the Ministry, Mohammed said, “My Lord, the Department of Home Finance is made up of three functions based in three divisions, that is State and Public...
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INTERNET FRAUDSTER BAGS JAIL TERM TODAY AT EDO STATE.{PHOTOS}.

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     Justice P. I Ajoku of the Federal High Court, sitting in Benin City, Edo State, today Wednesday June 13 , 2018 convicted Uke Philip Akhator for offences bordering on obtaining by fraudulent trick. 
Akhator who was prosecuted by the Benin Office of the Economic and Financial Crimes Commission, EFCC, was said to have obtained the sum of One Hundred and Fifty Thousand Naira (N150,000) Only from one Jakub Sani Mohammed by fraudulent tricks.The offence is contrary to Section 421 of the Criminal Code Act, Laws of the Federation of Nigeria, C39, 2004 and punishable under the same Act.Upon his arraignment on a one count charge, Akhator pleaded guilty to the offence.In view of his plea, the prosecution counsel, Larry Aso Peters, urged the court to convict and sentence the defendant accordingly.In his response, defence counsel, Padro Egharevba pleaded with the court to tamper justice with mercies as the defendant was a first time offender who has become remorseful since he was arrested and has also promised to desist from such despicable act.Justice Ajoku after listening to both counsels sentenced the defendant to one month imprisonment.One more photo below.
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