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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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 FRAUD SUSPECT MAKES U-TURN,BEGS FOR PLEA BARGAIN.{PHOTO}.

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      A 24 year-old Internet fraud suspect, Babatunde Muhammad Bashir, who is being prosecuted by the Ilorin Zonal office of the Economic and Financial Crimes Commission, before Justice Sikiru Oyinloye of the Kwara State High Court on four counts of internet fraud today informed the court of his decision to enter into a plea bargain negotiation with the prosecution.
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The defendant had on October 8, 2019 pleaded ‘not guilty’ to the four count charge, brought against him by the EFCC.
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