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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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TWO BAG TWO YEARS EACH FOR INTERNET FRAUD IN KWARA.{PHOTOS}.

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     The Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Office has secured the conviction of Oyedele Olamide and Abdulrahman Olamide for offences bordering on internet fraud.
They were arraigned before Justice Sikiru Oyinloye of a Kwara State High Court who at the end of the trial found them guilty of the offences levelled against them by the EFCC.
The charge against Abdulrahman reads: "That you, Abdulrahman Mohammed Olamide (alias Fox Tim) on or about the 28th day of September 2019, in Ilorin, within the jurisdiction of the High Court of Kwara State, did cheat by personation, when you pretended to be Fox Tim and in that assumed character received a $50 (Fifty Dollar) iTunes gift card through your email account foxtim908@gmail.com from one Brian Kelly, an American citizen, a representation you knew to be false and thereby committed an offence contrary to section 321 of the Penal Code and punishable under section 324 of the same Panal Code."
They pleaded "guilty" to the charges.More photos below.
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