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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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COUP UPDATE: GABON PRESIDENT PLACED UNDER HOUSE ARREST. (PHOTO).

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Coup Update: Gabon President placed under house arrest arrest

30th Aug 2023 

Gabonese President Ali Bongo Ondimba is under house arrest and one of his sons has been arrested for “treason”, military officers said Wednesday, hours after announcing they had overthrown the government.

“President Ali Bongo is under house arrest, surrounded by his family and doctors,” they said in a statement read out on state TV.

Bongo’s son and close adviser Noureddin Bongo Valentin, his chief of staff Ian Ghislain Ngoulou as well as his deputy, two other presidential advisers and the two top officials in the ruling Gabonese Democratic Party (PDG) “have been arrested,” a military leader said.

They are accused of treason, embezzlement, corruption and falsifying the president’s signature, among other allegations, he said.

Earlier on Wednesday, military officers said they had toppled Bongo, who has been in power for 14 years, hours after he had been declared the victor in Saturday’s elections.

In a televised statement, they said the vote results had been cancelled and “all the institutions of the republic” dissolved.(CHANNELSTV)

•Gabon’s President Ali Bongo looks on during the One Forest Summit at the Presidential Palace in Libreville on March 2, 2023. – Gabonese President Ali Bongo Ondimba announced on July 9, 2023 that he would run for a third term in the presidential election on 26 August. (Photo by LUDOVIC MARIN / AFP)


 

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