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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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EFCC SECURES CONVICTION OF THREE FOR INTERNET FRAUD IN KADUNA. (PHOTOS).#PRESS RELEASE

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 EFCC Secures Conviction of Three for Internet Fraud in Kaduna


The Kaduna Zonal Command of the Economic and Financial Crimes Commission has secured the conviction of the trio of Philemon Moses Cobons (aka Greg Young), Blessed Zugwai Adamu (aka James Smith) and Adajinewa Anaiah (aka Goddes Lex) before Justice A.A Isiaka of the Kaduna State High Court on one count charge each bordering on cybercrime. 

The convicts were arrested at different hideouts around Kaduna metropolis for alleged involvement in cybercrime. The investigation revealed that they assumed different identities to lure unsuspecting persons into phony social relationships with a view to defrauding them. 

They pleaded guilty to the charges brought against them. The prosecuting counsel, E.K Garba and M.U Gadaka prayed the court to convict them accordingly.

Justice Isiaka convicted and sentenced Adamu and Anaiah to 2 years imprisonment while Cobons was sentenced to 3 years imprisonment. The defendants were offered the option of a fine of N 150,000 each. In addition, they are to forfeit all proceeds of the crime to the Federal Government of Nigeria.

More photos below. 




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