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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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TAIWAN REJECTS SOUTH AFRICA DEMAND TO MOVE DIPLOMATIC OFFICE FROM CAPITAL. (PHOTO).

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 Taiwan rejects South Africa demand to move diplomatic office from capital


Taiwan has again rejected South Africa’s demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of Johannesburg, AP reported.


Taiwan Foreign Ministry spokesperson Jeff Liu said at a news conference on Tuesday that the demand to move or shut the office entirely violated a 1997 agreement between the sides on the location of their mutual representative offices following the severing of formal diplomatic relations.


“Facing this kind of unreasonable demand, our side cannot grant our acceptance,” Liu said.


South Africa maintains a liaison office in Taiwan’s capital, Taipei, and the sides have a strong commercial relationship.


Liu repeated Foreign Minister Lin Chia-lung’s avowal at the legislature on Monday that Taiwan “was prepared for all eventualities” over the issue. The office is Taiwanese property and Taipei retains the right to determine its location and status, Lin and Liu said.


China, which claims Taiwan as its own territory that must be annexed by force if necessary, relentlessly seeks to minimize Taiwan's international representation, although the self-governing island republic maintains robust unofficial relations with the US and other major nations.


South Africa confirmed last week that it had asked Taiwan to move its liaison office, in a demand seen purely as a concession to China, which has used its influence to keep Taiwan out of the United Nations and affiliated branches such as the World Health Organization, and limit its formal diplomatic partners to just 11 countries and the Vatican.

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