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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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IRAN SENTENCES MOVIE DIRECTOR JAFAR PANAHI IN ABSENTIA TO ONE YEAR IN PRISON. (PHOTO).

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 Iran sentences director Jafar Panahi in absentia to one year in prison

Iran has sentenced acclaimed filmmaker Jafar Panahi in absentia to one year in prison and imposed a two-year travel ban, according to his lawyer, Mostafa Nili. The court convicted Panahi on charges of “propaganda activities against the system.” Nili said he plans to appeal the ruling.

The sentence was announced while Panahi was in New York City attending the Gotham Awards, where he received three honors for his latest film, It Was Just an Accident. The movie, which also won the Palme d’Or at the Cannes Film Festival in September, was filmed secretly in Iran following Panahi’s seven-month imprisonment, which ended in 2023 after he staged a hunger strike. The director drew inspiration from stories told by fellow prisoners for the revenge-driven plot, in which former inmates attempt to identify a potential torturer despite having been blindfolded during their captivity. France has selected the film as its submission for the Academy Awards. Panahi did not comment on the sentence, and it is unclear if he plans to return to Iran.

Panahi is one of Iran’s most celebrated contemporary directors, known for continuing to create films despite repeated imprisonments, travel bans, and periods of house arrest over the past two decades.


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