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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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S. A: ROOIBERG SUSPECT REMANDED IN CUSTODY FOR POSSESSION OF SUSPECTED STOLEN PROPERTY. (PHOTO).

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 Rooiberg Suspect Remanded in Custody for Possession of Suspected Stolen Property


A 29-year-old man arrested for possession of suspected stolen property appeared before the Rooiberg Periodic Court on Monday, 1 December 2025. He was remanded in custody until Thursday, 4 December 2025, when he is expected to apply for bail.


The suspect, identified as Thomas Masevedze, was arrested in the early hours of Saturday, 29 November 2025. Police on patrol in the Waterberg District received information about a suspicious vehicle travelling along the D928 Road at around 00:20. Officers immediately followed up, located the vehicle, and brought it to a stop.


During the search, police discovered railway tracks, copper pipes, and copper wire inside the vehicle. The items are believed to have been stolen. Masevedze was then arrested and taken to Rooiberg SAPS for processing.


Police investigations are continuing to determine the origin of the recovered items and whether the suspect may be linked to other infrastructure theft cases.

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