Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

Big Money, Big Questions: Emefiele Faces Scrutiny Over $6.2 Million Payment

Eriki Joan UgunushebyEriki Joan Ugunushe
February 12, 2024
in News
0
Big Money, Big Questions: Emefiele Faces Scrutiny Over $6.2 Million Payment
Share on FacebookShare on TwitterShare on Whatsapp

A high-stakes drama unfolded in court today as revelations rocked the trial of former Central Bank Governor, Godwin Emefiele. Onyeka Ogbu, a key prosecution witness and Deputy Director at the CBN, confirmed knowledge of a $6.2 million payment authorized for international election observers. This hefty sum, requested in January 2023, has raised eyebrows and ignited heated discussions.

Ogbu, testifying under oath, stated he reviewed the documents and approved the disbursement. But here’s the twist: crucial pages were missing from the presented evidence. This threw a wrench in the prosecution’s case, leading to a temporary halt and a war of words between lawyers.

The prosecution, represented by Rotimi Oyedepo, argued that the missing pages were essential and requested a delay to address this issue. However, Emefiele’s lawyer, Matthew Burkaa, countered, stating the prosecution should rely on the available evidence and proceed with cross-examination.

Big Money, Big Questions: Emefiele Faces Scrutiny Over $6.2 Million Payment

Caught in the middle, Justice Hamza Muazu decided to adjourn the trial until Tuesday, leaving the public and media buzzing with questions:

With the trial set to resume on Tuesday, all eyes will be on how the prosecution handles the missing evidence and whether they can effectively build their case against Emefiele. The outcome of this trial could have significant implications for transparency and accountability within Nigeria’s financial institutions.

Remember, this is just one side of the story. It’s important to stay informed and follow credible sources for updates and developments as the trial progresses.

Tags: Big MoneyBig Questions: Emefiele Faces Scrutiny Over $6.2 Million Paymentfederal characterNews
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

Minnesota Senator Hortman, Husband Killed by Fake Policeman
News

Minnesota Senator Hortman, Husband Killed by Fake Policeman

June 14, 2025
Austria Tightens Gun Laws After School Massacre
News

Austria Tightens Gun Laws After School Massacre

June 14, 2025
Court Blocks Trump’s National Guard Deployment to LA
News

Court Blocks Trump’s National Guard Deployment to LA

June 13, 2025
Next Post
Building Bridges Through Education: UK Minister Visits First British School in Nigeria

Building Bridges Through Education: UK Minister Visits First British School in Nigeria

The Blame Game: Alex Iwobi and the Fury of Nigerian Fans

The Blame Game: Alex Iwobi and the Fury of Nigerian Fans

Kwara State University Suffers More Loss as Another Staff Passes Away

Kwara State University Suffers More Loss as Another Staff Passes Away

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Stilfontein Mine Siege: 78 Dead in South Africa’s Illegal Mining Tragedy

Stilfontein Mine Siege: 78 Dead in South Africa’s Illegal Mining Tragedy

5 months ago
Knowledge of Media Taxation Will Increase Economic Development – CITN

Knowledge of Media Taxation Will Increase Economic Development – CITN

2 years ago
JAMB opens registration for the 2023 UTME on January 14th

JAMB opens registration for the 2023 UTME on January 14th

2 years ago
Somalia Twin bombs in Mogadishu’s capital city killed 100 people.

Somalia Twin bombs in Mogadishu’s capital city killed 100 people.

3 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) abuja apc Arsenal buhari Business cbn chelsea china court Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government Governor health inec Israel lagos Manchester United Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Soyinka Tells Tinubu to Investigate Deaths of Dele Giwa, Kudirat Abiola, Bola Ige

Ukraine, Russia Conduct Fourth Prisoner Swap in One Week

Kenneth Okonkwo Accuses Peter Obi of Betrayal Over Abure Faction

Tottenham Sue INEOS Over Terminated Sponsorship Deal

Phyna Slams Israel DMW With Harsh Words Days After Vacation With His Ex-Wife Sheila

Austria Tightens Gun Laws After School Massacre

Trending

Minnesota Senator Hortman, Husband Killed by Fake Policeman
News

Minnesota Senator Hortman, Husband Killed by Fake Policeman

bySomto Nwanolue
June 14, 2025
0

A gunman dressed as a police officer executed Minnesota State Assemblywoman Melissa Hortman and her husband Mark...

Dembele dismisses Ballon d’Or talk despite trophy-laden season at PSG

Dembele dismisses Ballon d’Or talk despite trophy-laden season at PSG

June 14, 2025
“I Have Had the Most Reasons to Not Exist” – Burna Boy

“I Have Had the Most Reasons to Not Exist” – Burna Boy

June 14, 2025
Soyinka Tells Tinubu to Investigate Deaths of Dele Giwa, Kudirat Abiola, Bola Ige

Soyinka Tells Tinubu to Investigate Deaths of Dele Giwa, Kudirat Abiola, Bola Ige

June 14, 2025
Ukraine, Russia Conduct Fourth Prisoner Swap in One Week

Ukraine, Russia Conduct Fourth Prisoner Swap in One Week

June 14, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Minnesota Senator Hortman, Husband Killed by Fake Policeman
  • Dembele dismisses Ballon d’Or talk despite trophy-laden season at PSG
  • “I Have Had the Most Reasons to Not Exist” – Burna Boy

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com