Would you like to receive notifications on latest updates of the following headlines?

Fraud charges: Court fixes date to  rule on Emefiele’s $4.5bn case

POSTED ON December 13, 2024 •   Metro      BY Benedicta Bassey
Court fixes January 7, 2025 to rule on former Central Bank of Nigeria Governor, Godwin Emefiele’s $4.5bn case

LAGOS STATE, Nigeria —The Lagos State Special Offences Court in Ikeja has fixed January 7, 2025, to decide the case of former Central Bank of Nigeria Governor, Godwin Emefiele, regarding the $4.5bn and N2.8bn fraud charges brought against him by the Economic and Financial Crimes Commission.

Emefiele, along with his co-defendant, Henry Omoile, is facing 26 counts filed by the EFCC before Justice Rahman Oshodi.

Emefiele's lawyer, Olalekan Ojo (SAN) during hearing held on Thursday asserted that the  the court lacked territorial jurisdiction to hear the case in Lagos.

He contended that the alleged offences, including abuse of office, were committed outside the jurisdiction of the Ikeja Special Offences Court.

Ojo maintained that the charges violated Section 36(12) of the Nigerian Constitution, asserting that the alleged actions were not legally recognised offences.

He declared that the Lagos State House of Assembly does not have legislative authority over matters on the Exclusive Legislative List, making Section 73 of the Criminal Law of Lagos State 2011 inapplicable to the case.

He urged the court to strike out counts one to four of the amended charge sheet filed on April 4, 2024, as the alleged offences occurred outside the court’s jurisdiction.

In response, EFCC counsel, Rotimi Oyedepo (SAN), defended the court’s authority to preside over the case.

He argued that the charges were economic and financial crimes within the EFCC’s jurisdiction and that evidence supported Lagos as the proper venue for the trial.

Oyedepo stated that the offences were committed within the court’s territorial reach, with evidence and witness testimonies confirming Lagos as the appropriate location for the proceedings, maintaining that the defence’s objections lacked factual and evidentiary support.

After hearing arguments from both sides, Justice Oshodi adjourned the case to January 7, 2025, for a ruling on the objection.

READ ALSO
14-Year-Old Student Killed by Police during Traffic Enforcement
BY Abiodun Saheed Omodara May 21, 2025 0

OYO, Nigeria - The Nigerian Police Command has initiated an investigation to uncover the details sur...

READ ALSO
Explosion Rocks Alake Sports Complex, Several Shops Destroyed
BY Abiodun Saheed Omodara May 21, 2025 0

OGUN, Nigeria - An explosion involving a diesel-filled tanker behind the Alake Sports Complex in Ije...

READ ALSO
LASG shut 5 Orphanages, Rescued over 200 children Amid Child Trafficking
BY Abiodun Saheed Omodara May 21, 2025 0

The Lagos State government has closed down five orphanages over the past year due to issues such as...

READ ALSO
Emir Removes Village Chief Amid Kidnapping, Sexual Assault Allegations
BY Abiodun Saheed Omodara May 20, 2025 0

KASTINA, Nigeria - The village chief of Mantau in Yarmaulu, Baure Local Government Area of Katsina S...

READ ALSO
Verydarkman to Compensate Falana and Falz in Character Defamation Case
BY Abiodun Saheed Omodara May 20, 2025 0

A social media celebrity, Martins Otse, popularly called Verydarkman, has been mandated by a Lagos H...

READ ALSO
FRSC, Amotekun Collaboration to Recover Stolen Vehicle
BY Abiodun Saheed Omodara May 20, 2025 0

The Osun State Security Network, known as Amotekun Corps, has reported the recovery of a vehicle and...

READ ALSO
Soyinka Urges Youth to Embrace Ancestral Languages for Cultural Identity
BY Abiodun Saheed Omodara May 20, 2025 0

Nobel laureate Prof. Wole Soyinka has emphasized the importance of promoting Nigeria's indigenous la...

READ ALSO
Off-Duty Officer Shot During Stolen Vehicle Recovery Attempt
BY Abiodun Saheed Omodara May 19, 2025 0

Indianapolis, IN – A surge of violence on the near east side of Indianapolis has prompted heig...

OUR CHANNELS:

Leon Balogun Bids Farewell to Rangers, After Contract Expires
BY Abiodun Saheed Omodara May 21, 2025 0

Leon Balogun, a defender for the Nigerian national football team, has left Scottish club Rangers Foo...


Verydarkman to Compensate Falana and Falz in Character Defamation Case
BY Abiodun Saheed Omodara May 20, 2025 0

A social media celebrity, Martins Otse, popularly called Verydarkman, has been mandated by a Lagos H...


FRSC, Amotekun Collaboration to Recover Stolen Vehicle
BY Abiodun Saheed Omodara May 21, 2025 0

The Osun State Security Network, known as Amotekun Corps, has reported the recovery of a vehicle and...


CBN Holds Interest Rate Steady at 27.50% Amid Inflation Concerns and Economic Recovery Efforts
BY Abiodun Saheed Omodara May 21, 2025 0

ABUJA, Nigeria — The Central Bank of Nigeria (CBN) has once again held its benchmark inte...


I AM IGBO by Blood, Davido Affirms Igbo Heritage
BY Abiodun Saheed Omodara May 20, 2025 0

Nigerian music star David Adeleke, aka Davido has responded to a controversial social media post tha...


Soyinka Urges Youth to Embrace Ancestral Languages for Cultural Identity
BY Abiodun Saheed Omodara May 20, 2025 0

Nobel laureate Prof. Wole Soyinka has emphasized the importance of promoting Nigeria's indigenous la...


CBN Stresses Commitment to Protecting Financial Interests of Nigerians
BY Abiodun Saheed Omodara May 20, 2025 0

The Central Bank of Nigeria (CBN) has assured the public, depositors, and stakeholders that the Nige...


Australia's Central Bank Cuts Interest Rate to 3.85% Amid Global Tariff Uncertainty
BY Abiodun Saheed Omodara May 20, 2025 0

On Tuesday, Australia’s central bank reduced its main interest rate to its lowest level in two...


Fuel Prices: Dangote Refinery Credits Naira-for-Crude Initiative for Economic Relief
BY Abiodun Saheed Omodara May 20, 2025 0

The Dangote Petroleum Refinery has announced that the naira-for-crude arrangement enabled it to lowe...


Oyo Traditional leaders reject Alaafin as permanent council chair
BY Abiodun Saheed Omodara May 20, 2025 0

Traditional rulers and stakeholders from Ibadanland and Ogbomosoland have voiced strong opposition t...


More Articles

Load more...

Menu