close
Wednesday, October 7, 2026

Alleged $4.5 Billion Fraud: Emefiele’s absence stalls trial

The defence counsel said Mr Emefiele had another ongoing case in Abuja, the outcome of which cannot be predicted.

• October 6, 2026
Godwin Emefiele
Godwin Emefiele

The absence of former Central Bank of Nigeria (CBN) governor Godwin Emefiele stalled his trial before the Ikeja Special Offences Court on Tuesday.

Mr Emefiele and his co-defendant, Henry Omoile, are on trial over alleged gratification, corrupt demands, abuse of office, and unlawful acceptance of gifts.

He is facing a 19-count charge of alleged gratification, corrupt demands, and abuse of office involving transactions valued at $4.5 billion and N2.8 billion.

Mr Omoile is facing a three-count charge of alleged unlawful acceptance of gifts.

When the case was called on Tuesday, the first defence counsel, Labi Lawal (SAN), informed the court that Mr Emefiele would not be available for the proceedings.

Mr Lawal urged the court to vacate the previously scheduled trial dates in October.

He submitted that it would not be convenient for Mr Emefiele to travel from Abuja to Lagos to attend the proceedings the following day after appearing in court in Abuja.

According to him, Mr Emefiele has another ongoing case in Abuja, the outcome of which cannot be predicted.

The Economic and Financial Crimes Commission (EFCC) counsel, Chinyenye Okezie, also informed the court that Emefiele had written a letter dated October 6.

Ms Okezie said Mr Emefiele stated in the letter that he would attend another trial in Abuja on the same date scheduled for the Lagos trial.

However, counsel to the second defendant, Adeyinka Kotoye (SAN), said he had neither seen nor received any notification from the court regarding Emefiele’s absence.

“I do not know why the court will be treating the second defendant as if he is not part of the proceedings,” Mr Kotoye said.

Justice Rahman Oshodi thereafter vacated the scheduled dates in October and adjourned the case until November 11 for continuation of the trial.

The court had, on July 9, admitted as evidence extra-judicial statements made by Emefiele in his trial for alleged abuse of office. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Messi during match against Benin

Sport

Lionel Messi scores, provides two assists in final game for Argentina

Lionel Messi scored in his final national team match as Argentina beat Benin Republic 3-0 at the Estadio Monumental in the early hours of Wednesday.

Senator Opeyemi Bamidele

Abuja

Senate postpones security summit over NAF plane crash

The Senate has postponed its two-day National Security Summit scheduled for Oct. 12 and 13 indefinitely.

Kebbi State Governor Nasir Idris

States

Gov Idris awards contracts for Yauri-Zamare, Yabo roads

The Kebbi government has awarded contracts to construct Yauri-Zamare Road and Yabo Road in Yauri to improve road connectivity and infrastructure.

Crashed chopper

World

UN committee honours NAF officers killed in plane crash

The UN General Assembly’s Fifth Committee on Tuesday observed a minute of silence in honour of about 25 Nigerian military officers killed in a military aircraft crash.

Jimoh Ibrahim

World

UN watchdog flags 849 outstanding recommendations as Jimoh Ibrahim presides

The findings came as Nigeria placed accountability, transparency, efficiency and institutional reform among the priorities of its Fifth Committee chairmanship.

Governor Abba Kabir Yusuf

Faith

Governor Yusuf mourns Sharia chieftain Baba-Ahmed

Governor Abba Kabir Yusuf expressed shock over the death of Nafiu Baba-Ahmed, secretary-general of the Supreme Council for Shariah in Nigeria.