• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News Crime

EFCC witness says Emefiele did not benefit from alleged $6.2m CBN funds theft

Witness tells court former CBN governor did not benefit from alleged diverted funds

Quadri Olaitan by Quadri Olaitan
July 2, 2026
in Crime
0 0
0
EFCC

EFCC witness says Emefiele did not benefit from alleged $6.2m CBN funds theft

On Thursday, July 2, 2026, at the High Court of the Federal Capital Territory in Abuja, Nigeria, Mr Okpoziakpo Eloho, a witness of the Economic and Financial Crimes Commission (EFCC), told the court that former Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, did not benefit from the alleged $6.2 million diverted from the apex bank, in the ongoing proceedings concerning the Emefiele $6.2m CBN funds case.

Mr Eloho, who is a Commissioner of Police attached to the Fraud Unit of the Force Headquarters in Abuja, made the disclosure during cross-examination by Mr Mathew Burka, SAN, counsel to the defendant.

Also read: Falana to defend Adeyemi in alleged forgery case over presidency documents

The testimony formed part of ongoing arguments in a case that has drawn significant public attention due to the scale of the alleged financial misappropriation.

According to Mr Eloho, there was no evidence before the investigation team linking Mr Emefiele to any personal benefit from the funds in question.

He told the court that the former CBN governor consistently denied authorising or approving the release of the money to any individual or group.

The witness stated that during an interview conducted on December 13, 2023, at the Kuje Correctional Centre, Mr Emefiele was confronted with allegations regarding the $6.2 million, including claims of approval and authorisation for its disbursement.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

However, he maintained that the defendant denied signing any approval documents or issuing any directive for the release of the funds.

Mr Eloho further told the court that Mr Emefiele also denied receiving any communication from the Secretary to the Government of the Federation relating to the alleged transactions.

He added that the signatures appearing on the disputed documents were also rejected by the defendant as not belonging to him.

“The defendant denied that he signed for the approval or release of the money. He also denied receiving any letter from the SGF. He further stated that the signature on the documents was not his,” Mr Eloho said in court.

The EFCC witness also clarified that, based on the investigation conducted, there was no established link showing that Mr Emefiele personally benefited from the alleged diversion of funds.

His testimony is expected to form part of the broader evidentiary assessment as the court continues hearing the case.

The matter, which continues to attract nationwide attention, is part of a wider probe into alleged financial irregularities involving foreign exchange interventions and public funds during Mr Emefiele’s tenure as CBN governor.

Also read: Falana to defend Adeyemi in alleged forgery case over presidency documents

The court adjourned proceedings for continuation at a later date as both prosecution and defence teams prepare further submissions.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

phone
News

Man nabbed while trying to sell stole mobile phone

by Mariam Balogun
February 23, 2026
Buratai3
Crime

‘You are seeing double’ There was no corpse at the Lekki tollgate, army chief claims eye witnesses were lying

by Rtn. Victor Ojelabi
December 5, 2020
EFCC arrest Gavice Logistics CEO
Crime

EFCC arrest Ahamba Tochukwu, Gavice Logistics CEO over N2bn fraud scandal

by Quadri Olaitan
September 3, 2025
5f86b41a6a856
Crime

‘Police brutality’ My dad, brother were killed by stray bullets fired by policemen, actress reveals

by Rtn. Victor Ojelabi
October 14, 2020
Ronke Okunade PSFU Lagos CP
Crime

Okunade takes helm as new police special fraud unit CP

by Quadri Olaitan
April 10, 2025

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Atiku

Atiku demands answers on ₦144.86bn safe schools fund

August 11, 2026
ISIS

Man admits ISIS attempt after watching YouTube, TikTok videos

August 11, 2026
Disu

IGP Disu calls for stronger Police-Rotary partnership

August 11, 2026
killing

Former OnlyFans model jailed six years over Nigerian man’s killing

August 11, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Atiku

Atiku demands answers on ₦144.86bn safe schools fund

August 11, 2026
ISIS

Man admits ISIS attempt after watching YouTube, TikTok videos

August 11, 2026
Disu

IGP Disu calls for stronger Police-Rotary partnership

August 11, 2026
killing

Former OnlyFans model jailed six years over Nigerian man’s killing

August 11, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Air Peace

    BREAKING: Air Peace flight operations suspended nationwide

    0 shares
    Share 0 Tweet 0
  • Kogi abduction: Survivor reveals how gunmen demanded N100m(VIDEO)

    0 shares
    Share 0 Tweet 0
  • Fani-Kayode warns Jingir’s ticket push could hurt Tinubu’s 2027 chances

    0 shares
    Share 0 Tweet 0
  • JUST IN: Air Peace resumes flights after airport picketing

    0 shares
    Share 0 Tweet 0

Just Published!

Atiku

Atiku demands answers on ₦144.86bn safe schools fund

August 11, 2026
ISIS

Man admits ISIS attempt after watching YouTube, TikTok videos

August 11, 2026
Disu

IGP Disu calls for stronger Police-Rotary partnership

August 11, 2026
killing

Former OnlyFans model jailed six years over Nigerian man’s killing

August 11, 2026
Lateef Adedimeji

Lateef Adedimeji reveals how Allah turned mockery into testimony with triplets

August 11, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.