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EFCC Witness Tells Court How Funds Were Moved From CBN Through Emefiele’s Wife

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A business relationship manager with Zenith Bank PLC, Ifeoma Ogbonnaya, has told a Lagos High Court sitting in Ikeja how funds were moved from the Central Bank of Nigeria (CBN) through Zenith Bank to some accounts linked to Mrs Margaret Emefiele, wife of a former Governor of the CBN Godwin Emefiele.

Ogbonnaya who is the fifth prosecution witness testified in the trial of Godwin Emefiele and his co-defendant, Henry Omoile, on charges of alleged abuse of office to the tune of $4.5 billion and N2.8 billion

Led in evidence by EFCC’s Prosecutor (SAN) Rotimi Oyedepo, the witness told trial Judge Rahman Oshodi that she never had any dealings with the former CBN governor but testified that several transfers running into billions from apex bank were made into private companies linked to Mrs Emefiele.

The inflows were for services rendered by the companies for CBN.

She listed the private companies that received the cash flow from CBN, as Limelight Multidimensional Services Ltd, Comec Support Services Ltd, Andswin Resources Solution Ltd, and Magofarm.

The witness also testified that the two signatories to the accounts are one Mr Stephen and Mrs Patricia but that all transfer instructions were authorised by Mrs Emefiele.

She said apart from Mrs Emefiele she also receives instructions from two other people – Mr John Ogah and one Mr Opeyemi Oludimu – who works for Emefiele but is now late.

“Mrs Margaret Emefiele, the ex-CBN governor’s wife is the direct beneficiary of the accounts. The companies send transfer instructions to my email and all transactions made in the accounts were confirmed by Mrs Emefiele before they were processed,” she stated.

“Whenever she sends transfer instructions directly to my official email address with Zenith Bank or sends it through two other persons that work with them, I usually confirm from her.”

The witness also explained that Limelight manages the facilities of CBN, located in the Alakija area of Lagos, and noted that all transactions about power and fixing things that are not working were always done by the vendors.

“Andswin was basically used to provide diesel to their vendors. Magofarms deals with piggery and poultry. For Comec, they also had facilities for the CBN guest house in Ikoyi.”

Ogbonnaya also told the court about some of the cash flows the accounts received.

“On February 22, 2021, there was a cash flow of N42,988,758.75 from CBN, on July 21, 2022, there was a cash flow of N37,279,964.70. On October 21, 2022, there was a credit flow of N44,641,077.60, on May 10, 2023, there was a cash flow of N93,100,000, from CBN, among others,” the witness said.

She said the bundles of documents which entailed the various transactions were printed from her desktop computer.

“The documents were sent to my email and when the investigation started, I was requested to print all the documents for the law enforcement which I did. I printed them from the office desktop and took them to the compliance officer.

“I also have certificates confirming that these documents were printed from Zenith Bank.”

With no objections from the defence team, the court admitted in evidence, the certificate of identification and the bundle of printed documents which contained the various transactions the witness purportedly carried out under Mrs Emefiele’s instructions.

Justice Oshodi also granted a request by Mr Emefiele’s lawyers to recall the first prosecution witness Monday Osazuwa for a further cross-examination.

The trial was then adjourned till July 10, for continuation.

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EPL: Chelsea Edge Tottenham In Seven-Goal Thriller

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Chelsea came back from two goals down to defeat Tottenham 4-3 in Sunday’s Premier League game.


Details later…

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Ghana: Tinubu Congratulates Presudent-Elect John Mahama In A Telephone Call

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President Bola Tinubu has congratulated President-elect John Dramani Mahama on his victory in the December 7 general election in Ghana, following his opponent’s concession speech.

In a telephone call to Mahama, President Tinubu hoped that Mahama’s ascension to power for the second time would further bring stability to the Economic Community of West African States (ECOWAS), of which President Tinubu is the chairman.

President Tinubu commended the people of Ghana for their commitment to democracy, which was demonstrated through the peaceful and successful conduct of both the presidential and parliamentary elections.

He applauded Ghanaians for demonstrating again to the world that democracy is the preferred path to achieving political stability, economic development, social justice, and transparent governance in Africa.

He affirmed that Nigeria’s and the region’s belief in the principles of the people’s right to choose their leaders freely will remain a source of pride.

The Nigerian leader applauded the candidate of the governing New Patriotic Party (NPP), the Vice President of Ghana, Dr Mahamudu Bawumia, for conceding defeat before the official announcement by Ghana’s Electoral Commission.

President Tinubu said Bawumia’s stance reinforced Ghana’s democratic ethos.

President Tinubu noted that President-elect Mahama’s return to Jubilee House, having served as President from 2012 to 2017, reflects the Ghanaian people’s trust in his stewardship and vision to take the country to greater heights.

Mahama served as Vice President of Ghana from 2009 to 2012, Member of Parliament from 1997 to 2009, and held deputy and ministerial roles between 1998 and 2001.

President Tinubu renews his steadfast support for deepening the fraternal bonds between Nigeria and Ghana, underpinned by shared history, cultural ties, mutual support and cooperation, Pan-African goals, democracy, the rule of law, and economic integration.

The Nigerian leader thanks President Nana Akufo-Addo for his exemplary leadership and numerous contributions to Ghana’s progress and regional peace and stability.

The President looks forward to working with President Mahama’s incoming administration to strengthen bilateral ties across various sectors and build a brighter future in the West Africa region

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NDLEA Arrests Engineer For Allegedly Concealing Illicit Drugs In Pressure Machines

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The National Drug Law Enforcement Agency (NDLEA) says its operatives have arrested a suspected drug trafficker, Egwu Phillip Inya, who claims to be a building engineer, while attempting to take delivery of illicit consignments concealed in pressure machines imported from South Africa.

According to a statement by the NDLEA spokesperson, Femi Babafemi on Sunday, the 42-year-old Egwu was arrested on Monday 2nd December 2024 at Okeyson motor park Enugu when he showed up to collect three units of pressure machines inside which were hidden parcels of Loud, a synthetic strain of cannabis, weighing 7.40 kilograms.

Babafemi stated that the consignments had arrived the Murtala Muhammed International Airport, Ikeja Lagos import shed on 29th November 2024.

“Following credible intelligence, officers of the MMIA Strategic Command of the Agency had monitored the shipment pass through clearing processes up to a logistics company’s warehouse outside the airport where it was to be collected by the consignee.

“The importer however changed the point of collection to Enugu at the last minute. As a result, NDLEA operatives in a follow up operation in Enugu arrested Egwu when he showed up to collect the consignments.

“No fewer than 511,000 pills of tramadol were recovered from a Siena vehicle at Hildi, Askira Uba way in Adamawa state by NDLEA operatives on patrol along the road in the early hours of Friday 6th December.

“The occupants of the vehicle had made a detour on sighting the NDLEA team and after a distance abandoned the vehicle with the consignments after noticing the operatives were on their trail,” the statement said.

It also added that in Ekiti State, two suspects, Olanrewaju Alale, 48, and Babatunde Kayode Ijadahun, 55, were arrested along Ise- Emure road in a J5 bus marked EPE 958 XJ while transporting 108 jumbo bags of cannabis weighing 1, 323 kilograms to Owo, Ondo state from where they claimed the consignment will be moved to the North for distribution.

It further read, “Another suspect, Adekunle Yusuf, 33, was nabbed by NDLEA operatives with 704 kilograms of the same psychoactive substance, concealed in white sacks on Friday 6th December at Idere road, Igboora, Oyo state.

“In Lagos, a grandmother, 65-year-old Ramata Bola Adeyemo was on Friday 6th December arrested by NDLEA operatives at 62 Odunfa street, Lagos Island, where 20.6 litres of codeine-based syrup were recovered from her. Also arrested in Lagos was Alhaji Lawan Manga who was picked at Ogundana Street, Ikeja on Thursday 5th December while 4.7kg cannabis and 1.3kg tramadol were recovered from him.

“With the same vigour, Commands and formations of the Agency across the country continued their War Against Drug Abuse, WADA, sensitization lectures to schools, worship centres, workplaces and communities among others in the past week. These include: WADA sensitisation lecture to students and staff of Progressive Secondary School, Ado Awaye, Oyo state; Muslim Grammar School, Ede, Osun state; Government Girls College, Maiduguri, Borno state; Community Secondary School, Ogale, Rivers state; Santa Maria Secondary School, Igogoro, Enugu state; and Chiranci Upper Basic Junior Secondary School, Bichi, Kano state while Lagos State command of NDLEA organised WADA enlightenment lecture for leaders and members of NURTW, Orile Agege, Lagos, among others.

Commending the officers and men of MMIA, Adamawa, Ekiti, Lagos, and Oyo Commands of the Agency for the arrests and seizures, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd), stated that their operational successes and those of their compatriots across the country especially their balanced approach to drug supply reduction and drug demand reduction efforts are well appreciated.

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