HomeBreaking NewsAlleged $4.5bn Fraud:    Court Admits Co-Defendant’s Statement in Emefiele’s Trial

Alleged $4.5bn Fraud:    Court Admits Co-Defendant’s Statement in Emefiele’s Trial

-


Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Monday, May 4,  2026, ruled that the extrajudicial statement made by Henry Omoile, co-defendant to the erstwhile Central Bank of Nigeria (CBN) Governor Godwin Emefiele, is admissible in court.

Omoile had challenged the admissibility of his statements to the Economic and Financial Crimes Commission (EFCC), alleging that it was obtained under oppression and inducement.

This led to a “Trial-within-Trial” to determine the voluntariness or otherwise of the statement.

Omoile is currently facing a three-count charge bordering on unlawful acceptance of gifts as an agent, while Emefiele is standing trial on a 19-count charge filed by the EFCC, bordering on alleged gratification and corrupt demands during his tenure as CBN Governor.

Both defendants pleaded not guilty to all charges.

At Monday’s hearing, C.C. Okezie appeared for the prosecution, while Labi Lawal, SAN, appeared for both first and second defendants.

In his ruling, Justice Oshodi held that the prosecution had successfully proven that the statements obtained on February 26,  2024, were made voluntarily and not under any form of inducement, threat, or coercion.

“I have carefully considered the evidence presented during the mini-trial. The environment was active, and there is no evidence that the second defendant was physically harmed. I am satisfied that the prosecution has proven beyond a reasonable doubt that the statement was made voluntarily,” the judge stated.

The court further ruled that the statements made on February 26, 2024, marked as Exhibits 1–3, were not obtained under duress and were therefore admissible as evidence.

Following the ruling, Justice Oshodi adjourned the case to June 26, June 30, and July 6 and 8, 2026, for continuation of the trial. #Securitynewsalert.com

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Police Seize Illicit Drugs Worth ₦7.8bn in Lagos Raid, Arrest Suspects

...Suspect allegedly offered ₦500m bribe to halt operation, offer rejected and documented  Operatives of Zone 2 Command of the Nigeria Police Force have dismantled what authorities...

NDLEA intercepts Chinese grandma with large illicit drug consignment +VIDEO

 A 63-year-old Chinese grandma, Ting Hung Kiong, has been arrested by operatives of the National Drug Law Enforcement Agency (NDLEA) following her attempt to smuggle...

Kidnap Threat Letters Cause Fear in Ogun Communities as Hunters Seek Government Support

Residents of communities in Odeda Local Government Area of Ogun State are expressing concern following reports that suspected kidnappers have allegedly sent threat letters warning...

Police officer arrested after viral video threatening to shoot civilians who film him

 The Anambra State Police Command has arrested a serving officer after a video of him threatening to shoot and kill any civilian who filmed him...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img