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Alleged abuse of office: Emefiele released after meeting N50m bail conditions

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The Former Governor of the Central Bank of Nigeria, Godwin Emefiele, has been released after meeting the bail conditions granted him by the Court.

 

Emefiele, who arrived at the Lagos High Court, Ikeja in custody of operatives of the Economic and Financial Crimes Commission (EFCC) on Friday, left for his home after the court proceedings.

Justice Rahman Oshodi, who ruled on his bail application, admitted him to bail in the sum of N50m with two sureties in like sum.

Shortly after the court granted him bail, trial started with the EFCC calling its first prosecution witness.

The witness, a staff of the Central Bank of Nigeria (CBN), Monday Osazuwa, told the court how the former CBN Governor on different occasions, directed him to collect the sum of $3 million cash in tranches.

 

Led-in-evidence by the prosecution counsel, Senior Advocate of Nigeria, Rotimi Oyedepo, the witness narrated to the court how he served as a dispatch rider in Zenith Bank, after which he joined the apex bank as well as the many errands he ran for the former CBN governor.

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He said, “I joined the CBN in 2014 as a contract staff and became staff in 2015. I knew the first defendant when he was a Deputy Director of Zenith Bank, and he later became Director. I worked with him since then.

“I was still working in the governor’s office while I was appointed as a full staff, and we usually communicate through WhatsApp and Emails. I performed as a senior supervisor, recording and filing with other official roles.”

 

He also testified that sometime in 2020, the first defendant sent him on errand.

“When he called me, he directed that I should call a businessman who gave me $1 million dollars on his behalf. Some weeks later, the first defendant also called me that I should meet the man and he gave me $850,000, $750,000 and $400,000 cash in tranches.”

Osazuwa further confirmed to the court that he knew Dumies Oil and Gas Limited while he was in Zenith Bank PlC. He added that that former CBN governor, who was also the MD of the company, always sent him to collect cheques from one Mr Monday.

The witness told the court that he always logged the money into the account of Dumies on the order of Emefiele.

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When he was asked where the second defendant resides, he responded that Henry Isioma Omoile lived in the residence of the former CBN governor.

His words, “Whenever I receive the money and take it to the residence of Mr Emefiele. He always tells me to give it to the second defendant whenever he was not at home.

 

“I did not keep record of transactions because the instruction he gave me was that, I should collect the money and bring the money to his house. The highest amount I collected is $1 million all in cash.

“He has never for one day said take this. I have never been rewarded, paid or given anything because I am doing it out of faithfulness and he knows I am faithful to him.”

The witness was cross-examined by the defendant’s counsel, Abdulakeem Labi-Lawal.

The witness confirmed to the court that he had been working with the defendant since 2002 but he could not say the precise number of years or months he had seen the second defendant.

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Osazuwa said that he was sure that Omoile had been living in Emefiele’s house for some months.

 

He affirmed that Emefiele passed instructions to him through the second defendant and that he had been collecting cheques for Dumies Oil and Gas.

“I started collect collecting cheques for Dummies Oil and Gas when I was in Zenith Bank. I cannot calculate the exact year I have been collecting the cheques but it all started when the first defendant was the MD at Zenith Bank and I was working at Zenith Bank Plc.”

 

The witness told the court that when he was made to confront the second defendant during investigation, the second defendant did not admit that instructions were passed through him.

 

Before the witness testified, Justice Oshodi turned down a request for adjournment made by the defence counsel.

 

He ruled that the request for adjournment was unjustified.

 

The court has adjourned to April 29 for continuation of trial and for hearing of some applications requesting a closed session for some of the prosecution’s witnesses.

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Police rescue Adebayo Adelabu’s sister, her twin sons

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The Nigeria Police Force has rescued Mrs Olaide Busayo Adegoke John-Paul and her 12-year-old twin sons, Peter and Paul, alive during a rescue operation carried out around 7:30 p.m. on Saturday. 

According to reports, two suspected kidnappers were neutralised in a gun duel with police operatives, while two firearms were recovered from the gang.

The victims, including the younger sister of the former Minister of Power, Chief Adebayo Adelabu, were abducted around 7:30 a.m. on June 3, 2026, while on their way to drop the children at school in Ibadan, Oyo State.

Police sources disclosed that sustained intelligence tracking and tactical pressure forced the kidnappers into a confrontation with operatives, leading to the successful rescue of the victims.

The source disclosed that security operatives are still combing nearby areas for fleeing members of the kidnapping syndicate, some of whom are believed to have escaped with gunshot wounds.

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In a statement confirming her abduction, Adelabu’s media aide, Femi Awogboro, said the victims were kidnapped at about 7:30 a.m. while Mrs John-Paul was taking her children to school, leaving the family in distress.

“We are deeply distressed by this unfortunate incident but remain hopeful that the victims will be rescued safely. We appeal to the public to remain calm, avoid speculation, and support ongoing efforts with prayers,” the family’s statement read in part.

She is the youngest of five children of Mrs Olufunmilayo Aduke Adegoke Adelabu, who reportedly retired voluntarily from her career at First Bank Pension Custodian in 2025 before relocating to Ibadan with her children.

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Police debunk claim abducted schoolgirl died in captivity

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The police command in Oyo state has dismissed claim that one of the schoolchildren abducted in Ahoro-Esiele, Oriire LGA, died while in captivity.

In a statement issued on Friday, the command described the report as false, misleading and designed to incite panic among residents.

The police said neither the police nor any security agency involved in efforts to rescue the abducted pupils had confirmed such development.

“The report is false, misleading, mischievous, and without any factual basis whatsoever,” the statement reads.

The command accused the authors of the report of deliberately using unverified claims and emotional narratives to manipulate public opinion and create fear.

“It is particularly disturbing that the authors of the report deliberately employed emotional narratives, speculative claims, and unverified accounts in a calculated attempt to manipulate public opinion and generate anxiety among residents,” the statement added.

The police said ongoing rescue operations are being pursued with professionalism and confidentiality, warning that the spread of false information could undermine security efforts and inflict further trauma on affected families.

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The command cautioned bloggers, social media influencers, online content creators and media organisations against publishing unverified security-related information.

“The indiscriminate sharing of false reports, particularly those capable of inciting fear or causing public disorder, is irresponsible and unacceptable,” the statement said.

The police urged residents to disregard the report and rely only on information released through official channels of the Nigeria Police Force and other authorised government agencies.

The command reiterated its commitment to public safety and assured residents that verified updates on the incident would be communicated as necessary.

Several schoolchildren were recently abducted by gunmen in Ahoro-Esiele, Oriire LGA, prompting a coordinated rescue effort by security agencies.

The police said investigations and rescue operations remain ongoing.

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Oyo school attack: Terrorists’ four-point demand before releasing pupils, teachers

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The abductors of teachers and pupils from three schools in Oriire Local Government Area of Oyo State have reportedly made a four-point demand before they will free the captives.

According to media reports, the abductors, who attacked schools in Esinele, Yawota and Alawusa communities on May 15, are reportedly demanding the release of detained terrorist commanders, payment of ransom, two Hilux vehicles and the implementation of Sharia-related law,  reports.

The two commanders whose release is reportedly being sought are Mahmud Usman, also known as Abu Bara’a or Abbas Mukhtar, and his deputy, Abubakar Abba, alias Isah Adam or Mahmud Al-Nigeri, also called Mallam Mamuda.

The two terrorists are leaders of Jama’atu Ansarul Muslimeena Fii Bilaadis Sudan, JAMBS, also known as Ansaru — a breakaway faction of Boko Haram — and are alleged to have aided and abetted acts of terrorism in the country between 2013 and 2015.

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The two were arrested between May and July 2025 and are currently standing trial on terrorism charges before Justice Emeka Nwite of the Federal High Court, Abuja, in a suit marked FHC/ABJ/CR/464/2025, with their trial commencing on January 15, 2026.

Usman was sentenced to 15 years in prison by Justice Emeka Nwite of the Federal High Court, Abuja, on September 11, 2025, after pleading guilty to one count of illegal mining — which he admitted he used to fund arms procurement for terrorism and kidnapping.

He denied 31 other counts and remains in DSS custody pending trial on those charges.

His deputy, Abba, pleaded not guilty to all 32 counts and is also standing trial before the same court.

Unconfirmed reports also claimed that the terrorists are demanding a ransom put at ₦1bn, which is to be paid into a bank account in the Republic of Benin.

Security analysts have warned that releasing the commanders would pose serious risks to national security.

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Meanwhile, the Oyo State Government has declined to comment on the demands or the state of negotiations, with the Commissioner for Information, Dotun Oyelade, saying it would be “unhelpful” to disclose the government’s strategy while efforts to secure the victims’ release were ongoing.

On May 17, two days after the attack, the abductors released a video showing the beheading of one of the kidnapped teachers, Michael Oyedokun, a mathematics teacher at Community High School, Ahoro-Esinele.

Governor Seyi Makinde confirmed the killing in a statement on Monday, May 18, describing it as deeply painful.

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