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Home Featured News

Emefiele: EFCC to Appeal N100m Fine

by NationalInsight
January 9, 2024
in News
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The Economic and Financial Crimes Commission, EFCC, has expressed dissatisfaction with a judgment of the Federal Capital Territory, FCT, High Court awarding N100 million damages against it in favour of a former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele.

Justice O.A. Adeniyi, on Monday, January 8, 2024 fined the Commission after he ruled that the Commission’s detention of Emefiele in the course of his investigation was a violation of his right to liberty.

EFCC in a statement signed by Dele Oyewale, Head, Media & Publicity said the decision failed to take cognizance of the fact that the former CBN boss was held with a valid order of court.

Consequently, the Commission will approach the Court of Appeal to set it aside.

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Tags: CBNCentral Bank of NigeriaEFCCGodwin Emefiele
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