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Thursday, April 25, 2024

Emefiele meets Buhari at Villa

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Embattled Governor of Central Bank of Nigeria (CBN) Godwin Emefiele met with President Muhammadu Buhari at the Presidential Villa, Abuja on Thursday.

Emefiele was also part of the audience Buhari granted the Arab Bank for Economic Development team at the Villa.

The governor who was away on annual leave returned to the country on January 12.

He has been the focus of security agencies for arrest over alleged corruption and involvement in terrorism financing.

The Nation reports that weeks earlier, the Department of State Service (DSS) sought a court order to arrest him but the request was rejected by the Federal High Court sitting in Abuja.

The DSS asked the court to order the arrest of the CBN Governor over alleged “acts of financing terrorism, fraudulent activities and economic crimes of national security dimension.”

On October 20, 2022, Justice Inyang Ekwo sitting in the Federal High Court in Abuja summoned Emefiele over the $53m judgment debt arising from the Paris Club refund.

The court ordered him to appear on Wednesday, January 18, 2023, as the hearing date.

However, Emefiele filed an appeal against the FHC ruling, saying that Justice Ekwo erred in law and occasioned a miscarriage of justice when he made an order compelling his attendance in court for the $53 million debt.

The media outfit also reports that Wednesday’s proceedings could not go on as planned when the matter was called, making the court adjourn the case till March 20, 2023.

 

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