EFCC Witness Links Emefiele to Properties Worth Billions in Court Testimony

An EFCC investigator told the Ikeja Special Offences Court that former CBN Governor Godwin Emefiele allegedly acquired high-value properties through associates while in office. Emefiele is facing charges that include alleged gratification, corrupt demands and abuse of office. His co-defendant, Henry Omoile, is also standing trial over alleged unlawful acceptance of gifts. The investigator alleged that a company paid about $17 million through Emefiele’s staff, and listed properties allegedly linked to the former CBN chief. These included homes in Lagos, a factory in Agbor, a warehouse in Ogun State, an 11-storey building under construction and an estate of about 750 houses in Abuja. He also said assets worth more than ₦100 billion had been forfeited to the Federal Government. Emefiele’s lawyer objected to the testimony, arguing that it was irrelevant to the charges. The judge overruled the objection, saying the defence could cross-examine the witness. The trial was adjourned until Friday.

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