ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, October 17, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Crime Watch

How Emefiele Approved $6.2m For International Election Observers – Witness

Michael made the revelation while testifying at the ongoing trial of Emefiele

by NewsOnline Nigeria
February 12, 2024
in Crime Watch, Headline
0
Emefiele

Emefiele

Witness has narrated how Ex-CBN Governor Emefiele approved $6.2m for international election observers.

 

NewsOnline Nigeria reports that the first prosecution witness in the ongoing trial of Godwin Emefiele, the former governor of the Central Bank of Nigeria, CBN, Ogau Onyeka Michael, on Monday, February 12, 2024, told Justice Hamza Muazu of the Federal Capital Territory High Court, Maitama, Abuja, how the ex-CBN boss approved the payment of $6,230,000 in cash for international election observers in the last 2023 general election.

 

This Nigeria news platform understands that Michael made the revelation while testifying at the ongoing trial of Emefiele.

 

ALSO: PDP Reps Candidate Shot Dead In Ihiala, Anambra

 

Recall that the former CBN boss is standing trial before Justice Muazu on 20-count amended charges bordering on corrupt advantages, conspiracy, criminal breach of trust, forgery, and obtaining by false pretences to the tune of $6,230,000.

 

At the resumed trial on Monday, Michael, a former branch controller of the CBN, Abuja branch, was led in evidence by the prosecution counsel, Rotimi Oyedepo, SAN, who identified the documents presented to him by the prosecution, adding that he worked on the documents.

According to him, on January 8, 2023, a request for payment of $6,230,000 came to his office, and documents for the disbursement of the money in cash for international election observers were approved by the then-CBN boss.

 

“My Lord, all requests for payments are usually channelled to the branch controller, and that is my office. And on that day, My Lord, the request to my office was $6,230,000, and my attention was drawn towards it by my office assistant. It came from the Banking Services Department, and the memo carried the signature of the Director, Banking Services, with an instruction to the branch controller to pay the sum of $6,230,000 to a staff of the Secretary to the Government of the Federation, bearing the name and identity card of the person,” he said.

 

Continuing, Michael explained that: “It stated that the payment was for election observance and be paid cash in the naira equivalent of the said amount. It further stated that the money should be refunded in the second quarter of 2023 by the Federal Ministry of Finance. My Lord, the document also stated that ‘find attached the approval of the Governor of the Central Bank of Nigeria for the payment’.

 

“Also, the memo had an attached approval of the then Secretary to the Government of the Federation and that of the then President of the Federal Republic of Nigeria. Having gone through the document and satisfied that it met the requirement, I then minuted it to the head of the Banking Services Unit for processing and subsequent payment. Mr. Williams, Head of Banking Services, compiled and made the payment on April 8, 2023, and the payment was in cash. I can identify the document because it also carries my signature.”

 

Oyedepo, while trying to tender all six documents as exhibits, told the court that two of the documents that had the former SGF and the President’s approval were photocopies and therefore sought to tender the remaining four, which were original, praying that the remaining two be tendered later in the course of the trial. He also asked the court for a 30-minute stand-down to go to the CBN complex and secure the original copies.

 

Defence counsel, Mathew Bukka, SAN, objected to Oyedepo’s prayers, arguing that since the case was slated for February 12 and 13, he moved that the matter be adjourned till February 13, arguing further that the 30 minutes sought by Oyedepo wouldn’t be enough for the prosecution to secure the original documents from the CBN.

 

After listening to their arguments, Justice Muazu adjourned the matter until February 13, 2024, for the continuation of the trial.

Previous Post

BREAKING: PDP Reps Candidate Shot Dead In Ihiala, Anambra

Next Post

BREAKING: Official Exchange Rate Falls Massively To New Record Low, See New Exchange Rate

Next Post
Naira

BREAKING: Official Exchange Rate Falls Massively To New Record Low, See New Exchange Rate

Trending Stories

Emefiele

How Emefiele Approved $6.2m For International Election Observers – Witness

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

Ifunanya Lawyer Leaked Video

Ifunanya Lawyer Leaked Video Goes Viral On Twitter, Reddit, Instagram, Youtube

Ifunanya Delilah

Ifunanya Lawyer Photos Breaks the Internet: Watch Ifunanya Lawyer Photos Here

Notti Osama Video Footage

WATCH Notti Osama Video Footage Of Death On Tiktok, Twitter, & Reddit

UBA Money Transfer Codes: Everything To Know About UBA Transfer PIN (*919#)

UBA Money Transfer Codes: Everything To Know About UBA Transfer PIN (*919#)

Balthazar Video Telegram

Direct Link To Watch All Baltasar Engonga 400 Videos With Government Officials Wives

Google

Google Urges Nigerian Businesses to Rethink Search Advertising Ahead of Black Friday 2026

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

INEC

INEC Opens 2026 Recruitment Portal, Invites Applications for Entry-Level Jobs

Latest Stories

NNPCL

BREAKING: NNPCL Raises Petrol Price Amid Disputed Fuel Discount

Faisal Maina

DSS Arrests Fugitive Faisal Maina, Hands Over Ex-Pension Chief’s Son to EFCC

AFRIFF 2026

AFRIFF 2026 Unveils Programme for 15th Edition, Celebrating Africa’s Creative Intelligence

AFRIFF 2026

AFRIFF 2026 Unveils 135 Films, AI Initiatives, International Co-Production Deals for 15th Edition

Atiku Abubakar

EFCC Reopens Investigation into Atiku Abubakar Following Fresh Petition by Ex-Lawmaker

Toluwanisings

BREAKING: Gospel Singer, Toluwanisings Reportedly Dead

Sanwo-Olu

Sanwo-Olu Redeems Pledge, Donates Brand-New Coaster Bus to Pro-Tinubu Group Ahead of 2027 Elections

Alpha Morgan Bank

Alpha Morgan Bank Relocates Head Office to Lagos, Records ₦1.9bn Pre-Tax Profit

AI

Democratising intelligence: How low-code AI is levelling the playing field for Nigerian mid-market firms

Zenith Bank

Zenith Bank Empowers 300 Girls with Financial Literacy, Mentorship in Lagos

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria