Emefiele’s $4.5N Fraud Case Takes New Turn As Court Admits Fessh Evidence

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on October 9,2025, admitted more evidence against a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in an alleged $4.5bn fraud.
Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demand preferred against him by the Economic and Financial Crimes Commission (EFCC).
His co-defendant, Henry Omoile, is facing a three-count charge related to the unlawful acceptance of gifts by agents.

They have pleaded “not guilty” to the charges.
At the sitting on Wednesday, October 8, 2025, the prosecution sought to tender a bundle of documents extracted from a phone belonging to John Adetola, a former executive assistant to Emefiele.

The defence counsel, led by Olalekan Ojo SAN and Kazeem Gbadamosi SAN, objected to their admissibility, citing concerns over authenticity and proper certification as required under the Evidence Act.

The judge, consequently, adjourned the case until October 9, 2025, for ruling on the admissibility of the documents presented by the prosecution.
At the sitting on Thursday, Justice Oshodi overruled the objections and ruled that the documents were admissible, saying,”The court overrules the objection of the defence counsel and admits the documents as Exhibit G.”

The prosecution witness, Alvan Gurumnaan, in his further testimony, read out a WhatsApp conversation between Henry Omoile and Adetola in Exhibit G, where the former instructed the latter to deliver $400,000 to “Oga”.

Led in evidence by the prosecution counsel, Rotimi Oyedepo SAN, Gurumnaan also told the court that during interrogation, Adetola confirmed the cash was meant for delivery to a CBN official named Ayo, who served as the personal assistant to the first defendant, Emefiele.

“John Adetola confirmed that he went to Lekki, Lagos, where he met Ayo and delivered the $400,000.

“He later proceeded to the CBN office in Lagos, where he handed the money over to Mr. Emefiele,” Gurumnaan said.