

News
Alleged 593 Foreign Bank Accounts: Emefiele fights back, vows to pursue investigative report in Court
Published
1 year agoon
The embattled former governor of the Central Bank of Nigeria, Godwin Emefiele has vowed to contend the investigative report in court which indicted him and accused him of wiring billions of naira and in dollars to 593 foreign bank accounts.
Describing the report by Jim Obazee who was appointed investigator to probe his seven years administration as governor of the apex bank as satanic, false and self-serving, disclosing that he would have a field day in Court with those who are out to smear his hard earned name through a fictitious report.
Emefiele who was arrested and detained for over six months was released last week from Kuje prison, only to be greeted with investigative report that he stole billions and illegally kept them in foreign banks.
He issued a statement on Sunday, debunking stealing and operating foreign accounts.
He insisted that the report was false and malicious, stressing that he has instructed his team of lawyers to kickstart lawsuit with the aim of clearing his name.
“After my release on bail from the correctional centre, Kuje, my attention was drawn to publications released against me. The sources of information were credited to a certain report prepared by a Mr. Jim Obazee, who was appointed by the President as a private investigator.
“I have gone through the publications, and I say boldly that the contents of the said publications are false, misleading and calculated to disparage my person, injure my character and to serve the selfish interest of the private investigator.
“Because of my present situation, I have been advised by my lawyers not to say anything in respect of the matters which have been submitted to the court for adjudication. However, I need to addressed some of the issues raised in the publication which are barefaced lies told by the investigator in order to achieve his satanic agenda
“First, it was reported that, contrary to the provision of the CBN Act 2007, there was no presidential approval for the Naira redesign. I wish to state unequivocally that there was indeed a presidential approval, and the said approval was handed over to the same Jim Obazee during the process of his investigation in the presence of senior CBN officials and his own investigative team.
“Moreover, the former President Muhammadu Buhari GCFR has stated on a number of occasions that he authorised and approved the Naira redesign. I am therefore at a loss as to why Mr. Jim Obazee will mislead Nigerians that there was no presidential approval.
“The report also claimed that the sum of 6.23 million dollars was withdrawn from the CBN vault based on a false presidential directive bearing the signature of the former president Muhammadu Buhari GCFR, and that of the former secretary to the government of the federation (SGF), Mr. Boss Mustapha.
“About two weeks ago, Jim Obazee in company of a certain Deputy Commissioner of Police from Force CID came to Kuje to ask me questions in respect of the said document in the presence of my lawyers.
“I stated verbally and in writing that I have no knowledge of such directive from the former president and the former SGF. Infact, I told them that that was the first time I would be seeing the documents.
“On this, I challenge Jim Obazee to publish the said documents and also the statements that I made to them.
“The final issue that I will like to respond to is the issue of the 593 accounts which were purportedly opened in different parts of the world. I state categorically that I am not involved in the opening of these accounts and I do not have knowledge of their openings. The fixed deposits in those foreign accounts are definitely outside my knowledge.
“However, let me state clearly, that the relevant departments of the CBN have the authority to carry out such activities in line with their lawful mandate within the CBN.
“I therefore join well-meaning Nigerians who have spoken on this matter and have demanded a thorough and transparent investigation of all these alleged frauds. Meanwhile, I have instructed my lawyers to immediately commence legal process to clear my name from the defamatory statements contained in the report and by extension the publications”.
News
Defection Gale: Osun Federal legislators pledge loyalty to Adeleke, PDP
Published
4 hours agoon
April 26, 2025
Senators and House of Representatives members from Osun State have renewed their loyalty to the executive governor of Osun State, Senator Ademola Jackson Adeleke and the Peoples Democratic Party, PDP.
Their fresh commitment was coming amid defection of of one of the Reps member representing Obokun/Oriade Federal Constituency, Hon. Woke Oke to the All Progressives Congress, APC.
The defection raised concerns in Osun State that lawmakers who were elected on the platform of the Peoples Democratic Party might have concluded plans to join the APC.
CAPITAL POST gathered on Friday that the three Senators pledged their loyal to Adeleke administration and the Peoples Democratic Party, despite gale of defections rocking the PDP across the country.
Also other members of the House of Representatives, eight in number have distanced themselves from the defection of Wole Oke and reaffirmed their commitment to Governor Adeleke’s administration.
Letter of commitment issued by the three Senators was sighted by CAPITAL POST on Saturday, making a categorical statement that they were unperturbed and believed in the administration of Ademola Adeleke.
The statement signed by Senator Francis Fadahunsi (Osun East), Senator Oyewumi Olalere (Osun West), and Senator Fadeyi Olubiyi (Osun Central) read: “The three senators from Osun State hereby resolve and wish to state categorically that we remain steadfast with our amiable and performing Governor, Senator Ademola Jackson Nurudeen Adeleke and the People’s Democratic Party (PDP).
“We pledge our unalloyed loyalty to the people’s governor and our great party, the PDP.”
The statement of the Reps members, signed by Bamidele Salam (Ede North, South/Egbedero/Ejigbo Constituency), Ajilesoro Abimbola Taofeek (Ife Central/East/North/South Constituency), Mudashiru Lukman Alani (Ayedire/Iwo/Ola-Oluwa Constituency), Akanni Clement Ademola (Boluraduro/Ifedayo Ila Constituency), Omirin Emmanuel Olusanya (Atakunmosa East/Atakunmosa West/Ilesa East/Ilesa West Constituency), Adewale Moruf Adebayo (Irepodun/Olorunda/Oshogbo/Orolu Constituency ), Adetunji Abidemi Olusoji (Odo-Itin/Ifelodun/Boripe Constituency) and Oladebo Lanre Omoleye (Ayedaade/Irewole/Isokan Constituency), read:
“The defection of our colleague, Hon. Wole Oke, is a personal decision that holds no bearing on the stability or cohesion of the PDP in Osun.
“The remaining eight members of the caucus remain fully committed to the ideals and leadership of the party.”
They commended Adeleke’s efforts in education, healthcare, infrastructure and social welfare.
“The achievements of Governor Adeleke are visible across all sectors — education, healthcare, infrastructure, and social welfare.
“His governance style continues to inspire confidence within the party and among the people of Osun,” they added.

Minna, capital of Niger State has been designated as an alternative airport to the Nnamdi Azikiwe International, Abuja.
The Airport which is now Bola Ahmed Tinubu International Airport, Minna, has Ben designated because its closeness to the Federal Capital Territory, Abuja.
The news of its designation was broken by the Minister of Aviation and Aerospace Development, Festus Keyamo.
He stat3d this at the flight inauguration of Overland Airways’ commercial flights from the Minna airport.
Highlighting the airport’s capacity and strategic relevance, Keyamo praised the facility’s infrastructure and its potential to serve as a major aviation hub.
“The runway is an international runway; a 747 and a triple seven can use this runway. Why, over the years, this has been underutilised is still a puzzle,” the minister said.
He emphasised that the airport meets international standards in both physical and operational aspects, and expressed surprise at its previous underuse.
“Our eyes are on this airport. By the powers conferred on me, I declare Minna Airport as the alternative to Abuja Airport. NCAA, FAAN, take note,” Keyamo declared.
The declaration is expected to bolster aviation traffic in Minna and serve as a strategic relief point for flight operations in the North, especially during emergencies or congestion at the Abuja airport.
Also, yesterday, the Minister of Information and National Orientation, Mohammed Idris, spoke on the importance of robust collaboration between state governments and the Federal Government.
This, he said, was important in advancing the nation’s developmental agenda.
The minister stated this when the inaugural commercial flight from the Bola Ahmed Tinubu International Airport, Minna, landed at the Nnamdi Azikiwe International Airport Abuja.
He said that sustainable national progress can only be achieved when all tiers of government work in synergy, pooling resources, aligning policies, and coordinating efforts to deliver impactful governance to the people.
The Bola Ahmed Tinubu International Airport, Minna was built by the administration of Umaru Bago in Niger State and named after the President.
“One of the key issues that we need to talk about is the kind of collaboration that Mr. President is always talking about between the Federal Government and the sub-nationals. This is one great example that Niger State has shown that the states can indeed come together with the Federal Government to collaborate in order to bring prosperity to Nigerians,” he said.
The inaugural commercial flight, Overland Air with Registration Number 5N-CCN landed at the Nnamdi Azikiwe International Airport at 1:32pm conveying the first set of passengers including the Niger State Governor, Mr. Umaru Bago, Minister of Information and National Orientation, Mohammed Idris, former Niger State Governor, Dr. Babangida Aliyu, the Minister of State for Agriculture and Food Security, Senator Aliyu Sabi Abdullahi and other top government officials.
The Minister expressed profound appreciation to President Tinubu for providing the enabling environment that facilitated the successful commencement of operations at the Bola Ahmed Tinubu International Airport in Minna.
He noted that this milestone reflects the President’s unwavering commitment to infrastructural development and improved connectivity across the country.
The Minister also hailed Governor Bago, for his visionary leadership in opening up the Niger State for agricultural development, commercial activities, industrial growth, and overall economic prosperity.
He described Bago’s efforts as a demonstration of uncommon passion and dedication to the advancement of Niger State and the well-being of its people.
“We have to appreciate our president like our Governor has said. This is indeed a dream come true. The Governor has indeed made this happen. He is so passionate about opening up Niger State for agriculture, commerce, industry and prosperity,” he said.
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