Anti-corruption and elections / EFCC

Alleged $4.5bn Fraud: Court Admits Co-Defendant’s Statement in Emefiele’s Trial

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Monday, May 4, 2026, ruled that the extrajudicial statement made by Henry Omoile, co-defendant to the erstwhile Central Bank of Nigeria (CBN) Governor Godwin Emefiele, is admissible in court. Omoile had challenged the admissibility of his statements to the Economic and Financial Crimes Commission (EFCC), alleging that it was obtained under oppression and inducement. This led to a “Trial-within-Trial” to determine the voluntariness or otherwise of the statement. Omoile is currently facing a three-count charge border…