CBN Governor Emefiele to be jailed over N182 billion debt

News
Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Godwin Emefiele, The Central Bank of Nigeria, CBN Governor, has risked a two-year jail term over refusal to pay N182 billion judgment debt.

A contempt charge of two years imprisonment was filed against the CBN Governor (Emefiele) to order N182 billion naira payment to Ogoni people as ordered by the law court.

The 182 billion nairas was awarded against oil giant Shell Petroleum over the devastating oil spills caused by the company in Ogoni land.

Chief Lucious Nwosu SAN represented the Ogoni people and filed the contempt charge praying the Federal High Court in FCT, Abuja, to commit Godwin Emefiele to prison for allegedly disregarding the order of a court that awarded the 182 billion nairas to the aggrieved Ogoni people.

Chief Lucious Nwosu SAN, counsel to the Ogoni people, during sitting on Wednesday, Nwosu expressed disgust over the absence of the Central Bank of Nigeria governor in court.

Chief Lucious Nwosu informed the trial judge, Justice Taiwo Taiwo that the court charge against Godwin Emefiele is quasi-criminal in nature and warranted the CBN governor’s physical presence to answer the charge.

However, Emefieles’ counsel, Damian Dodo, informed the court that it was not his client’s habit to underrate the court of law and assured that his client would do the needful at the appropriate time.

Justice Taiwo Taiwo, after listening to arguments, adjourned the matter till January 26, 2021.

The judge directed that Godwin Emefiele and all those involved in the matter should obey court order during the next adjourned date.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it.

Drop your comment in the section below, and don’t forget to share this post.

Daily Post

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Leave a Reply