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    MarketForces Africa » MarketForces News » Alleged N4bn Fraud: Court Adjourns Ex-Governor Obiano’s Trial Indefinitely

    Alleged N4bn Fraud: Court Adjourns Ex-Governor Obiano’s Trial Indefinitely

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiNovember 25, 2025Updated:November 25, 2025 News No Comments2 Mins Read
    Alleged N4bn Fraud: Court Adjourns Ex-Governor Obiano’s Trial Indefinitely
    Willie Obiano, Ex-Gov, Anambra State
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    Alleged N4bn Fraud: Court Adjourns Ex-Governor Obiano’s Trial Indefinitely

    The Federal High Court, Abuja, on Tuesday, adjourned the trial of former Anambra Governor Willie Obiano over alleged ₦4 billion fraud indefinitely.

    This followed an application by the prosecuting agency, the Economic and Financial Crimes Commission (EFCC) that the matter be adjourned sine die. (Indefinitely)

    When the case was called before Justice Mohammed Umar, the prosecuting counsel Mr S.O. Obila informed the court that, the matter was coming up before the judge for the first time.

    He, however, said that he had instruction from the lead prosecuting counsel to ask the court to adjourn the matter sine die.

    “In the light of this, I have the instruction of the lead prosecuting counsel in this case, Mr Sylvanus Tahir, SAN to apply to the Chief Judge that since we had called nine witnesses before the previous judge, Justice Inyang Ekwo, we should wait for him to return and conclude the matter,” he said.

    He therefore prayed the court to adjourn the matter “sine die”.

    Responding, counsel to Obiano, Mr Onyeachi Ikpeazu, SAN said that he was not opposing the application for adjournment since the prosecutor explained to him the difficulty his team had in getting the nine witnesses who had already testified.

    The trial Judge, Justice Mohammed Umar subsequently adjourned the matter sine die. Obiano, who was governor of Anambra from March 2014 to March 2022, was arraigned by the EFCC on Jan. 24, 2024, on a nine-count money laundering charge.

    The anti-graft agency alleged that he misappropriated over ₦4 billion from the state’s security vote account, diverting funds into private entities and converting some into foreign currency.

    In April 2024, Justice Ekwo refused to quash the case, ruling that the court had jurisdiction and that a prima facie case had been established against him.

    Nine witnesses have so far testified in the trial, including a Bureau de Change (BDC) operator who claimed he received about ₦416 million over eight months from the state’s security vote account.

    The case was stalled, in part, because of Justice Ekwo’s suspension by the National Judicial Council. UK, Canada, Australia Unveil Joint Campaign Against Visa Fraud

    Anambra Obiano
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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