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    MarketForces Africa » MarketForces News » Ex-CBN Aide Reveals no Records of Alleged $400,000 Received for Emefiele

    Ex-CBN Aide Reveals no Records of Alleged $400,000 Received for Emefiele

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiMay 26, 2025 News No Comments2 Mins Read
    Ex-CBN Aide Reveals no Records of Alleged $400,000 Received for Emefiele
    Godwin Emefiele, Ex CBN Governor
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    Ex-CBN Aide Reveals no Records of Alleged $400,000 Received for Emefiele

    The seventh prosecution witness, Mr John Adetola, told an Ikeja High Court that he did not document the alleged $400,000 he handed to the former Central Bank Governor (CBN), Godwin Emefiele.

    Adetola, an executive assistant to the former CBN governor, said this on Monday while being cross-examined by Emefiele’s lead counsel, Mr Olalekan Ojo (SAN), in the ongoing trial of Emefiele.

    Emefiele is standing trial on a 19-count charge bordering on receiving gratification and corrupt demands. Emefiele’s co-defendant, Henry Omoile, is facing a three-count charge bordering on unlawful acceptance of gifts by agents.

    Adetola, also admitted that he did not present any WhatsApp chat or telephone conversation to the Economic and Financial Crimes Commission (EFCC), informing Emefiele about collecting the $400,000 on his behalf.

    Adetola had, in his evidence-in-chief testified that he delivered $400,000 to Emefiele. However, under cross-examination, Adetola admitted that he did not keep any record of the alleged $400,000 receipt.

    He narrated that in 2018, Mr Eric Odoh sent him a WhatsApp message instructing him to collect the sum from one John Ayoh and hand it over to Emefiele when he arrived in Lagos.

    “I went to John Ayoh’s house at Lekki; he gave me an envelope. I came back to the office and gave it to the former CBN governor,” the witness said.

    The witness also told the court that in his extrajudicial statement, made while in EFCC custody, he did not mention any WhatsApp or telephone conversation with Emefiele regarding the $400,000.

    Adetola denied any agreement with the EFCC to testify against Emefiele in exchange for immunity from prosecution. He added that the EFCC confronted him with WhatsApp printouts related to the alleged money.

    While being cross-examined by Mr Adeyinka Kotoye (SAN), counsel to the second defendant, the witness confirmed he had no dealings with the second defendant in relation to his testimony.

    During re-examination by EFCC counsel, Rotimi Oyedepo (SAN), the witness was asked why he did not document the $400,000 he allegedly collected on Emefiele’s behalf. “I didn’t see any need for it,” he replied. Justice Rahman Oshodi thereafter discharged the witness and adjourned the case until May 27 for continuation of trial. #Ex-CBN Aide Reveals no Records of Alleged $400,000 Received for Emefiele#

    Equities Investors Gain N583bn as NGX Index Hits Historic High

    EMEFIELE
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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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