Court threatens Emefiele with arrest warrant over $53m unpaid judgement debt

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A Federal High Court, Abuja, on Wednesday, threatened to issue a warrant of arrest against suspended Governor of Central Bank of Nigeria (CBN), Godwin

Emefiele, over his failure to appear in court to explain circumstances surrounding the 53 million dollar-judgment debt arising from the Paris Club refund.

The News Agency of Nigeria reports that Justice Ekwo had, on Oct. 20, 2022, ordered the CBN governor to appear in court on Jan. 18 over his alleged refusal to obey the order of the court for the payment of the judgment debt in favour of a legal practitioner, Joe Agi, SAN. No sooner had Emefiele been suspended than the Department of State Services , on June 10, announced his arrest and detention.

“We rely only on public communication that the 4th respondent is incarcerated and have been unable to communicate with him,” Anuga responded.The judge, who said the CBN had no case to answer, said Emefiele was sued in his personal capacity. The senior lawyer said since his client was still in detention after his suspension despite an order mandating his release, there was nothing they could do.“But there is an intervening event, as we have not had the privilege to see him.“I feel opportunity should be given so that this can be communicated,” he pleaded.

 

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