Court threatens Emefiele with arrest warrant over $53m debt Paris Club refund

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 69%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

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.   Justice Inyang Ekwo, who ordered Emefiele to appear on the next adjourned date, said he was minded to exercise a restraint in the proceeding to give the ex-CBN boss an opportunity to explain himself.   The development occured following an intervention by Emefiele’s counsel, Audu Anuga, SAN, praying the court to give his client another opportunity due to the fact that they had been unable to reach him since the last order, directing him to appear in court. Anuga told the court that Emefiele, who was suspended as CBN governor, had been in detention. He said all efforts to reach him to communicate the directive of the court to him were unsuccessful.   The News Agency of Nigeria (NAN)…

A Federal High Court, Abuja, on Wednesday, threatened to issue a warrant of arrest against suspended Governor of, 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.

Agi had dragged Linas International Ltd, Minister of Finance, CBN and Emefiele to court as 1st to 4th judgment debtors respectively, following an application for garnishee made by him as judgment creditor in the case. Upon resumed hearing on Wednesday, Ayodele Arotiowa, who appeared for Agi, was about to make a submission when Justice Ekwo asked Emefiele’s lawyer if he had complied with the order.

Anuga said: “But the public information now is that he has been suspended. And opportunity has to be given to him to comply.”“I have given you enough opportunity but you are taking it for granted,” the judge said, while directing Anuga to give a good reason why the court should not issue a warrant of arrest against Emefiele.

The judge, consequently, adjourned the matter until Oct. 31 for the CBN and Emefiele to show cause why an arrest warrant should not be issued against the former CBN governor.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Paris Club Refund: Court threatens to issue arrest warrant against detained EmefieleMr Emefiele, who has been in the custody of the SSS since 10 June, faces the prospect of a court arrest warrant over the Paris Club refund saga.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Court threatens Emefiele with arrest over $53m Paris Club refund - Punch NewspapersThe Federal High Court, Abuja, on Wednesday, threatened to issue a warrant of arrest against the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele.
Source: MobilePunch - 🏆 8. / 63 Read more »

Paris Club Refund: Court Threatens Arrest Warrant Against Detained CBN Governor, Emefiele Over Role In $53million Debt | Sahara ReportersThe Federal High Court sitting in Abuja, on Wednesday, warned that it would issue an arrest warrant against the detained, suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over his failure to appear in court to explain circumstances surrounding the $53million judgment debt arising from the Paris Club refund. SaharaReporters had reported on June 9, that Emefiele who suspended as the CBN Governor by President Bola Tinubu was arrested by the Department of State Services (DSS).
Source: SaharaReporters - 🏆 9. / 63 Read more »

‘I won't interfere with case’ -- Emefiele asks court to grant him bail | TheCableGodwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), has asked a federal high court in Lagos to grant him bail...
Source: thecableng - 🏆 2. / 80 Read more »

Court threatens Emefiele with arrest warrant over $53m unpaid judgement debtA Federal High Court, Abuja, on Wednesday, threatened to issue a warrant of arrest against suspended Governor of Central Bank of Nigeria (CBN), Godwin
Source: DailyPostNGR - 🏆 11. / 59 Read more »

‘I won't interfere with case’ -- Emefiele asks court to grant him bailGodwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), has asked a federal high court in Lagos to grant him bail...
Source: thecableng - 🏆 2. / 80 Read more »