Arrest warrant: Court gives Emefiele January 25 to appear over $53m debt

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

A Federal High Court in Abuja has given former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, until January 25 to appear in court to explain circumstances surrounding the $53 million-judgment debt arising from the Paris Club refund.

Justice Inyang Ekwo, in a short ruling on Tuesday, gave Emefiele another opportunity to appear in court in person or an arrest warrant issued against him. The development followed a plea by Emefiele and CBN’s counsel, Audu Anuga, SAN, that all efforts to ensure that his client appeared in person on the order of the court were unsuccessful as he was still in custody.

The senior lawyer, however, explained that all efforts were made until Friday to ensure that Emefiele was released on order of the court but the order was not complied with, which necessitated the filing of the affidavit. Anuga, however, told the court that since parties had been exploring settlement before and the CBN had a new governor, they should be allowed to explore settlement option. But Justice Ekwo insisted that Emefiele must appear on the next adjourned day.

 

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:

 /  🏆 11. 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.

Arrest warrant: Court gives Emefiele Jan 25 to appear over $53m debtA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Source: vanguardngrnews - 🏆 5. / 75 Read more »