As FG Closes Case, Onnoghen to Make No-case Submission - THISDAYLIVE

Says he took $500,000 bank loan, has only $56,878 in domiciliary account

Onnoghen is facing a six-count charge bordering on incomplete asset declaration. Media reports, particularly in the social media, apparently promoted by the federal government, had speculated that the CJN had fat foreign currencies based accounts and scores of houses undeclared as required by law. The trial took a new twist as an official of Standard Chartered Bank, Ms. Ifeoma Okeagbue, confirmed to the tribunal that Onnoghen was granted a loan of $500,000 by the bank, as of January this year.

Okeagbue, who was testifying as the third prosecution witness in the trial of Onnoghen on charges of false and non-declaration of assets, also confirmed that the loan was guaranteed by his investments in federal government’s bonds and shares, among others.The witness, who had earlier said in her evidence-in-chief that Onnoghen had five accounts, confirmed ‎that the ones in euro, dollar, and pound sterling were domiciliary accounts and not “foreign accounts,” as alleged.

Reading from the statements of the accounts earlier admitted as exhibits, Okeagbue said, “On the account 5001062686, the opening balance in January 2018 was €30,178.58.“On account 5001062693, at January 2018, it was with opening balance of N6,411,312.77.“On account 5001062679, the opening balance as at January 2018 was £39,456.08 and by December 2018 the balance was £13,730.70.

Earlier, the second prosecution witness, Mr. Awal Yakassai, under cross-examination admitted that two assets declaration forms submitted by Onnoghen three years ago have till date not been verified. The prosecution in its application for the trial had said it would be calling six witnesses to prove its case against Onnoghen.

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.

Onnoghen Set for No-case Submission, as FG Closes Case of Alleged Non-asset Declaration - THISDAYLIVEBy Alex Enumah in Abuja The federal government on Thursday closed its case of non-asset declaration charges against the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, after calling three out of the six witnesses listed for the trial. Onnoghen is being prosecuted by the federal government on a six-count charge bordering on alleged … Now can he regain his position ASAP FG has no shame. Kangaroo government. This government is useless. Why did they file wrong charges against him
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

CCT approves no-case submission request by Onnoghen's counsel - Daily Post NigeriaThe Code of Conduct Tribunal, CCT, Thursday approved the prayer of the Defence counsel, Adegboyega Awomolo, SAN, to the suspended Chief Justice of Nigeria,
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Breaking: FG closes case against Onnoghen after 3 witnesses - Vanguard News NigeriaThe Federal Government, on Thursday, closed its case against the suspended Chief Justice of Nigeria, CJN, Justice Walter Onnoghen, after it produced only three witnesses that testified before the Code of Conduct Tribunal, CCT. vanguardngr Who is deceiving who?
Source: vanguardngrnews - 🏆 5. / 75 Read more »

CCT trail: Nigerians react as FG closes case against Onnoghen - Daily Post NigeriaThe Code of Conduct Tribunal, CCT, Thursday approved the prayer of the Defence counsel, Adegboyega Awomolo, SAN, to the suspended Chief Justice of Nigeria,
Source: DailyPostNGR - 🏆 11. / 59 Read more »

FG closes suit, Onnoghen to file 'no case’ submission | The Guardian Nigeria News - Nigeria and World NewsCalling just three of six witnesses to prove its case against suspended Chief Justice of Nigeria, Walter Onnoghen, at the Code of Conduct Tribunal, the Federal Government surprisingly closed the matter yesterday. Nigeria Onnoghen CCT CJN The elections are over. The aim behind his castigation has been accomplished. They feel no need to continue. At this point they couldn't care which way the judgement goes.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Prosecution closes case in Onnoghen’s trial after three witnessesThe prosecution in the trial of suspended Chief Justice of Nigeria (CJN) Walter Onnoghen yesterday closed its case after calling three witnesses.
Source: TheNationNews - 🏆 6. / 69 Read more »

Asset Declaration Trial: Federal govt closes case against OnnoghenThe government closes its case after calling three witnesses, despite having listed six. What does that mean Please U see Am not a legal practitioner. Some explain this to me. Does it mean he is innocent or not?
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nigerian Government Closes Case Against Onnoghen | Sahara ReportersOnoghen is standing trial on allegations bordering on fraudulent declaration of assets. Is this a fake or real news? Why the uproar if it was gonna come to this. Las Las dat matter don die Too bad
Source: SaharaReporters - 🏆 9. / 63 Read more »