Trial Witness Calls Emefiele’s $6.23m Release for Election Observers 'Pure Theft'

A police commissioner from the Fraud Unit told the FCT High Court that former CBN governor Godwin Emefiele’s release of $6.23 million for foreign election observers was “pure theft.” He identified a presidential directive as Exhibit PD5, saying the memo was fraudulent and the funds were diverted for other purposes. The investigative team recovered about $800,000 from the alleged stolen sum. Jibril Abubakar was named as the person who collected the money. Under cross-examination, the witness said proper procedure was not followed and questioned signatures on key documents. The trial continues on July 3, 2026.

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