In a significant development in the ongoing trial of Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN), Justice Hamza Muazu of the Federal Capital Territory High Court has summoned two key witnesses to testify in the alleged $6.23 million fraud case.
The witnesses, Jim Obazee and Eloho Okpoziakpo, have been directed to appear in court on Tuesday, April 28, 2026, to shed light on the complex details surrounding the charges.
Emefiele is facing a 20-count charge brought by the Economic and Financial Crimes Commission (EFCC), which includes accusations of criminal breach of trust, forgery, abuse of office, and conspiracy to defraud through false pretenses.
A subpoena issued on April 27, 2026, by Justice Muazu requires both Obazee and Okpoziakpo to appear at 9:00 a.m. and remain present until the case is concluded. The court has instructed them to provide evidence, particularly focusing on controversial newspaper publications related to the Naira redesign policy—a key element in the investigation.
The prosecution contends that the former CBN Governor’s financial misconduct, linked to the policy, has caused significant harm, amounting to a staggering $6.23 million. Both witnesses are expected to provide critical insights into the policy’s role in the case, further deepening the legal scrutiny around Emefiele’s tenure.
The ongoing trial is part of a broader legal battle against the ex-CBN chief, with prosecutors seeking justice for alleged financial misdeeds.
