EFCC
Court Admits Emefiele’s EFCC Statements, Dismisses Objections in Alleged $4.5bn Fraud Trial
Justice Rahman Oshodi of the Lagos State Special Offences Court, Ikeja, on Thursday overruled objections by former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to the admissibility of extra-judicial statements he allegedly made to the Economic and Financial Crimes Commission (EFCC), holding that the statements are admissible in evidence.
In his ruling, Justice Oshodi held that Section 4 of the Anti-Torture Act, 2017, relied upon by Emefiele’s counsel, did not warrant a trial-within-trial to determine the admissibility of the statements.
The court agreed with the prosecution that a trial-within-trial was unnecessary because none of the statements sought to be tendered constituted a confession.
Justice Oshodi held that, for an extra-judicial statement to qualify as confessional, it must contain an unequivocal admission of the offences alleged against its maker.
According to the judge, nothing in Emefiele’s statements could be construed as an admission of the facts in issue.
The court consequently dismissed the defence’s objections and admitted as exhibits the statements allegedly made by Emefiele on October 27, October 30, November 11, November 12 and November 13, 2023.
Following the ruling, the court adjourned the case to October 6, 7 and 8, and November 11, 12 and 13, 2026, for the continuation of trial.
Emefiele is standing trial alongside Henry Omoile on a 19-count charge bordering on abuse of office, receiving gratification, accepting gifts through agents, corruption and fraudulent property transactions involving about $4.5 billion and ₦2.8 billion.
Omoile is facing a three-count charge of allegedly receiving unlawful gifts in connection with transactions involving the CBN.
Both defendants have pleaded not guilty to the charges preferred against them by the EFCC.
At the previous hearing, Emefiele’s lead counsel, Olalekan Ojo, SAN, urged the court to reject the statements, arguing that they were involuntarily obtained through oppression and torture while his client was detained by the Department of State Services (DSS) for more than 157 days.
Ojo contended that Emefiele was subjected to physical and psychological torture during his detention, rendering the statements inadmissible under Section 4 of the Anti-Torture Act, 2017, and the relevant provisions of the Evidence Act.
He maintained that once the voluntariness of a statement is challenged, the prosecution must establish that it was freely made, arguing that a video recording of the interrogation would have been the most reliable proof of compliance with due process.
According to the senior advocate, the absence of any video recording rendered the statements “poisoned fruits.”
He further argued that the prosecution failed to produce independent evidence corroborating the alleged confessional statements and questioned the role of the lawyer said to have witnessed the interviews.
Ojo urged the court to resolve any doubt regarding the voluntariness of the statements in favour of the accused and reject them.
Responding, the Director of Public Prosecutions of the Federation, Rotimi Oyedepo, SAN, argued that a trial-within-trial was unnecessary because none of the statements amounted to a confession or contained any admission of the facts in issue.
He further submitted that the Anti-Torture Act does not mandate a trial-within-trial in such circumstances and urged the court to dismiss the defence’s objections and allow the substantive trial to proceed.
Oyedepo maintained that there was no basis for conducting a trial-within-trial, insisting that none of the remaining statements constituted a confession.
“There is nothing in the defendant’s statements that can be construed as an admission of the facts in issue,” he submitted.
He further argued that the Anti-Torture Act does not make a trial-within-trial mandatory in the circumstances and urged the court to dismiss the defence’s objection and allow the substantive trial to proceed expeditiously.
EFCC
EFCC Counsel Misquoted in ALGON Lawyer’s Fraud Allegation Judgment
The Economic and Financial Crimes Commission (EFCC) views with grave concern the misrepresentation of the reaction of its counsel, Larry Peters Aso, to the judgment delivered by Justice Suleiman Belgore of the Federal Capital Territory (FCT) High Court in a fundamental rights enforcement suit filed by legal practitioner Dr Ted Iseghoi-Edwards.
The judge reportedly cleared Iseghoi-Edwards of alleged fraud relating to services rendered to the nation’s 774 local government councils. He also disagreed with the EFCC’s position regarding its investigation report on the London-Paris Club refunds.
Reacting to the judgment, Aso thanked the judge for his industry in attending to the matter and stated that the EFCC would apply for a Certified True Copy (CTC) of the judgment “and study it to know the necessary steps to take.”
He did not make any statement about an EFCC report from 2024 concerning allegations that Iseghoi-Edwards “fraudulently obtained the judgments, because he instituted proceedings against the Federal Government in the United States.”
Additionally, claims that Aso said the report was prepared under pressure from higher authorities “after Iseghoi-Edwards assigned his promissory notes to third parties in the United States, where they threatened to sue the Federal Government” are entirely mischievous and amount to deliberate character assassination.
This framing was intended to insinuate that extraneous influences affected the matter, which was not the case.
The record of proceedings from Tuesday, October 20, 2026, when the judgment was delivered, can be accessed to verify Aso’s reaction.
The Commission urges the media to be more objective in reporting court proceedings in the interest of justice.
EFCC
FBI Commends Olukoyede, EFCC for Support in Tackling Sextortion, Cybercrime
The Federal Bureau of Investigation (FBI) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, and the Commission for their efforts and vital role in Operation Artemis, a joint international effort to disrupt financially motivated sextortion networks targeting minors.
The commendation was conveyed in a letter signed by FBI Director Kash Patel, who praised the Commission for its collaboration with the Bureau in the arrest and extradition of suspects facing federal charges in the United States.
In the letter addressed to Olukoyede, Patel acknowledged the Commission’s contribution to the operation, stating that “the Economic and Financial Crimes Commission, EFCC, has played a vital role in Operation Artemis, a joint effort focused on disrupting financially motivated sextortion rings targeting juveniles.”
He said that, under Olukoyede’s leadership, the EFCC designated personnel to support the investigations and facilitate the transfer of suspects from Nigeria to face prosecution in the United States.
Specifically, the FBI Director commended the EFCC for apprehending Adebola Festus Adekunle and Mudashiru Afeez Olawale, who were indicted in the United States in 2023 over allegations relating to the sexual exploitation and extortion of minors.
The two suspects were extradited to the United States in August 2026, with the EFCC facilitating the process following investigations and extradition proceedings. They are facing federal charges relating to sexual exploitation in cases involving the deaths of minors.
Patel noted that the successful outcome of the cases would not have been possible without the EFCC’s assistance and commitment to international law enforcement cooperation.
“The successful outcome of these cases would not have been possible without your assistance and dedication to international law enforcement collaboration,” he said.
The FBI Director further expressed appreciation to Olukoyede and the Commission for their commitment to justice and continued cooperation, while expressing optimism about strengthening the partnership between both agencies.
“Please accept my sincere appreciation for your commitment to justice and steadfast cooperation. I look forward to the continued partnership with the EFCC,” he stated in the letter.
The extradition of Adekunle and Olawale followed FBI investigations into separate sextortion schemes targeting male minors in the United States. The investigations linked the alleged activities to two teenage victims who died by suicide after being subjected to online sexual exploitation and extortion.
EFCC
EFCC Photo News
The Japanese Ambassador-Designate to Nigeria, His Excellency, Hideo Suzuki Paid a Courtesy Visit to the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede in his office today, October 28, 2026. He was accompanied on the visit by First Secretary, Security, Yuji Murakami and Senior Information Analyst, Dogara Ankut.


-
EFCC7 months agoAlleged ₦1.4bn Oil Fraud: EFCC Re-Arraigns Nadabo Energy Boss, Ali Peters, Firm in Lagos
-
EFCC2 weeks agoAlleged ₦1.06bn Fraud: EFCC Secures Court Order to Freeze Suspect’s Account
-
News8 months agoAgain, Dangote Refinery Hikes Petrol To ₦1,175/Litre, Diesel To ₦1,620/Litre — Report
-
EFCC4 weeks agoEFCC Hands Over Recovered ₦107m to Property Fraud Victim in Lagos
-
News9 months agoSenate Retains Two-Year Jail Term for PVC Trading, Raises Fine to ₦5m
-
EFCC8 months agoLagos Court Jails Man 18 Months for Defrauding Sterling Bank of ₦30m
-
Economy8 months agoNaira Rebounds To ₦1,363.5/$
-
Economy9 months agoNaira Closes in the Red at ₦1,341.35/$
