Posted by Chinenye on Fri 13th Nov, 2026 - tori.ng
A former CBN governor, Godwin Emefiele, is facing fresh trouble as an EFCC witness tells the court how he allegedly used other people to buy expensive houses and buildings across Nigeria.
(Godwin Emefiele. Photo Credit: FB/Banky Tv)
The ongoing court case against former CBN gov. Godwin Emefiele took an unexpected turn on thursday.
An EFCC investigator, Alvan Gurumnaan, told the Ikeja Special Offences Court that Emefiele allegedly used associates, including a lawyer, to buy expensive properties through other people while he was in office.
Gurumnaan was the seventh prosecution witness.
He testified before Justice Rahman Oshodi.
The properties allegedly linked to Emefiele were recovered in Lagos, Delta, Ogun and Abuja.
He said investigators found more than $2 million in cash at the office of a lawyer, Ifeanyi Omeke.
Omeke allegedly admitted he acted as a front for Emefiele and collected money for him.
Emefiele faces a 19 count charge over alleged bribes, corrupt demands and abuse of office, involving transactions worth $4.5 billion and N2.8 billion.
His co defendant, Henry Omoile, is on trial over three counts of allegedly accepting gifts unlawfully.
Gurumnaan told the court Emefiele allegedly made it hard for ordinary Nigerians and business owners to get foreign exchange for legitimate needs.
He said some businessmen had to make payments to Emefiele through aides before they could get dollars.
He cited a case in which a company allegedly paid through a staff member, Monday Osazuwa, who reportedly handed about $17 million to a second defendant.
Gurumnaan also said the managing director of Source Computer was allegedly forced to pay Emefiele before the company's contract fees were released.
He listed properties allegedly bought through proxies, including twin duplexes in Lekki Phase 1, two mansions on Queen's Drive in Ikoyi, a factory under construction in Agbor, Delta State, and a block of eight flats in Ikoyi that once belonged to the Nigerian Printing and Minting Company, where Emefiele was board chairman.
He also mentioned a warehouse in Ogun State with containers allegedly worth hundreds of billions of naira, an 11 storey building under construction in Ikoyi with about 94 flats, an industrial park in Amwuo Odofin, and an estate of about 750 housing units in Lokogoma, Abuja.
He said several EFCC judgments have led to forfeiture of assets linked to Emefiele, valued at hundreds of billions of naira.
He added that Emefiele was given a chance to respond during the investigation but did not answer the allegations.
Emefiele's lead counsel, Ojo Olalekan SAN, and Omoile's counsel, Kazeem Gbadamosi, objected.
They argued that the prosecution was bringing in facts that were not in the proof of evidence served on the defence.
The judge overruled the objection, citing a Supreme Court decision that lets an investigator testify about what he personally found during an investigation.
The defence can still cross examine the witness.
The defence also objected to a certified true copy of a Supreme Court judgment that the witness tried to identify, saying it had not been disclosed in time.
The judge put off a decision on that until the next sitting.
The case has been adjourned to November 13 2026.