Home News Emefiele Sues Senate President, demands N1bn 
NewsPolitics

Emefiele Sues Senate President, demands N1bn 

580

Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, currently facing charges of fraud allegations by the Federal Government, has taken legal action against Senate President Godswill Akpabio, demanding N1 billion in damages for defamation.

In a notice dated February 19, 2024, Emefiele’s lawyer, Matthew Burkaa, criticised a statement attributed to Akpabio on February 18, 2024, where Akpabio allegedly remarked, “we don’t know what to charge Emefiele with.”

Emefiele’s legal team deemed Akpabio’s comment as “false, distorted, and clearly aimed at disparaging his character and indeed made in bad faith.”

Akpabio recently made some comments during a thanksgiving service in Rivers State, where he suggested that Emefiele had left the Nigerian economy in disarray, and the government was uncertain about the charges to level against him.

However, Burkaa argued that the Federal Government had preferred charges against Emefiele since August 14, 2023, and his client had pleaded not guilty to the allegations.

In his letter to Akpabio, Burkaa highlighted Akpabio’s involvement in the previous administration, stating, “you were a major player in the immediate Past Administration and worked closely with Our Client… witnessed the innovations he introduced in the banking sector and its impact on the economy whilst in office.”

However, Burkaa demanded an unreserved apology from Akpabio, along with the sum of One Billion Naira (N1,000,000,000), as compensation for the alleged defamation.

Noting that failure to comply with this demand, Burkaa warned, would lead Emefiele to seek appropriate legal redress under Nigerian laws.

Read more: Tinubu Appoints Kemi Nandap as Comptroller-General of Nigeria Immigration Service

About The Author

Related Articles

FinanceNewsWorld

Niger’s Prime Minister Attends WAEMU Ministerial Meeting in Dakar as Burkina Faso Takes Over Council Presidency

Niger’s Prime Minister and Minister of Economy and Finance, Ali Mahamane Lamine...

Cooking Gas Kerosene Prices Increase
BusinessNews

Tinubu Regime Causes More Pain For Nigerians As Cooking Gas Prices Soar 40% In One Week

The price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG),...

News

Niger Parliamentary Delegation Visits Bamako to Strengthen Ties Within the CSSS

A parliamentary delegation from Niger has arrived in Bamako, Mali, as part...

News

AES Radio Set to Launch as Ministers Inspect New Facilities in Ouagadougou

Everything is in place for the launch of AES Radio, according to...