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How Emefiele Moved Funds To Wife’s Account

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Godwin Emefiele

Ifeoma Ogbonnaya, an Assistant Manager at Zenith Bank Plc, on Tuesday, July 9, told an Ikeja Special Offences Court, how the former embattled Bank of Nigeria (CBN) Governor, Godwin Emefiele, transferred funds to his wife, Margaret Emefiele.

Ogbonnaya explained that Emefiele used the bank to move multimillion-naira amounts to his wife’s accounts.

Emefiele faces charges of abuse of office and alleged fraud involving $4.5 billion and ₦2.8 billion during his tenure.

Acting as the fifth prosecution witness, Ogbonnaya was led in evidence by Rotimi Oyedepo, SAN, who is the counsel for the Economic and Financial Crimes Commission (EFCC).

She explained to the court how Emefiele utilized Zenith Bank to transfer millions of naira in tranches to his wife through several companies.

Ogbonnaya specified that the companies receiving these funds included Amswing Resources and Solution, Limelight Dimensional Service Ltd., Omec Support Service Ltd., and Mango Farm. READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

“Limelight manages CBN facilities at Alakija, handling transactions related to power and maintenance,” Ogbonnaya said.

The witness, a Business Relationship Manager who joined the bank in 2006, stated that while she never dealt directly with the ex-CBN governor, she received instructions from his wife to transfer funds from CBN to their private companies via a Zenith Bank account.

Ogbonnaya also mentioned that she received directives from Mr. John Ogah and the late Mr. Opeyemi Oludimu, both of whom worked for the Emefieles.

She managed the various company accounts used for transferring these funds, emphasizing that Margaret Emefiele was the primary beneficiary.



“Mrs. Margaret Emefiele, the ex-CBN governor’s wife, is the direct beneficiary of the accounts.

“The companies sent transfer instructions to my email, and Margaret is the beneficial owner of the accounts. All transactions were confirmed by Mrs. Emefiele before processing,” Ogbonnaya testified.

Ogbonnaya detailed specific transactions, stating that from March 9 to 11, 2015, the accounts received ₦18.9 million and ₦1.8 million, respectively. Further transfers included ₦43 million on February 22, 2021; ₦37.3 million on July 21, 2022; ₦44.6 million on October 21, 2022; and ₦93.1 million on May 10, 2023.

The witness further explained that she typically communicated with Emefiele’s wife via email, phone calls, and WhatsApp to discuss transactions that were to be executed on the accounts before processing them.

Ogbonnaya confirmed that detailed transaction records were printed from her office desktop computer.

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A Remarkable Achievement – President Tinubu Congratulates Fola David For His Guinness World Record Feat

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President Bola Ahmed Tinubu has applauded Dr. Fola David on achieving the Guinness World Record for the largest drawing ever made.

The president took to his Instagram story to praise Dr. David’s remarkable achievement, stating: READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

“Congratulations to Dr. Fola David for completing his attempt at making the world’s largest hand-drawing by an individual, ‘Unity in Diversity.’ We are filled with great pride and admiration for this accomplishment.”

Dr. Fola David responded with gratitude, posting on his Instagram page: “Thank you, Mr. President @officialasiwajubat”

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Prince Louis has a ‘two-year wait’ before following in Princess Charlotte’s footsteps

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Prince Louis was obviously absent from his siblings’ separate royal trips last week, and one expert revealed how long it will be until he can join them.

According to an expert, Prince Louis will have a “two-year wait” before he can follow in Princess Charlotte’s footsteps with exciting trips.

Princess Charlotte attended Wimbledon with the Princess of Wales last Sunday, and Prince George joined Prince William in Berlin for the Euros 2024 final that evening.

Cameron Walker, a royal specialist, discussed George and Charlotte’s trip last week with Svar Nanan-Sen on GB News’ The Royal Record Podcast.

Louis was absent from both trips, with the Prince and Princess of Wales’s youngest child most likely being cared for at home.

Regarding the six-year-old, Svar stated, “One royal child who was not at England’s Euro 2024 defeat or Wimbledon was Prince Louis.

Princess Charlotte went to Wimbledon last week with mum Princess Kate

“This has caused quite a stir online, with many calling for justice for Prince Louis. He’s still only six, we have to remember. READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

“Charlotte made her first appearance at Wimbledon when she was eight, so he’s got to wait a couple more years. But Kate did say last year when George and Charlotte went to Wimbledon without Louis, that he was very upset about it.”

Although fans were unable to see Louis at either event, the Prince and Princess of Wales used social media to tell what their baby son has been up to, sharing a cute photo of him and Charlotte.

Regarding the image of Charlotte and Louis wearing personalized football shirts, Mr Walker added: “We did get a lovely photograph taken by the Princess of Wales on the Sunday evening of when George and William were in Berlin for the Euros final, but what was lovely was seeing Prince Louis with his big sister, Princess Charlotte, and the Princess of Wales in their private grounds in Adelaide Cottage, we believe, and watching the England game.”

Kate and Charlotte were joined by her sister, Pippa Middleton, for last week’s Wimbledon Men’s Final.

The post Prince Louis has a ‘two-year wait’ before following in Princess Charlotte’s footsteps appeared first on Timeless Life.

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Gunmen Kill POS Operator, Cart Away N3M In Aba

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A POS operator, Blessing Chilaka has been reportedly killed by gunmen in Aba, Abia State.

 

It was gathered that Chilaka was shot dead while on his way home after closing his shop at Umuojima Junction in Osisioma Ngwa Local Government Area of the state.

 

According to reports, he was ambushed by the armed men who shot him and made away with his N3 million, leaving him in a critical condition.

 

He was rushed to a private hospital and later transferred to the Federal Medical Centre (FMC) Umuahia where he succumbed to his injuries. READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>

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