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ClimaxNewsHub > Blog > Finance > Emefiele: EFCC to Appeal N100m Fine
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Emefiele: EFCC to Appeal N100m Fine

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The Economic and Financial Crimes Commission, EFCC, has expressed dissatisfaction with the decision of the Federal Capital Territory, FCT, High Court to slam the commission with a N100 million fine over their prolonged detention of former Governor of the Central Bank of Nigeria, Godwin Emefiele.

The Commission made this known in a statement signed by their Head, Media & Publicity, Dele Oyewale on Monday, January 8, 2024.

It read “The Economic and Financial Crimes Commission, EFCC, has expressed dissatisfaction with a judgment of the Federal Capital Territory, FCT, High Court awarding N100 million damages against it in favour of a former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele.

“Justice O.A. Adeniyi, on Monday, January 8, 2024 fined the Commission after he ruled that the Commission’s detention of Emefiele in the course of his investigation was a violation of his right to liberty.

“The decision failed to take cognizance of the fact that the former CBN boss was held with a valid order of court. Consequently, the Commission will approach the Court of Appeal to set it aside.”

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TAGGED: CBN, EFCC, Emefiele, Nigeria

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