Metro
753 Duplexes: Abuja Court Admits Emefiele To N2bn Bail

Justice Yusuf Halilu of the FCT High Court on Monday admitted the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to bail in the sum of N2 billion in a fresh charge of property fraud.
The Economic and Financial Crimes Commission (EFCC) filed an eight-count charge against him in respect of the disputed 753 duplexes in Abuja.
The said property located at Plot 109, Cadastral Zone C09, Lokogoma District, Federal Capital Territory (FCT), Abuja, measures 150,462.86 SQM and comprises 753 housing units.
When the charge was read to him, he, however, pleaded not guilty.
Following his plea, his counsel, Mathew Burkaa SAN applied for bail, which was not opposed to by the prosecution counsel, Rotimi Oyedepo SAN.
READ ALSO: Court Orders Final Forfeiture Of $1.4m Linked To Emefiele
Oyedepo, however, asked the court to expunge some paragraphs in the bail application, and the court granted that.
Ruling on the bail application, Justice Halilu held that bail is a constitutional right.
He added that the defendant(Emefiele) has been granted bail by two other judges and he did not go against the conditions and terms
”I admit the defendant to bail on the terms and conditions that the defendant’s travel documents which is already before justice Muazu is hereby attached as part of the condition .
“The defendant shall provide two sureties who must be residents of Abuja within the jurisdiction of this court.
READ ALSO: How I Delivered $400,000 Cash To Emefiele – Ex-aide
“The sureties must own landed property within the jurisdiction of this court precisely in Asokoro , Maitama and Wuse 2 which valued at N2 billion” he held
Halilu further ordered that the sureties shall also do undertaking to produce the defendant in court always
all through his trial .
He added in the event the defendant jumps bail, they (sureties) will be put in prison.
He ordered that the defendant is granted from now to Wed (June 18) to vacate the ball or else risk going to prison.
He then adjourned until July 11 for continuation.
The charge number: CR/358/2025, borders on alleged having control of property reasonably suspected to be unlawfully obtained.
READ ALSO:Witness Reveals How Emefiele Moved Millions To Wife
The offence, the EFCC said, is punishable under Section 319 of the Penal Code Law.
Emefiele was charged alongside one “Ocheme” who is at large.
Besides the housing estate, the two defendants are also charged with unlawfully keeping in their possession billions of naira in proxy accounts in Zenith Bank.
In count one of the charge Emefiele and Ocheme are being accused of knowingly having within their control the housing estate suspected to be unlawfully obtained contrary to the law.
While in count two, they were alleged to knowingly have in their possession the sum of N167 million domiciled in Kelvito Integrated Services’ account No: 1016232915, in count three they were alleged to have held the sum of N1.23 billion in the same account.
READ ALSO: Alleged Fraud: Court Admits Bundles Of Documents As Evidence Against Emefiele
According to the anti-graft agency, the said sums were said to be reasonably suspected to have been unlawfully obtained.
In another count they were also alleged to have in their control another sum of N2.9 billion domiciled in Kelvito Integrated Services’ account No: 1016232915 domiciled with Zenith Bank Plc.
In count five, the commission stated that the defendants between January and December 2022, knowingly had under their control the total sum of N1.98 billion domiciled in Kelvito Integrated Services’ account No: 1016232915 domiciled with Zenith Bank Plc, which sum is reasonably suspected to have been unlawfully obtained.
In other counts they were also linked with the sum of N900 million and N600 million in Ifedigo Integrated Services’ account No: 1210750237 domiciled wit zenith Bank.
Meanwhile, in count eight, Emefiele was said to have in January 2021, forged a document titled, “Irrevocable Power of Attorney Between MG Properties Limited and H and Y Business Global Limited” with the intention of causing it to be believed that the said titled document was executed by or by the authority of H and Y Business Global Limited.
The offences, according to the EFCC, contravened the provisions of sections 319, 362 and 364 of the Penal Code.
Metro
Ex-convict Arrested In Edo For Armed Robbery, Possession Of Firearm
The Edo State Security Corps (ESSC) has arrested a 45-year-old ex-convict, Owen Osas, for alleged unlawful possession of firearms and suspected involvement in a robbery incident.
Osas was reportedly arrested with a cut-to-size single-barrel gun during a covert operation along Fishpond Road in Eyean, Uhunmwonde Local Government Area.
The arrest reportedly comes barely a year after he was released from prison, where he had served time for illegal possession of firearms and other criminal offences.
Osas, who confessed to the latest crime, also admitted to being a member of the Eiye Confraternity.
READ ALSO:Tragedy As Suspected Kidnappers Kill Young Entrepreneur In Edo
Consequently, a victim of an alleged robbery incident, Reginia Izy, identified Osas as the person who robbed her a day before his arrest.
The victim narrated that the suspect had approached her residence around 8 p.m., pretending to be familiar before carrying out the attack.
The Deputy Commander Operations of ESSC, Richard Balogun, said the arrest was part of intensified efforts to rid Edo State of criminal elements.
READ ALSO:Edo South Senatorial Seat: Nothing Wrong Seeking Wike’s Support – Ogbeide-Ihama
Balogun explained that operatives conduct both overt patrols and covert operations to track and apprehend suspects.
He said, “Our men are always on patrol. Some operate in plain clothes as part of covert strategies, while others are stationed at strategic locations.
“Osas, who is a former convict, was arrested with firearms and he also confessed to be a member of the Eiye Confraternity.”
Metro
Gunmen Kidnap Businessman In Ibadan
Gunmen suspected to be kidnappers have abducted a 60-year-old man in Ibadan, the Oyo State capital.
The victim was kidnapped on Saturday while on his way to his residence.
The incident occurred at Jinarere, Alakia in Ibadan.
Public Relations Officer of the State Police command, Olayinka Ayanlade, when contacted, confirmed the incident.
READ ALSO:Gunmen Abduct 60-year-old Trader In Oyo
Ayanlade in a statement made available to DAILY POST on Sunday, explained that efforts are ongoing to rescue the victim.
Ayanlade said, “Preliminary information reveals that the victim, a 60-year-old male and building materials trader, was accosted while returning home along the Jinarere axis of Alakia Road by four masked armed men, who forcefully whisked him away in an unregistered ash-coloured Toyota Corolla vehicle”.
Metro
Tragedy As Suspected Kidnappers Kill Young Entrepreneur In Edo
A 30-year-old entrepreneur and CEO of Principle Takeout, Justice Abu Oshioke, has been killed by suspected kidnappers in Ekpoma, Esan West Local Government Area of Edo State.
He was reportedly attacked by the suspected kidnappers on Saturday while on his way to pick up an order made for his child’s dedication on Sunday morning.
Eyewitnesses said the attackers attempted to force him into a nearby bush in a kidnapping attempt. However, he reportedly resisted and tried to escape.
READ ALSO:Senatorial Seat: Ogbakha-Edo Warns Against Imposition Of Candidates In Edo South
In the course of the struggle, the assailants opened fire, shooting him multiple times.
Concerned residents quickly rushed him to a nearby medical facility, but he was confirmed dead on arrival.
The deceased was said to have recently gotten married and welcomed a baby boy.
The tragic event has turned a joyous occasion into a moment of grief for the family.
READ ALSO:Edo NLC Divided Over May Day Celebration
The shocking development has left the Ekpoma community in deep sorrow, with many residents expressing outrage over the growing insecurity in the area.
Edo State Police Command’s spokesperson, Eno Ikoedem confirmed the incident and said the Commissioner of Police, Monday Agbonika has ordered a “full-scale investigation and intensified manhunt for those responsible.”
According to her, the Police, in collaboration with the military, local vigilantes, and hunters, are actively pursuing the perpetrators through coordinated operations.
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