NewStats: 3,262,881 , 8,178,450 topics. Date: Tuesday, 03 June 2025 at 10:10 PM 5f4c4k

The Federal High Court in Abuja has again summoned Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over a $53 million judgement debt arising from the Paris Club refunds.

Inyang Ekwo, the presiding judge, on Tuesday, insisted that the court will not hear Emefiele’s motion for stay until he appears before it.

BACKGROUND
The case started due to an alleged $70 million judgment debt against Linas International Ltd for the lawyer’s (Joe Agi) assistance with the Paris Club refund.

Emefiele allegedly only released $17 million, leaving $53 million in unpaid debt.

On January 23, 2020, the court ruled that the CBN governor must appear “to be examined on oath touching the means you have or have had, since the date of the said garnishee order absolute, to pay the balance of $53 million now due and payable under the said garnishee order absolute and also show cause why you should not be committed to prison for default in payment of the said sum”.

In October 2022, Agi, through his counsel Isaac Ekpa and Chinonso Obasi, filed another application against Linas International, minister of finance, and the CBN, seeking “an order directing the inspector-general of police to arrest Emefiele and bring him to court alongside his lawyers: Damian Dodo, Audu Anuga, both senior advocates of Nigeria, and Ginika Ezeoke, Jessica Iyoke, Abdullahi Afolayan, and Olayemi Afolayan”.

The court granted the application and ordered Emefiele to appear in court on Wednesday, January 18.

However, at the court session on January 18, the case was adjourned to March 20.

In a suit dated January 12, Emefiele asked the court appeal in Abuja to set aside an order of a federal high court compelling his appearance in a $53 million judgment debt proceedings.

TUESDAY’S COURT PROCEEDINGS
At the resumption of the hearing on Tuesday, Ayodele Arotiowa, counsel to Agi, told the court that at the last adjourned date, Emefiele was asked to appear before the court.

Arotiowa added that the order has not been obeyed by the CBN governor.

Responding, Audu Anuga, counsel to Emefiele and CBN, said the court did not sit on the last adjourned date.

Anuga told the court that his client had filed an appeal against the order alongside a motion of stay.

Responding to Anuga’s comment, the presiding judge said the court order prompted Emefiele to appeal so that he did not appear in court.

Ekwo said the court would not entertain the motion for stay until Emefiele appears before it.

“I am not going to hear you on this application until Mr Godwin Emefiele appears in court,” the judge said.

“Therefore, I am going to give you a date for you to report to the court in compliance with the order of the court.

“Upon being aware that the motion for stay of execution is a live matter in this court, this court shall not hear that application unless and until Mr Godwin Emefiele who has been ordered to appear in court appears in court.

The case was adjourned to July 19.

https://www.thecable.ng/paris-club-refund-again-court-summons-emefiele-over-53m-judgment-debt/amp

Emefuele Buhari Tinubu cash scarcity were all planned out by APC to make us believe Buhari was gonna deliver free and fair elections

I was born in the night not last night

Hmmmmm

Subsidy removal is not solving problem when those in charge are thieves.

Good policy but then.

If a thief decides to sell the family land for the good of all. The wise will object not because the decision is bad but the person initiating it.

A thief will surely steal the common wealth.

So for all who think Tinubu is the one chosen.

BMC spent 8 years painting Buhari good.
Now they have converted to the agbado crew.

They are using all means to appear good and messiah.

Can a thief save the righteous.

Never.

They chose Barnabas over Jesus.
They will also chose thieves

Elemiewele

The picture say...

"Oya you don catch me"

One of the things Nigerians will not forgive Tinubu for is if this bald headed vulture is allowed to go free despite the unnecessary hardship he subjected Nigerians to.

Anyway, I have the feeling a very delicious meal is being prepared for him. He will be served when the meal is ready. The revisit of this $53 million case might just be invitation to witness garnishing of the meal.

Nigerians are watching.

CBN governor cum politician. Supervised the worst economy Nigeria ever had.

People lost the lives, businesses, marriage etc because of the Naira-swap policy ad today you can't find the new notes anywhere.

Most of the people that served under incorruptible Buhari are thieves . Looting our common wealth.

Emewerey I hail o

Double wahala

This dude need to be jailed for making Nigerians go through cash scarcity.

Non of them love her (Nigeria)

How I wish another party get justice at the court of law

APC really dealt with this country

Criminals. Worst part is that the country isnt ready to fight corruption no thanks to the rotten judiciary.

E don be for him,

Elemefiewele

Criminals everywhere in government.

This man is finished.
Pay back time.
Buhari is no more there to save your ass

mcquin:
CBN governor cum politician. Supervised the worst economy Nigeria ever had.

People lost the lives, businesses, marriage etc because of the Naira-swap policy ad today you can't find the new notes anywhere.

those I knew that died during that period all died for nothing

Emiphoto abi emiwerey

Habbaa manna..
Shegge Banzza

He can't scape through. His cohort is no more in power and Jagaban would never tolerate nonsense. He must appear before the court.

Ok.
this is Nigeria, nothing will still happen.

Nelt:

Emefiele go and call buhari to come and help u out

I dey observe

The lifeless scammer and emeFAILURE wrecked the economy beyond redemption

gift2xl:
This dude need to be jailed for making Nigerians go through cash scarcity.

Non of them love her (Nigeria)

What do we do with Buhari who endorsed him Sir?

And what do we do with Tinubu who endorsed Buhari in 2015 and 2019 as the saviour of Nigeria

You see....this case is more older than you, speaking what you don't know ....

They know what they're doing!