Emefiele Fraud Trial: Judge Summons Key Witnesses April 28

Justice Hamza Muazu of the Federal Capital Territory High Court has issued subpoenas for two witnesses in the trial of former Central Bank of Nigeria Governor Godwin Emefiele, who faces an alleged $6.23 million fraud. Jim Obazee and Eloho Okpoziakpo are required to appear before the court at 9:00 a.m. on Tuesday, 28 April 2026, and remain available for the duration of the proceedings, the subpoena dated 27 April 2026 confirms.

Emefiele is being prosecuted by the Economic and Financial Crimes Commission (EFCC) on an amended 20‑count indictment that includes criminal breach of trust, forgery, abuse of office and conspiracy to obtain money by false pretence. The charges stem from the controversial Naira redesign policy, which the EFCC alleges resulted in the misappropriation of $6.23 million.

In the court order, Justice Muazu instructed the two witnesses to tender evidence, specifically newspaper publications related to the Naira redesign, and to provide clarification on their involvement in investigations that led to the current charges. Both Obazee and Okpoziakpo were reportedly part of the inquiry that uncovered alleged irregularities in the policy’s implementation.

The trial forms part of a broader legal effort to hold the former apex bank chief accountable for purported financial misconduct. Prosecutors have argued that the redesign scheme was leveraged to siphon funds, while the defence maintains that the allegations are unfounded.

The summons underscores the judiciary’s focus on obtaining detailed documentary and testimonial evidence as the case progresses. The upcoming hearing will test the strength of the EFCC’s evidence and may set a precedent for future prosecutions of high‑level financial officials in Nigeria.

The court’s directive for continuous attendance signals that the matter is expected to extend over multiple sessions, with further witnesses likely to be called. Observers note that the outcome could have significant implications for governance standards within Nigeria’s financial sector and for public confidence in the Central Bank’s policies.

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