• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Saturday, March 7, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home News

EFCC Refutes Claims That Witness Justified CBN Vehicle Procurement Under Emefiele

February 10, 2025
in News
Reading Time: 2 mins read
0
emefiele in court
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

The Economic and Financial Crimes Commission (EFCC) has dismissed reports suggesting that one of its key witnesses justified vehicle procurement contracts awarded during the tenure of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

According to the EFCC, its prosecution witness, Salawu Gana—a former head of the CBN procurement department—was inaccurately reported as defending the contracts, contrary to allegations of contract irregularities outlined in the charges against Emefiele.

The anti-graft agency clarified that Gana did not testify in support of the contracts but instead revealed that confidential bidding information was leaked to April 1616, giving the company an unfair advantage in securing the contracts.

“This is far from the truth,” EFCC’s Head of Media and Publicity, Dele Oyewale, stated in a release on Tuesday.

He explained that on Monday, February 3, 2025, Gana testified before Justice Hamza Muazu of the High Court of the Federal Capital Territory (FCT), revealing that the CBN’s procurement process was compromised in favor of April 1616 due to the unauthorized disclosure of bidding details.

The former procurement head stated that quotations were obtained from three motor companies—RT Briscoe, Globe Motors, and April 1616. However, April 1616 ultimately secured the contract because it had foreknowledge of its competitors’ bids.

“We initiated the procurement process and requested quotations from Globe Motors, RT Briscoe, and April 1616. April 1616 was given a guide to the in-house estimate, allowing it to submit the lowest bid at N69 million, compared to RT Briscoe’s N77,050,000 and Globe Motors’ N77,179,999,” Gana told the court.

Oyewale further noted that Gana’s testimony confirmed that while April 1616 had access to confidential pricing information, the other bidders did not, and the procurement was subsequently approved by Emefiele.

The former CBN governor is facing a 20-count amended charge, including allegations of conferring corrupt advantages, criminal breach of trust, forgery, conspiracy, and obtaining $6.23 million by false pretences.


Join Our Telegram Channel For Instant Notification

telegram banner
Tags: CBNEFCC
Share197Tweet123Share34
Previous Post

Kenya Airways Apologises to NCAA Over Mistreatment of Nigerian Passenger

Next Post

Rivers State Government to Begin Statewide Livestock Vaccination Amid Anthrax Concerns

Related Posts

Photo of President Bola Tinubu

Tinubu Sets Up Committee for Power Sector Reform

by Victor Haruna
March 6, 2026
0

President Bola Ahmed Tinubu has inaugurated an 11-member committee tasked with overseeing the smooth establishment of the Grid Asset Management...

FG Introduces New Tax Policy For Small Businesses

Tinubu Issues New Directive to the Military

by Assumpta
March 6, 2026
0

Tinubu Issues New Directive to Military

Trump Mentions Next Country to Attack After Iran

Trump Mentions Next Country to Attack After Iran

by Assumpta
March 6, 2026
0

Trump Mentions Next Country to Attack After Iran

El-Rufai and ICPC logo

El-Rufai’s Family Demands Immediate Release

by Victor Haruna
March 6, 2026
0

The family of former Kaduna State governor Nasir El-Rufai has called for his immediate and unconditional release from the custody...

United States congressman, Riley Moore.

Again, US Lawmaker Raises Alarm Over Attacks on Christians in Nigeria

by Victor Haruna
March 6, 2026
0

A member of the United States House of Representatives, Riley Moore, has expressed concern over reported attacks on Christians in...

Load More
Next Post
Livestock Vaccination

Rivers State Government to Begin Statewide Livestock Vaccination Amid Anthrax Concerns

NADDC

NADDC Begins Training in Automotive Mechatronics for Ondo Youths and Technicians

Toll Gates

FG Unveils Toll Gates on Abuja–Makurdi Road to Repay $460.8m China Exim Bank Loan

NIS

NIS to Launch Contactless Passport Renewal System in Europe on February 7

PETROAN

PETROAN Accuses Oil Producers of Diverting 500,000 Barrels of Crude Meant for Local Refineries

EFCC

EFCC Arraigns 11 Chinese Nationals for Cyber Fraud and Identity Theft

USAID

USAID Places Staff on Leave as Trump, Musk Push to Shrink U.S. Government

Senator Kalu

Senate Appoints Orji Kalu as Chairman of South-East Development Commission

Hajj

NAHCON Extends 2025 Hajj Registration Deadline to February 10

Kogi goverment

Kogi State Approves Over N542m for 2025 UTME, Internal Exam Fees

  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
us to deport 79 nigerians

Full List: US To Deport 79 Nigerians

February 11, 2026
FG (TInubu) To Stop Salaries Of Unverified Workers

Tinubu Makes 12 New Appointments

February 11, 2026
Rihanna

Rihanna: Vibrant Star Elevating Nigerian Fashion Trends

1
Markets

European Markets Fall as French Government Crisis Deepens, Trump Fires Fed Governor

1
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
Photo of President Bola Tinubu

Tinubu Sets Up Committee for Power Sector Reform

March 6, 2026
Amaechi officially joins ADC

Gunmen Attack Amaechi Convoy During ADC Registration

March 6, 2026
FG Introduces New Tax Policy For Small Businesses

Tinubu Issues New Directive to the Military

March 6, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp