Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Financial Crime, Fraud

Nigerian court adjourns suspended central bank governor’s fraud hearing

NIGERIA BANK NOTE: The two African powerhouses of South Africa and Nigeria placed on FATF's watchlist today.

By Elisha Bala-Gbogbo

A Nigerian court in the capital Abuja adjourned a hearing on Thursday for suspended central bank governor Godwin Emefiele, who is facing a 20-count fraud charge, due to the absence of a second defendant on the case, a government lawyer said.

The matter was adjourned to Aug 23 after a co-defendant on the indictment became ill and was unable to be in court. Nigerian law requires defendants to take their plea in person.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!