Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    EFCC Returns ₦279m Recovered from Fraud to Wole Soyinka Culture Centre

    March 7, 2026

    Court Dismisses Suit Seeking Removal of David Mark, Aregbesola as ADC Leaders

    March 6, 2026

    Alleged $4.5bn Fraud: Omoile Admits Lying in EFCC Statement

    March 6, 2026
    Facebook X (Twitter) Instagram
    • Disclaimer
    • Terms of Use
    • Privacy Policy
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Naijafacts.com
    SUBSCRIBE
    Naijafacts.com
    Home»EFCC»Alleged $4.5bn Fraud: Omoile Admits Lying in EFCC Statement
    EFCC

    Alleged $4.5bn Fraud: Omoile Admits Lying in EFCC Statement

    Staff EditorBy Staff EditorMarch 6, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Henry Omoile, who is standing trial alongside former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over an alleged $4.5 billion fraud, on Friday, March 6, 2026, told the court that he lied in the statement he made to the Economic and Financial Crimes Commission (EFCC).

    Omoile made the disclosure while testifying during a trial-within-trial before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos. The trial-within-trial was instituted to determine the voluntariness of the statement he made to EFCC investigators.

    According to him, the statements marked as Exhibits TWT 1–4 did not contain a genuine confession, as he claimed that he wrote what investigators allegedly asked him to write.

    “The statement exhibits in trial-within-trial 1–4 did not contain any confession. I lied in my statement. The EFCC threatened me that if I did not write what they wanted, they would charge me to court,” he told the court.

    Emefiele is currently facing a 19-count charge filed by the Economic and Financial Crimes Commission bordering on receiving gratification and making corrupt demands during his tenure as CBN governor, while Omoile is facing a three-count charge bordering on the unlawful acceptance of gifts as an agent. Both defendants have pleaded not guilty to all the charges.

    During cross-examination by the prosecution counsel, Rotimi Oyedepo (SAN), Omoile admitted that he was cautioned before making the statement and that he signed the cautionary words.

    When asked whether the EFCC had filed a counter-affidavit to oppose the allegations he raised, Omoile responded in the affirmative. However, he admitted that he did not produce the document before the court.

    He also told the court that he had discussed with his lawyer the possibility of filing a fundamental human rights enforcement suit and confirmed that a motion ex parte was tendered before the court that morning.

    Under further questioning, he acknowledged that the ruling he tendered had no direct bearing on Exhibit D4, although he insisted that both issues were connected.

    “I just wanted to go home,” he said while responding to questions regarding the circumstances surrounding the statement.

    When asked by the prosecution whether he had filed any complaint or petition against the EFCC investigative team over the alleged threats, Omoile answered in the negative.

    Earlier in the proceedings, Omoile had alleged that EFCC investigators attempted to pressure him into implicating Emefiele.

    According to him, the head of the investigative team, identified as Alvan, allegedly promised that he would be granted bail and might not be charged if he cooperated by providing incriminating evidence against the former CBN governor.

    Justice Oshodi subsequently adjourned the matter until April 17, 2026, for the adoption of final written addresses.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Staff Editor
    • Website

    Related Posts

    EFCC Returns ₦279m Recovered from Fraud to Wole Soyinka Culture Centre

    March 7, 2026

    Embrace Anti-Corruption Crusade, Olukoyede Charges Youths

    March 4, 2026

    Yahaya Bello: Court Adjourns to Rule on Admissibility of Deed of Assignment, Irrevocable Power of Attorney

    March 3, 2026
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    Local firms spearhead next growth phase in Nigeria’s oil sector

    June 3, 2025

    Shell to acquire TotalEnergies’ 12.5% stake in Bonga for $510m

    May 29, 2025

    Refinery extends U.S. WTI crude buying spree into July

    May 30, 2025

    JAMB sets 2025/26 university cut‑off at 150, bars under‑16

    July 9, 2025
    Don't Miss

    EFCC Returns ₦279m Recovered from Fraud to Wole Soyinka Culture Centre

    By Staff EditorMarch 7, 2026

    The Economic and Financial Crimes Commission (EFCC) has handed over ₦279 million recovered from a…

    Court Dismisses Suit Seeking Removal of David Mark, Aregbesola as ADC Leaders

    March 6, 2026

    Alleged $4.5bn Fraud: Omoile Admits Lying in EFCC Statement

    March 6, 2026

    Court Acquits Abba Kyari of 23-Count Asset Declaration Charge

    March 5, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us

    NaijaFacts – Your daily pulse on entertainment, celebrity gossip, music, film, and pop culture. We bring you trending stories, exclusive highlights, and the latest buzz from Hollywood to Nollywood and everywhere in between. Stay tuned, stay entertained.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    EFCC Returns ₦279m Recovered from Fraud to Wole Soyinka Culture Centre

    March 7, 2026

    Court Dismisses Suit Seeking Removal of David Mark, Aregbesola as ADC Leaders

    March 6, 2026

    Alleged $4.5bn Fraud: Omoile Admits Lying in EFCC Statement

    March 6, 2026
    Most Popular

    Local firms spearhead next growth phase in Nigeria’s oil sector

    June 3, 2025

    Shell to acquire TotalEnergies’ 12.5% stake in Bonga for $510m

    May 29, 2025

    Refinery extends U.S. WTI crude buying spree into July

    May 30, 2025
    © 2026 Naijafacts.com

    Type above and press Enter to search. Press Esc to cancel.