* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 6, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Blue Fox Entertainment Revitalizes iPic Theaters in Westwood and New York with Exciting Relaunch as The Cinemas

    How Online Casinos Have Revolutionized Digital Entertainment

    10 Must-Watch Shows for Fans of ‘Spider-Noir

    Scott Pelley fired from ’60 Minutes,’ deepening turmoil at CBS News – Idaho State Journal

    Why Max Cady from ‘Cape Fear’ Continues to Haunt Audiences as a Timeless Nightmare

    Celebrate Pride Month 2026 with Seattle Pride in the Park and Exciting Events

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Syracuse Central High School Junior-Senior Prom 2026: An Unforgettable Night of Celebration

    Teradata Bridges Data, AI, and Tech Roles to Drive Execution Success Amid Investor Focus

    How Technology Is Revolutionizing the Future of the Restaurant Industry

    Innovative Chemical “Cage” Strategy Enables Precise Drug Delivery and Activation

    China has approved the world’s first invasive brain-computer chip—here’s what’s next – MIT Technology Review

    Is Marvell Technology (MRVL) Overhyped After Its Stunning Recent Rally?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Blue Fox Entertainment Revitalizes iPic Theaters in Westwood and New York with Exciting Relaunch as The Cinemas

    How Online Casinos Have Revolutionized Digital Entertainment

    10 Must-Watch Shows for Fans of ‘Spider-Noir

    Scott Pelley fired from ’60 Minutes,’ deepening turmoil at CBS News – Idaho State Journal

    Why Max Cady from ‘Cape Fear’ Continues to Haunt Audiences as a Timeless Nightmare

    Celebrate Pride Month 2026 with Seattle Pride in the Park and Exciting Events

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Syracuse Central High School Junior-Senior Prom 2026: An Unforgettable Night of Celebration

    Teradata Bridges Data, AI, and Tech Roles to Drive Execution Success Amid Investor Focus

    How Technology Is Revolutionizing the Future of the Restaurant Industry

    Innovative Chemical “Cage” Strategy Enables Precise Drug Delivery and Activation

    China has approved the world’s first invasive brain-computer chip—here’s what’s next – MIT Technology Review

    Is Marvell Technology (MRVL) Overhyped After Its Stunning Recent Rally?

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

CBN officials demanded $600k bribe to process payment of executed contract, says witness at Emefiele’s trial

May 10, 2024
in Business
CBN officials demanded $600k bribe to process payment of executed contract, says witness at Emefiele’s trial
Share on FacebookShare on Twitter

Victor Onyejiuwa, managing director of The Source Computers Limited, on Thursday testified at the Lagos high court in the case against Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), for abuse of office.

Emefiele and Henry Omoile, his co-defendant, are standing trial on 26 charges and have entered a not guilty plea.

The Economic and Financial Crimes Commission (EFCC) presented Onyejiuwa as the fourth witness. He stated that from 2014 to 2019, his company provided technology support to the CBN and received at least five contracts.

In 2017, the CBN granted his company a contract for enterprise storage and servers. Post-execution, John Ikechukwu Ayoh, a former CBN director, informed Onyejiuwa that management required a portion of the contract’s funds, threatening non-approval of payment otherwise.

“After the contract had been executed, I was accosted by Mr John, saying the management was requesting something from the transaction,” he told the court.

“He said there was pressure on him. I told him that our payment was being delayed. He told me that if I don’t accede to his request, my payment will not be approved.”

Onyejiuwa conceded to Ayoh’s demands after discussions, organising $400,000 and $200,000 to ensure the contract’s payment, which followed within weeks.

“After several back and forth for him to see reasons with me on why I needed to get paid and my obligations with my partners, I succumbed to his pressure.

“I was able to organise the sum of $400k and $200k to facilitate payment of the contract funds. Within two or three weeks after, payment was made. That is what happened,” he said.

Upon questioning by the EFCC, Onyejiuwa disclosed contract amounts including a $1.2 billion contract when the exchange rate was N360/$, and others valued at $2.1 million, N340,000, and N17 million.

Following Onyejiuwa’s testimony, Emefiele’s counsel, Olalekan Ojo, requested an adjournment for cross-examination at the next hearing. Justice Rahman Oshodi adjourned the case for May 17.

Previously, on April 29, Ayoh testified, stating his tenure at the CBN and his indirect reporting to Emefiele. He admitted to collecting money from contractors on Emefiele’s instructions and delivering it to Emefiele’s assistant, John Adetona.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Businessday.ng – https://businessday.ng/news/article/cbn-officials-demanded-600k-bribe-to-process-payment-of-executed-contract-says-witness-at-emefieles-trial/

Tags: businessdemandedOfficials
Previous Post

Defence Minister links proliferation of small arms to rise in oil theft, kidnapping in Niger Delta

Next Post

Bandits raid Confluence University of Science and Technology, abduct students in Kogi State

Rising Defiance: Vulnerable Republicans Fight Back Against Trump’s Agenda Ahead of Midterms

June 6, 2026

Syracuse Central High School Junior-Senior Prom 2026: An Unforgettable Night of Celebration

June 6, 2026

Unlock Your Future: Apply Now for the 2027 Simons Graduate Fellowships in Ecology and Evolution

June 6, 2026

England vs New Zealand: Thrilling Match Preview and Up-to-Date Team News

June 6, 2026

Rising Seas Endanger Mangroves and Risk Releasing Massive Carbon Stores

June 6, 2026

Scientists Make Groundbreaking Leap in Precise Human Embryo Gene Editing for the First Time

June 6, 2026

Lifestyle Influencer Ashlee Jenae’s Cause of Death Revealed After Much Speculation

June 6, 2026

Iran footballers issued US visas for World Cup, says White House – Al Jazeera

June 6, 2026

Surprising May Job Growth Unlikely to Sway Bank of Canada’s Rate Decision

June 6, 2026

Soaring Healthcare Costs: Deductibles Surge as Premiums Keep Rising

June 6, 2026

Categories

Archives

June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,251)
  • Economy (1,273)
  • Entertainment (22,149)
  • General (21,928)
  • Health (10,307)
  • Lifestyle (1,284)
  • News (22,149)
  • People (1,275)
  • Politics (1,293)
  • Science (16,487)
  • Sports (21,771)
  • Technology (16,258)
  • World (1,264)

Recent News

Rising Defiance: Vulnerable Republicans Fight Back Against Trump’s Agenda Ahead of Midterms

June 6, 2026

Syracuse Central High School Junior-Senior Prom 2026: An Unforgettable Night of Celebration

June 6, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version