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Court Summons Key Witnesses in Emefiele’s $6.23m Fraud Trial Over Naira Redesign Probe

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Justice Hamza Muazu of the High Court of the Federal Capital Territory (FCT), Abuja, has summoned former Executive Secretary of the Financial Reporting Council of Nigeria, Jim Obazee, to appear before the court as a prosecution witness in the ongoing $6.23 million fraud trial involving former Central Bank Governor, Godwin Emefiele.

Obazee is expected to testify alongside a Commissioner of Police, Eloho Okpoziakpo, as part of the prosecution’s case.

The Economic and Financial Crimes Commission is prosecuting Emefiele on an amended 20-count charge bordering on criminal breach of trust, forgery, abuse of office, and conspiracy to obtain money by false pretence amounting to $6.23 million.

In a subpoena dated April 27, 2026, Justice Muazu directed both witnesses to appear before the court on April 28, 2026, at 9:00 a.m., and subsequently from day to day until the conclusion of the trial. The court specifically ordered them to tender evidence, including newspaper publications relating to the controversial naira redesign policy.

Court documents indicate that the witnesses are scheduled to enter the witness box at about 11:00 a.m.

The EFCC had earlier argued that the testimonies of Obazee and Okpoziakpo are crucial to substantiating the allegations against Emefiele, describing them as central figures in the investigation that led to the filing of charges.

Justice Muazu, in the subpoena, noted that both witnesses were directly involved in investigating the alleged offences and are expected to provide clarifications on issues surrounding the naira redesign, which forms a key aspect of the case.

Mike Ojo

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