Arrest warrant: Court gives Emefiele January 25 to appear over $53m debt

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Arrest warrant: Court gives Emefiele January 25 to appear over $53m debt
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A Federal High Court in Abuja has given former Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, until January 25 to appear in court to explain circumstances surrounding the $53 million-judgment debt arising from the Paris Club refund.

Justice Inyang Ekwo, in a short ruling on Tuesday, gave Emefiele another opportunity to appear in court in person or an arrest warrant issued against him. The development followed a plea by Emefiele and CBN’s counsel, Audu Anuga, SAN, that all efforts to ensure that his client appeared in person on the order of the court were unsuccessful as he was still in custody.

The senior lawyer, however, explained that all efforts were made until Friday to ensure that Emefiele was released on order of the court but the order was not complied with, which necessitated the filing of the affidavit. Anuga, however, told the court that since parties had been exploring settlement before and the CBN had a new governor, they should be allowed to explore settlement option. But Justice Ekwo insisted that Emefiele must appear on the next adjourned day.

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