‘You’re Well Received,’ – President Buhari To Emefiele

The President, Major General Muhammadu Buhari (retd. ), welcomed back the beleaguered Central Bank Governor, Godwin Emefiele, who recently returned to the country from his yearly leave.

“You are welcome to return. “I am grateful that you are well received,” Buhari said to Emefiele in the State House on Thursday.

This is Emefiele’s first encounter with President Buhari since returning to service on January 16.

Later that evening, the CBN chief returned for another discussion with the President, although he refused to comment on the topics addressed.
Emefiele had earlier joined a team led by the Arab Bank for Economic Development’s Director General, Dr Sidi Ould Tah.

While observing the protocols before his remarks, Buhari said, “The Central Bank Governor, you are welcome back. I am grateful you are well received.”

Emefiele left the country last December following the investigation of several allegations against him, including corruption and terror financing.
Weeks earlier, the DSS had sought a court order to arrest him. But the request was rejected by the Federal High Court sitting in Abuja.

JUST IN: Buhari Meets With Emefiele At The State House

The DSS asked the court to order the arrest of the CBN governor over alleged “acts of financing terrorism, fraudulent activities and economic crimes of national security dimension.”

On October 20, 2022, Justice Inyang Ekwo sitting in the Federal High Court in Abuja summoned Emefiele over the $53m judgment debt arising from the Paris Club refund.
The court ordered him to appear on Wednesday, January 18, 2023, as the hearing date.

However, Mr Emefiele filed an appeal against the FHC ruling saying that Justice Ekwo erred in law and occasioned a miscarriage of justice when he made an order compelling his attendance in court for the $53 million debt.

Wednesday’s proceedings could not go on as planned when the matter was called, making the court adjourned the case till March 20, 2023.

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