Court Summons Godwin Emefiele Over $53m Judgment Debt

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The Federal High Court in Abuja has again summoned Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over a $53 million judgement debt arising from the Paris Club refunds.

Inyang Ekwo, the presiding judge, on Tuesday, insisted that the court will not hear Emefiele’s motion for stay until he appears before it.

At the resumption of the hearing on Tuesday, Ayodele Arotiowa, counsel to Agi, told the court that at the last adjourned date, Emefiele was asked to appear before the court.

Arotiowa added that the order has not been obeyed by the CBN governor.

Responding, Audu Anuga, counsel to Emefiele and CBN, said the court did not sit on the last adjourned date.

Anuga told the court that his client had filed an appeal against the order alongside a motion of stay.

Responding to Anuga’s comment, the presiding judge said the court order prompted Emefiele to appeal so that he did not appear in court.

Ekwo said the court would not entertain the motion for stay until Emefiele appears before it.

“I am not going to hear you on this application until Mr Godwin Emefiele appears in court,” the judge said.

“Therefore, I am going to give you a date for you to report to the court in compliance with the order of the court.

“Upon being aware that the motion for stay of execution is a live matter in this court, this court shall not hear that application unless and until Mr Godwin Emefiele who has been ordered to appear in court appears in court.

The case was adjourned to July 19.