In a recent court session at the Ikeja Special Offences Court, startling revelations emerged concerning the actions of Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN).

Testimony from Monday Osasuwa, a CBN staff member, illuminated alleged irregularities involving Emefiele and substantial sums of money, as reported by The Nation.

Osasuwa, who rose from a dispatch rider at Zenith Bank to a senior supervisor in the CBN Governor’s office in Lagos, detailed his involvement in Emefiele’s affairs. He recounted instances where he was tasked with collecting significant amounts of cash on Emefiele’s behalf, both locally and beyond Lagos.

According to Osasuwa, Emefiele’s modus operandi involved either personally collecting the money when in Lagos or directing him to deliver it to another individual, identified as Henry Isioma-Omoile, the second defendant in the case.

Furthermore, Osasuwa disclosed Emefiele’s instructions to collect cheques from MINL Ltd, a company situated in Isolo, during his tenure at Zenith Bank. These cheques were then directed to Dumies Oil and Gas account, per Emefiele’s directives.

Despite handling substantial sums, Osasuwa admitted to not keeping records of these transactions, citing Emefiele’s instructions. Notably, he emphasized that Emefiele never explicitly rewarded him for his services, indicating his actions were driven by loyalty rather than financial incentives.

The witness stated, “I have never been rewarded, paid, or given anything because I am doing it out of faithfulness and he knows it but he has never for once said ‘take this’.” During cross-examination, Osasuwa affirmed his long-standing association with Emefiele since 2002.

While unable to specify the exact duration of the second defendant’s residency with Emefiele, he confirmed their cohabitation.