More
    HomeNewsNigeria debunks report of $21m seizure by US court, calls out media...

    Nigeria debunks report of $21m seizure by US court, calls out media outlets

    Published on

    spot_img

    Nigeria’s Attorney General and Minister of Justice, Lateef Fagbemi, has categorically denied reports that a US District Court authorized the seizure of $21 million from Nigeria’s JP Morgan account.

    The Ministry of Justice, on Wednesday, issued a statement signed by AGF Fagbemi debunking the “inaccurate publications” some media outlets, emphasizing that the US District Court never authorized such a seizure.

    “The ministry wishes to set the record straight regarding an inaccurate publication by Peoples Gazette and others alleging that a US District Court has authorised a certain Louis E. Williams to seize $21m from Nigeria’s account with JP Morgan.

    “We wish to note from the report follows similarly inaccurate publications by Peoples Gazette on August 21, 2023, under the cover: ‘UK Court authorises SSS victim Williams Emovbira to seize $21 million from CBN account with JP Morgan in New York’.

    Read Also: Yahaya Bello takes money laundering case to Supreme Court

    “The ministry wishes to set the record straight… None of the media outlets that syndicated the story sought the reaction of the Nigerian government,” the statement read. Fagbemi challenged these outlets to produce a copy of the alleged US court order.

    At the center of the controversy is British-Nigerian businessman Williams Emovbira, who claims to have been abused and defrauded by Nigeria’s domestic intelligence office in the 1980s. Emovbira is seeking $21 million in damages from Nigeria’s JP Morgan account.

    However, the Justice Ministry clarified that the US District Court’s decision on August 21, 2024, merely allowed the case to proceed to a substantive hearing, not authorizing any fund seizure. “Nigeria has filed an appeal against the interlocutory decision… and remains confident and optimistic that his attempts to strong-arm the Nigerian government will come to nought.”

    Key Points:

    – No Seizure Authorized: US District Court did not authorize the seizure of Nigerian government funds.
    – Case to Proceed: The court’s decision allows the case to proceed to a substantive hearing.
    – Nigeria’s Appeal: The country has filed an appeal against the interlocutory decision.
    – Robust Legal Defenses: Nigeria has launched challenges in UK and US courts against Williams’ claims.

    The development highlights the ongoing legal battle between Nigeria and Emovbira, with significant implications for the country’s foreign assets.

    The post Nigeria debunks report of $21m seizure by US court, calls out media outlets appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.

    Latest articles

    Nigeria Pitches Credibility Over Rhetoric as Energy Transition Financing Takes Centre Stage at Davos

    From a public accountability and performance metrics standpoint, Nigeria used the global platform of...

    Airlines, Other Stakeholders Rub Minds with House Committee on Disability Matters

    Amah A. Amah Today, Thursday, 12th December, 2024, airlines, architects, as well as other stakeholders...

    Better Future Beckons for PWDs in Nigeria as House Committee Chairman Seeks Collaboration with KOREA

    Amah A. Amah in Abuja  It was in furtherance of his commitment and efforts to...

    Nigeria: Tinubu Celebrates Port Harcourt Refinery Revival, Urges NNPCL to Fast-Track Warri, Kaduna

    President Bola Tinubu has directed the management of the Nigeria National Petroleum Company, Limited,...

    More like this

    Nigeria Pitches Credibility Over Rhetoric as Energy Transition Financing Takes Centre Stage at Davos

    From a public accountability and performance metrics standpoint, Nigeria used the global platform of...

    Airlines, Other Stakeholders Rub Minds with House Committee on Disability Matters

    Amah A. Amah Today, Thursday, 12th December, 2024, airlines, architects, as well as other stakeholders...

    Better Future Beckons for PWDs in Nigeria as House Committee Chairman Seeks Collaboration with KOREA

    Amah A. Amah in Abuja  It was in furtherance of his commitment and efforts to...