Justice Inyang Ekwo of the Federal High Court, sitting in Abuja, said it will issue an arrest warrant against the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

Emefiele has failed to appear before the court for every date scheduled, thereby delaying judgement in the Paris Club refund case involving a judgement fund of $53 million.

The amount is the balance of the $70 million the court ordered the judgement debtors; CBN, Emefiele, Linas International Ltd and the Minister of Finance to pay legal counsel, Joe Agi.

According to reports, the judgement debt was awarded to Agi for his role in the Paris Club refund, but only $17 million has been paid.

Several dates have been set for the appearance of Emefiele since October 20, 2022. From January 18, 2023, to March 20, then June 6 and July 19, but Emefiele remained absent, prompting Justice Ekwo to threaten him with an arrest warrant.

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