Just In: Emefiele Pleads Not Guilty to EFCC Fresh Allegation

  • The EFCC has again arraigned the former governor of the CBN, Godwin Emefiele, for printing N684.5m at the rate of N18.96bn
  • Emefiele pleaded not guilty to the charges before Justice Maryann Anenih of the FCT High Court, Abuja, on Wednesday morning
  • The EFCC, in the charges, alleged that Emefiele went against the law while implementing the naira redesign policy during the administration of former President Muhammadu Buhari

The Economic and Financial Crimes Commission (EFCC) arraigned embattled former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Wednesday, May 15, for approving the printing of N684.5m at the rate of N18.96bn.

Emefiele pleaded not guilty to the four charges when he was arraigned before Justice Maryann Anenih of the FCT High Court, Abuja.

Godwin Emefiele, the former governor of the CBN, has again been arraigned by the EFCC before Justice Maryann Anenih of the FCT High Court, Abuja for printing N684m notes with N18.96bn.Emefiele arraigned for the third charges by the EFCC
Photo Credit: @GodwinIEmefiele, @officialEFCCSource: Twitter

How Emefiele disobeyed law, EFCC tells court

In the four-count charge filed against him, the EFCC alleged that Emefiele disobeyed the direction of law with intent to cause injury to the public during his implementation of the naira swap policy of the administration of former President Muhammadu Buhari.

The anti-graft agency also accused Emefiele of unlawfully approving the withdrawal of N124.8 billion from the Federation’s Consolidated Revenue Fund.

Wednesday’s arraignment brought to three the number of charges pending against the former CBN Governor.

List of charges against Emefiele

The former CBN governor was arraigned before Justice Hamza Muazu on November 17, 2023. He pleaded not guilty to the six-count charge of procurement fraud.

Emefiele has also been accused of abuse of office over the approval of contracts for the acquisition of 43 vehicles worth N1.2 billion from 2018 to 2020.

The EFCC also arraigned the ex-CBN governor, along with one Henry Omoile, on April 8, 2024. They were arraigned before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja over an alleged $4.5bn and N2.8bn fraud.

Source: TheTalk.NG


#1: Why I Reinstated Lamido Sanusi As Kano Emir, Governor Yusuf Opens Up

APPLY HERE

#2: “Why Peter Obi Shouldn’t Contest for President in 2027,” Wole Soyinka Explains

APPLY HERE

#3: 1-Year-in-Office: Wike Lists Key Achievements Under Tinubu’s Administration

APPLY HERE

#4: Stage Collapse at Mexico Election Rally Claims Lives of Nine, Including Child

APPLY HERE

#5: Breach of Law: Ex-PGF DG Lukam Takes on Tinubu, APC, Threatens Lawsuit

APPLY HERE

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Adblock Detected, Please disable your adblock to continue browsing this website