Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), has pleaded not guilty to charges related to the printing of N684.5 million at a rate of N18.96 billion. Emefiele made this plea during his arraignment on Wednesday by the Economic and Financial Crimes Commission (EFCC) at the FCT High Court in Abuja, presided over by Justice Maryann Anenih.
UPDATE: Emefiele Set To Regain Freedom As EFCC Takes Over Case
The EFCC has brought a four-count charge against Emefiele, accusing him of disobeying legal directives with the intention of causing public harm. These allegations are connected to his role in the naira swap policy implemented under the administration of former President Muhammadu Buhari. Additionally, Emefiele is charged with the unauthorized withdrawal of N124.8 billion from the Federation’s Consolidated Revenue Fund.
The case is currently unfolding, with more details expected to emerge as proceedings continue.
Anaedoonline
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