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    Emefiele pleads not guilty to printing N684m Naira notes with N18.96bn

    Opalim LiftedBy Opalim LiftedMay 15, 2024No Comments1 Min Read
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    Emefiele prays court to foreclose prosecution over procurement fraud
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    The embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pleaded not guilty to the allegation of approving the printing of N684.5 million at the rate of N18.96 billion.

    Emefiele said this during his arraignment on Wednesday by the Economic and Financial Crimes Commission on a four-count charge before Justice Maryann Anenih of the FCT High Court, Abuja.

    The EFCC filed a four-count charge against Emefiele, alleging that he disobeyed the law with the intent to injure the public while implementing the naira swap policy under the administration of former President Muhammadu Buhari.

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

    Today’s arraignment on the fresh charges brought before Emefiele was previously scheduled to be held on April 30.

    The arraignment was, however, stalled due to the absence of the prosecution, who had asked the court to fix another date for the arraignment as the previous date was no longer convenient.

    Following his request, the matter was fixed for today, Wednesday, May 15.

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    Female hostel collapses, traps many students in Anambra

    Anambra hostel collapse kills two, three rescued

    July 28, 2026
    24 BBNaija housemates contest for N160m prize

    BBNaija bars two housemates from N160m prize

    July 27, 2026
    Tyla announces world tour, to perform in Lagos amid xenophobia

    Tyla announces world tour, to perform in Lagos amid xenophobia

    July 27, 2026
    Former DSS director Dennis Amachree recounts Abacha's final moments, claiming the ex-military ruler died from a coitus-induced cardiac arrest.

    ‘Release the CCTV footage’, ex-DSS boss Amachree dares Al-Mustapha over Abacha death claim

    July 27, 2026
    Gunmen kill over 30 in Kaduna community raid

    Gunmen kill over 30 in Kaduna community raid

    July 27, 2026
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