Former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is scheduled to be charged by the Economic and Financial Crimes Commission (EFCC) on Wednesday before an FCT High Court for authorising the manufacture of N684.5 million naira notes at a cost of N18.96 billion.
The court and the parties worked together to reschedule the arraignment before Justice Maryann Anenih, which was first set for April 30, 2024.
In the four-count charge filed against former CBN governor, 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 Consolidated Revenue Fund (CRF) of the Federation.
This arraignment will bring to three the number of court cases instituted by the EFCC or the Office of the AGF against the former CBN governor.
Recall that on November 17, 2023, Emefiele was arraigned before Justice Hamza Muazu of FCT High Court on a six-count charge of procurement fraud, to which he pleaded not guilty.
