Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN), was charged on Wednesday by the Economic and Financial Crimes Commission (EFCC) for authorising the printing of N684.5 million at the rate of N18.96 billion.
The former governor of the Central African Republic (CBN) entered a not guilty plea to all counts upon being arraigned before Maryann Anenih, a federal capital territory (FCT) high court judge.
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 Consolidated Revenue Fund of the Federation.
More to come..
