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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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    Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja has denied a motion for his recusal from the ongoing prosecution of Godwin Emefiele, former Governor of the Central Bank of Nigeria.
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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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    PDP leadership must sanction Wike, North-East group demands

    Wike boasts, says ‘I made PDP a major political force’

    June 2, 2025
    JUSUN: Court sealed as striking judiciary workers lock out judges in Abuja

    JUSUN: Courts sealed as striking judiciary workers lock out judges in Abuja

    June 2, 2025
    PDP leadership must sanction Wike, North-East group demands

    Wike criticises Amaechi, says ex-minister is ‘hungry for power, not food’

    June 2, 2025
    Eid-ul-Adha: FG declares Friday, Monday public holidays

    Eid-ul-Adha: FG declares Friday, Monday public holidays

    June 2, 2025
    Catholic Church shuts over 15 parishes in Benue following deadly herdsmen attacks

    Catholic Church shuts over 15 parishes in Benue following deadly herdsmen attacks

    June 2, 2025
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