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.