Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, today, pleaded not guilty to the charges of approving the printing of ₦684.5m at the rate of ₦18.96bn.
Emefiele was arraigned before Justice Maryann Anenih of the FCT High Court, Abuja, on a four-count charge by the Economic and Financial Crimes Commission (EFCC).
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.
He, however, pleaded not guilty to the charges.
Today’s arraignment brought to three the number of charges pending against the former CBN governor.
On November 17, 2023, Emefiele was arraigned before Justice Hamza Muazu on a six-count charge of procurement fraud, to which he pleaded not guilty.
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