BREAKING: EFCC Exposes How Emefiele Spent N18.9bn to Print N684.5m

BREAKING: EFCC Exposes How Emefiele Spent N18.9bn to Print N684.5m

Godwin Emefiele, the previous governor of the Central Financial institution of Nigeria (CBN), has been dragged earlier than a Federal Excessive Court docket in Abuja in a contemporary swimsuit filed by the Financial and Monetary Crimes Fee (EFCC).

Within the new cost, the embattled former governor of the CBN was accused of signing the printing of N684,590,000 at the price of N18.96 billion.

The EFCC has exposed how the former governor of the CBN Godwin Emefiele, spent N18.9bn to print N684.5m when in office.BREAKING: EFCC information contemporary costs in opposition to Emefiele
Picture Credit score: Godwin EmefieleSource: Twitter

In keeping with The Punch, in a cost cheat, the EFCC mentioned that Emefiele broke the regulation with the intention to hurt the general public whereas implementing the brand new naira notes coverage of the quick previous President Muhammadu Buhari’s administration.

Within the swimsuit, the EFCC additionally alleged that Emefiele, whereas in workplace, unlawfully accepted the withdrawal of N124.8 billion from the Consolidated Income Fund of the Federation (CRFF).

In keeping with the EFCC’s high prosecutor, Rotimi Oyedepo SAN, within the case file with No: CR/264/2024, dated April 2, 2024, Emefiele is scheduled to be arraigned on a brand new four-count cost earlier than Justice Hamza Muazu on the allegation of disobeying the regulation to pub=nish Nigerians, abuse of cash, unlawful printing, amongst others.

The case file partly learn:

“STATEMENT OF OFFENCE: Public Servant disobeying route of regulation with intent to trigger damage to the general public opposite to and punishable underneath Part 123 of the Penal Code Regulation, Cap. 89 Legal guidelines of the Federation, 1990.”

Supply: TheTalk.NG

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