JUST IN: Emefiele pleads not responsible to printing N684m notes with N18.96bn

The Financial and Monetary Crimes Fee (EFCC), on Wednesday, arraigned embattled former Governor of the Central Financial institution of Nigeria (CBN) Godwin Emefiele for approving the printing of N684.5m on the fee of N18.96bn.

Emefiele pleaded not responsible to the four-count cost when he was arraigned on these counts earlier than Justice Maryann Anenih of the FCT Excessive Court docket, Abuja.

Within the four-count cost filed in opposition to him, the EFCC alleged that Emefiele disobeyed the route of legislation with intent to trigger harm to the general public throughout his implementation of the naira swap coverage of the administration of former President Muhammadu Buhari.

The anti-graft company additionally accused Emefiele of unlawfully approving the withdrawal of N124.8 billion from the Consolidated Income Fund of the Federation.

Wednesday’s arraignment introduced to 3 the variety of costs pending in opposition to the previous CBN Governor.

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