EFCC To Arraign Emefiele On Fresh Charge, Says He Printed N684.5m Notes With N18.9bn

In four new charges against him, the EFCC accused Emefiele of violating the directive to endanger the public in implementing President Muhammadu Buhari’s naira exchange policy. The anti-corruption agency also alleged that Aimefiele illegally approved the withdrawal of N124.8 billion from the Federal Government Revenue.

Chapter Three Justice Shola Soyele learned that the former CBN Governor will appear before Justice Maryann Anenih of the FCT High Court in Abuja on April 30.

Emefiele was indicted on six counts of fraud before Judge Hamza Muazu on November 17, 2023 but pleaded not guilty. Article He was also accused of exercising his authority by approving 43 car purchase contracts from 2018 to 2020 with a total value of 1.2 billion naira.

The former banker and Henry Omoile appeared before the magistrate. He also did not accept the accusations.

The new case was filed on April 2, 2024 by eight lawyers acting on behalf of the EFFC Attorney General, the Attorney General of Nigeria, Rotimi Oyedepo, and the Attorney General of the Federation. Law No. counts one to four: “Penal statement: A servant who violates the law to the detriment of the public, violates Article 123 of the Penal Code and is subject to Federal Law 89 of 1990.

With the express approval of the Central Bank and the President of the Association of the Federation of Nigeria, N375 Printed as N520,000.00 instead of N11,052,068,062 of the total amount of N11,052,068,062, 000 is the public loss caused by your action and therefore you are guilty of the crime Chapter 2: “Sen. , GODWIN IFEANYI EMEFIELE, on October 19, 2022 and March 5, 2023, in Abuja, knowingly violated the provisions of Section 19 of the Central Bank of Nigeria Act, 2007 by authorizing the publication of 172,000,000 color changing pages of N500 (Five Hundred Naira). ) Bill totaling N471,066,040 without the approval of the Board of Governors of the Central Bank and the express approval of the President of the Federal Republic of Nigeria, your conduct is prejudicial to the public and therefore you are illegal.

Count 3: “GODWIN IFEANYI EMEFIELE, between October 19, 2022 and March 5, 2023, in Abuja, violated the provisions of Section 19 of the CBN Act 2007 by permitting the unauthorized publication of the book 137,070,002 Changing Color, Naira Hunt (Two Hun) did. Approval of the Board of Directors of the Central Bank and final approval of the President of the Federal Republic of Nigeria, the total amount is N3, 441, 005, 280, your conduct caused public harm and you have committed a crime.

Crimes under torture.” No. . Section 4: “You, GODWIN IFEANYI EMEFIELE, on or before October 7, 2020, in Abuja by order of this Court, shall violate the provisions of Article 80 of the Constitution. The Federal Republic of Nigeria, 1999 (as amended) agreed to withdraw from the Government the sum of N124, 860, 227, 865.16. harm to the public. and therefore you sinned.

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