Godwin Emefiele, a former governor of the Central Bank of Nigeria (CBN), will be charged by the Economic and Financial Crimes Commission (EFCC) on Wednesday for authorizing the printing of N684.5 million at the rate of N18.96 billion.
The court, in consultation with the parties, rescheduled the arraignment from its initial date of April 30, 2024.
The EFCC accused Emefiele of violating the law with the intention of harming the public when he carried out the former President Muhammadu Buhari’s naira swap policy, according to the four-count allegation brought against him.
The anti-graft agency also accused Emefiele of unlawfully approving the withdrawal of N124.8 billion from the Consolidated Revenue Fund of the Federation.
Former CBN governor will be arraigned on these counts before Justice Maryann Anenih of the FCT High Court, Abuja.
Emefiele was arraigned before Justice Hamza Muazu on a six-count charge of procurement fraud to which he pleaded not guilty.
He was also accused of abusing his office by approving a contract for the acquisition of 43 vehicles totalling N1.2 billion from 2018 to 2020.
On April 8, 2024, the EFCC also arraigned the former banker alongside one Henry Omoile before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos for an alleged $4.5bn and N2.8bn fraud.
He pleaded not guilty to the charge.
RN
