More woes for Emefiele as EFCC sets to arraign him on fresh charges

The Economic and Financial Crimes Commission (EFCC) is set to arraign former Governor of the CBN, Godwin Emefiele, for approving the printing of N684.5m notes at the rate of N18.96bn.

In the fresh 4 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.

Channels Television gathered that the former CBN governor will be arraigned on these counts before Justice Maryann Anenih of the FCT High Court, Abuja on April 30. This arraignment will bring to three the number of charges pending against the former CBN governor. On Nov. 17, 2023, Emefiele was arraigned before Justice Hamza Muazu on a 6 count charge of procurement fraud to which he pleaded not guilty.