In a legal saga that continues to unfold, the Economic and Financial Crimes Commission (EFCC) has brought forth a fresh set of charges against Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN).


These charges, filed at the High Court of the Federal Capital Territory, allege Emefiele's involvement in the unauthorized printing of Naira and other financial irregularities during his tenure.


The EFCC's latest accusation revolves around Emefiele's purported approval of the printing of N684,590,000 at a rate totaling N18.96 billion.


These funds, the commission contends, were printed unlawfully and without due process, constituting a breach of public trust and financial regulations.


According to documents obtained by PUNCH Online, Emefiele is slated to face a new four-count charge before Justice Hamza Muazu.


The charges include accusations of disobeying legal directives, illegal printing of money, abuse of office, and other offenses allegedly committed during his implementation of the naira swap policy under the administration of former President Muhammadu Buhari.


The specifics of the charges detail Emefiele's purported violations of the Central Bank of Nigeria Act, 2007, including instances where he allegedly approved the printing of significant quantities of Naira notes without the requisite approvals from the Central Bank Board and the President of Nigeria.


Read More: https://naijaupdate.ng/efcc-lodges-fresh-charges-against-godwin-emefiele-alleges-unlawful-printing-of-naira/

Clowns... Until Buhari is invited, you guys are joking