Emefiele denies alleged unlawful Naira redesign charge, gets N300m bail

Immediate past Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele on Wednesday denied any wrongdoing in redesigning the nation's currency, the Naira in 2022.

Immediate past Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele on Wednesday denied any wrongdoing in redesigning the nation's currency, the Naira in 2022. Emefiele made the denial when he pleaded not guilty to the four count charge preferred against him before Justice Maryanne Anenih of the High Court of the Federal Capital Territory, FCT, sitting in Maitama, Abuja.

In count four, he was alleged to have withdrawn the sum of N124, 860, 227, from the Consolidated Revenue Fund of the Federation in a manner not prescribed by the National Assembly. He pleaded not guilty to all four counts and his lawyer, Mahmud Magaji, SAN, then moved his bail application, drawing attention to an earlier bail granted by Justice Hamza Muazu of the same FCT High Court, Maitama.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyPostNGR /  🏆 11. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BREAKING: Emefiele gets N300m bail over new Naira note printingThe Nation Newspaper BREAKING: Emefiele gets N300m bail over new Naira note printing
Read more »

Court grants Emefiele N300m bail in trial on naira notes printingA federal high capital territory high court in Abuja has granted bail to Godwin Emefiele, former governor of the Central Bank of Nigeria...
Read more »

BREAKING: Emefiele granted N300m bail in fresh criminal trialA Federal Capital Territory, FCT, High Court sitting in Maitama has granted former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, a N300 million bail following his arraignment on a four-count charge bordering on printing new Naira notes without observing due process.
Read more »

[BREAKING] New naira notes: Court grants Emefiele N300 million bailA Trusted Nigerian Newspaper
Read more »

Naira printing: Emefiele pleads not guilty to EFCC’s fresh chargeGodwin Emefiele has pleaded not guilty to the allegation that he unlawfully printed Naira Notes while he held sway at the apex bank.
Read more »

Emefiele arraigned for printing naira notes without ‘strict approval’Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), has been arraigned on a fresh four-count charge by...
Read more »