BREAKING: Amid Naira’s Struggles, EFCC Uncovers How Emefiele Reportedly Spent N18 Billion …C0NTINUE READING HERE >>>
Henzodaily.ng journalist, Ridwan Adeola Yusuf, has over 9 years of experience covering public affairs and corruption matters.
FCT, Abuja – Amid Nigeria’s struggles to stabilise its exchange rate, a fresh investigation by the Economic and Financial Crimes Commission (EFCC) has revealed how Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), allegedly orchestrated the printing of one billion pieces of N100 banknotes.
In a report by Premium Times on Saturday, August 17, Emefiele also reportedly arranged the production of 5000 pieces of acrylic blocks.
The embattled former CBN governor, Godwin Emefiele, is being probed by the EFCC.
Photo credit: Kola Sulaimon
Source: Getty Images
The newspaper said it received the scoop from investigators.
Henzodaily.ng recalls that in November 2023, the EFCC opened its case in the trial of Emefiele, on charges of procurement fraud at the FCT high court, Abuja.
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The anti-graft agency charged Emefiele with six counts of alleged breach of procurement procedure in the award of the contract to April 1616 Investment Limited.
When contacted concerning the new N18 billion allegation, Dele Oyewale, the spokesperson to the EFCC, confirmed that his agency was investigating the matter but declined to provide further details.
Oyewale said:
“There is nothing I can tell you at this point because our people are still working on the matter.”
More to follow…
Source: Henzodaily.ng
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