The arraignment of suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele on charges related to unauthorized printing of naira notes has been postponed until May 15, 2024. The adjournment was granted by a Federal Capital Territory High Court in Abuja on Tuesday, April 30.
The Economic and Financial Crimes Commission (EFCC) had scheduled Emefiele’s arraignment before Justice Maryanne Anenih in a case marked CR/264/2024. The charges allege that Emefiele violated Section 19 of the CBN Act by approving the printing of N375,520,000.00 pieces of N1,000 notes without the board’s recommendation or presidential approval.
Despite the case being listed on the court’s cause list, neither the EFCC nor Emefiele’s legal team appeared during the proceedings. The EFCC had requested an adjournment, which was granted by the court.
According to sources, Emefiele is currently in Lagos. His lawyer, Maxwell Opara, confirmed that the adjournment was at the EFCC’s request. CONTINUE READING
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