A prosecution witness on Thursday told the FCT High Court in Maitama, Abuja, that former Central Bank of Nigeria (CBN) Godwin Emefiele embarked on the controversial redesign of Naira notes in 2022 without obtaining the bank’s board and Committee of Governors (COG).
The seventh prosecution witness, Chinedu Eneanya, an investigator with the Economic and Financial Crimes Commission (EFCC), said Mr Emefiele made the admission in his extra-judicial statement he wrote during investigation, preparatory to his trial.
Mr Emefiele is standing trial on four counts, including illegal redesign of Naira notes, disobedience to the direction of law, and illegal act causing injury to the public.
The former CBN governor has denied the charges.
Led in evidence by EFCC’s lawyer, Rotimi Oyedepo, a Senior Advocate of Nigeria (SAN), on Thursday, Mr Eneanya said Mr Emefiele only sought the approval of the board and committee of governors for the Naira redesign after th
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