Emefiele on Trial for Alleged Disobedience in Local Naira Redesign Production
In a legal proceeding, witness Chinedu Eneanya testified that former CBN Governor Godwin Emefiele followed ex-President Buhari's order to locally produce redesigned Naira notes, facing trial for allegedly disobeying directives and causing public harm. Emefiele is accused of unauthorized acts leading to financial crimes.
The witness confirmed the redesign policy aimed to combat counterfeiting and currency shortages. The prosecution alleges Emefiele's actions violated CBN regulations.
The defense argues the redesign was approved by Buhari. The court ordered the prosecution to provide relevant documents for the defense.
The trial is set to resume on February 10.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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