Abuja, June 11, 2024 – Ahmed Umar, a former Director of Currency Operations at the Central Bank of Nigeria (CBN), on Tuesday alleged that Godwin Emefiele, a former Governor of the bank, printed his own design of new naira notes.
Umar made the allegation while giving evidence at the Federal Capital Territory, FCT, High Court sitting in Maitama, Abuja.
He said the features in the design approved by former President Muhammadu Buhari were different from the ones Emefiele ordered to be printed.
“The design approved by the President had a QR code, which the currency in circulation does not.
“The positioning of the portrait was on the right side, that printed by the CBN was on the left and the number scheme approved by the President is different from what the CBN produced,” he said.
Emefiele, however, denied the allegation and was admitted to bail in the sum of N300 million.
The Economic and Financial Crimes Commission (EFCC) had on May 15, arraigned Emefiele on a four-count charge before Justice Maryanne Anenih of the FCT High Court. (GBN)
