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Witness: Emefiele Printed Naira Notes Different From Design Buhari Approved

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A FORMER director of Currency Operations, Central Bank of Nigeria (CBN), Mr. Ahmed Umar, has alleged that the immediate past governor of the apex bank, Mr. Godwin Emefiele, printed his own design of the naira, different from the one former President Muhammadu Buhari approved.

Umar, while giving evidence at the Federal Capital Territory (FCT) High Court in Maitama, said the features in the design approved by Buhari were different from the ones Emefiele ordered to be printed.

According to him: “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.”

Recall that 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.

Emefiele, however, pleaded not guilty to the charge and was admitted to bail in the sum of N300 million.

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