N124.86bn withdrawn by CBN from Consolidated Fund not traced to Emefiele – EFCC witness tells court

A witnesser of the Economic and Financial Crimes Commission, EFCC,  Dr Ali Mohammed, connected Wednesday, admitted astatine the High Court of the Federal Capital Territory, FCT, that the ₦124.86 cardinal withdrawn by the Central Bank of Nigeria, CBN, from the Consolidated Revenue Account of the national authorities was not traced to Godwin Emefiele

He said the withdrawal of the sum by CBN nether Emefiele’s authorities was not queried by the Federal Ministry of Finance arsenic good arsenic the Accountant General of the Federation.

On a proposition that the wealth was utilized connected the acquisition of erstwhile President Muhammadu Buhari to subsidise Hajj pilgrimage, the witnesser said helium was not alert of that.

The witness, who is simply a Director, Home Finance, successful the Federal Ministry of Finance, testified successful the proceedings of the erstwhile politician of CBN by EFCC connected alleged economical crimes.

Under transverse introspection by Emefiele’s lawyer, Olalekan Ojo SAN, successful the ongoing proceedings of the erstwhile CBN politician for the naira redesign, the EFCC witnesser told the tribunal that helium was not alert of the usage of the wealth to subsidize Hajj p...