Home News $6.23m withdrawn from CBN for phoney election observers during Emefiele’s tenure, EFCC...

$6.23m withdrawn from CBN for phoney election observers during Emefiele’s tenure, EFCC witness tells court

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A witness of the Economic and Financial Crimes Commission (EFCC) has told a Federal Capital Territory (FCT) high court in Abuja how a withdrawal of $6.23 million was made from the Central Bank of Nigeria (CBN) for a purported election monitoring exercise during the 2023 general election under the leadership of Godwin Emefiele, former governor of the apex bank.

Testifying on Monday, Chinedu Eneanya, an assistant commander with the EFCC, said investigations showed the funds were taken from the CBN vault under the pretext of paying foreign election observers.

The cable