N124.86bn withdrawn by CBN from Consolidated Fund not traced to Emefiele – EFCC witness tells court
A witness of the Economic and Financial Crimes Commission, EFCC, Dr Ali Mohammed, on Wednesday, admitted at the High Court of the Federal Capital Territory, FCT, that the ₦124.86 billion withdrawn by the Central Bank of Nigeria, CBN, from the Consolidated Revenue Account of the federal government was not traced to Godwin Emefiele He said […] N124.86bn withdrawn by CBN from Consolidated Fund not…
Dr. Ali Mohammed, an EFCC witness, testified in court that the Central Bank of Nigeria's withdrawal of ₦124.86 billion from the Consolidated Revenue Account of the federal government was not traced to former CBN Governor Godwin Emefiele. The witness, who serves as Director, Home Finance in the Federal Ministry of Finance, stated that neither the Federal Ministry of Finance nor the Accountant General of the Federation questioned the withdrawal.
The witness also said he was not aware that the money was used to subsidize Hajj pilgrimage on former President Muhammadu Buhari's directive.
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