Alleged Fraud: Witness Narrates How Emefiele Move $6.23 billion from CBN Coffers to Fund Foreign Observers of 2023 Election

A witness, Chinedu Eneanya on Monday, April 27, 2026 told Justice Hamza Muazu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, a total sum of $6.23billion was allegedly siphoned from the coffers of the Central Bank of Nigeria under the guise of funding foreign election observers.

The Economic and Financial Crimes Commission, EFCC, is prosecuting Emefiele on an amended 20-count charge bordering on criminal breach of trust, forgery, abuse of office, conspiracy to obtain by false pretence.

Eneanya, who was led in evidence by the prosecution counsel, Rotimi Oyedepo, SAN, as the 13th prosecution witness, PW13, told the court that he was part of the team assigned to investigate the allegations against the defendant.

According to him, investigations revealed that the sum of $6.23 billion was removed from the coffers of the CBN purportedly for the funding of foreign observers for the 2023 general election.Continue Your, Reading. .