Naira Redesign: EFCC Witness Reveals Bank Hoarding During Naira Crisis.

Naira Redesign: EFCC Witness Reveals Bank Hoarding During Naira Crisis.

ABUJA — An investigator with the Economic and Financial Crimes Commission (EFCC) has officially linked commercial banks to the currency crisis of 2022. Testifying before the FCT High Court on Tuesday, Chinedu Eneanya confirmed that various banks hoarded newly redesigned notes. This institutional infraction reportedly intensified the severe cash scarcity that crippled businesses and households…

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Naira Redesign: Court Witness Admits Emefiele Obeyed Buhari

Naira Redesign: Court Witness Admits Emefiele Obeyed Buhari

A federal court in Abuja has received fresh testimony regarding the controversial 2022 naira redesign policy. A star witness confirmed yesterday that Godwin Emefiele complied with a specific presidential directive for local production. The Economic and Financial Crimes Commission investigator, Chinedu Eneanya, testified as the seventh prosecution witness. He told the court that late President…

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