JUST IN: Prosecution opens trial in cases against Emefiele, Sirika

The prosecution commenced trial on Tuesday, May 28, before the High Court of the Federal Capital Territory in two criminal cases involving former governor of the Central Bank of Nigeria , Godwin Emefiele, and ex-Aviation Minister, Hadi Abubakar Sirika.

Sirika and his brother, Ahmad Abubakar Sirika are facing a 10-count charge bordering on contract fraud in respect of which they were arraigned on May 23 before Justice Suleiman Belgore. Led in evidence by prosecuting lawyer, Rotimi Oyedepo , Umar said he knew the defendant as the Governor of the CBN while he served as the Director, Currency Operations.

The witness the BOD is the highest decision-making body of the CBN, while the COG takes care of operational matters as it relates to the day-to-day running of the bank. He said after the meeting of the COGs on October 26, the Corporate Secretariat Dept conveyed anticipatory approval from the COGs, pending ratification by the BOGs.

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