Sunday, May 24, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Emefiele’s Naira notes redesign brought untold economic hardship to public– EFCC witness

Robert Imoh by Robert Imoh
October 30, 2025
in News
0

 A Economic and Financial Crimes Commission, (EFCC), Chinelo Eneanya, on Thursday told a n Abuja high court, that former Central Bank of Nigeria Governor, Godwin Emefiele’s Naira notes redesign brought economic hardship to Nigerians.

 

Eneanya, an investigator with the EFCC was the seventh prosecution witness (PW7)in Emefiele ‘s trial on the redesign of naira notes of N1000, N500 and N200.

 

Being led in evidence by the prosecution counsel, Rotimi Oyedepo , SAN the witness told the court that from the video evidence tendered in court, the new naira notes redesign policy injured the public.

 

He said he was in court to give evidence on the investigation carried out in this case and their findings.

 

When asked whether the commission’s investigation covered the allegations in the case?, he said:we investigated the allegations that the conduct of the defendant caused injury to the people.

 

‘It has direct bearing on how or the effect of the naira redesign severely affected the public.

 

“We looked at the documentary, electronic and audio visual evidence of the effect of the naira redesign on the public.”

 

The Prosecution then tendered the documents, the audio- visual device and the certificate of identification in evidence.

Additionally, the certified copy of bundle of documents tagged delivery notes and notice of meeting was admitted.

Further, the bill of settlement in respect of the redesigned naira notes, 2022 and 2023 were tendered and marked as evidence.

The defendant’s counsel, Olulekun Ojo, SAN did not object to the tendering of the documents.

Six video (audio visual) evidence were played in the court, there are from News Central, Channel Television News, TVC News and Arise News .

When asked what was the commission’s findings on the video shown, the witness answered:”it showed that there were widespread frustration and difficulties from the public in meeting their daily needs and their businesses were equally affected.

” On the investigation conducted, we found that board members and committee of governors of CBN interviewed got to know about the approval of the president after, it was approved. “

The witness said in the cause of the investigation, the electronic evidence shown was to know whether there were any impact on the members of the public.

He added from the introduction of the new redesigned N1000, N500 and N200 notes by the CBN and to see the level of the hardship on the public.

” In the cause of the investigation, we set out to determine how the laws on change of policy on Naira redesign was applied or abused”.

Ojo, however, objected when the witness wanted to speak on the Supreme court ‘s judgment on naira redesign notes.

He said no witness can give evidence on a public document, he did not brought about.

Responding, Oyedepo said the video evidence, the party who tendered a document should be the only one to speak on it.

He added so that it does not amount to dumping it on the court. He cited authorities.

He said PW7 investigated the allegations and should not to be said to be hearsay. He cited authorities also.

” The witness has not given evidence to vary or alter the findings of the Supreme court. The objection is premature.”

Justice Maryann Anenih overruled the objection saying that the argument was about giving evidence on a document and dumping evidence on the court.

” The witness can go on and only give evidence which links to the document. “

Oyedepo asked the witness if the defendant was interviewed by EFCC, he said: “ yes”

He tendered in evidence the extra judicial statements made by Emefiele to EFCC.

Oyedepo asked whether the defendant in the cause of investigation was confronted with the question whether the Board or governors approved the redesign?

” He was confronted and he wrote in his statement that he did not.”

Ojo asked for an adjournment for cross-examination of PW7.

The prosecution did not object .

Justice Anenih granted the application for adjournment in the interest of justice until Nov. 26.

 

Previous Post

Alleged breach: Court strikes out FCCPC charge against MTN executives

Next Post

Multiple auto crashes claim lives on Lagos-Ibadan Expressway

Next Post

Multiple auto crashes claim lives on Lagos-Ibadan Expressway

Tinubu to Service Chiefs: New armed groups must be smashed in the head

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

NFF congratulates Osimhen, Iheanacho, Babajide, other Nigerian title winners in Europe

May 24, 2026
England’s Premier League and Championship to put to trial safe standing areas

West Ham relegated despite huge win over Leeds

May 24, 2026
Tinubu

2027: Tinubu accepts APC presidential ticket, vows to consolidate reforms

May 24, 2026
Terrorists

Terrorists storm prayer ground, kill three worshippers, abduct others

May 24, 2026

Chinese grandma arrested with large illicit drug consignment at Lagos airport

May 24, 2026
Awujale

Glo honours Awujale Adetona’s legacy at 2026 Ojude Oba

May 24, 2026
Uzodimma

Uzodimma: Tinubu earns right to seek reelection in 2027

May 24, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.