Emefiele denies fraud allegations, threatens legal action

The embattled former CBN governor, Godwin Emefiele, has denied allegations levelled against him by Jim Obazee, the special investigator appointed by President Bola Tinubu to look into the tenure of Mr Emefiele as central bank governor.

Mr Obazee recently produced a report that accused Mr Emefiele and associates of embezzling billions of naira and engaging in various corrupt practices.

According to Mr Obazee’s report, Mr Emefiele was also involved in fraudulent activities concerning the controversial redesign of the Nigerian currency.