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What's happening with Federal Ministry of Finance

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Ali Mohammed, a director in Nigeria’s Federal Ministry of Finance, told an Abuja court that ministry officials were unaware of a N124.86 billion withdrawal from the Central Bank of Nigeria (CBN) under former governor Godwin Emefiele.Mohammed testified as the 10th prosecution witness in Emefiele’s ongoing trial at the Federal Capital Territory High Court in Maitama. He said the ministry became aware of the matter after investigators sent a letter concerning N154 billion reportedly withdrawn by the CBN.Mohammed said he checked with the three divisions under his supervision, including the division responsible for state and public finance.

Latest update

— Godwin Emefiele trial hears ministry knew nothing of N124.86bn withdrawal

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