Nigeria, Oct. 30 -- A prosecution witness on Thursday told the FCT High Court in Maitama, Abuja, that former Central Bank of Nigeria (CBN) Godwin Emefiele embarked on the controversial redesign of Naira notes in 2022 without obtaining the bank's board and Committee of Governors (COG).

The seventh prosecution witness, Chinedu Eneanya, an investigator with the Economic and Financial Crimes Commission (EFCC), said Mr Emefiele made the admission in his extra-judicial statement he wrote during investigation, preparatory to his trial.

Mr Emefiele is standing trial on four counts, including illegal redesign of Naira notes, disobedience to the direction of law, and illegal act causing injury to the public.

The former CBN governor has denied th...