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News

Naira Scarcity: Falana Asks Federal Government To Prosecute Emefiele, CBN Management

written by Royal Times of Nigeria September 18, 2023
Naira Scarcity: Falana Asks Federal Government To Prosecute Emefiele, CBN Management

Human rights lawyer Femi Falana (SAN) has asked the Federal Government to prosecute the suspended Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, and the management of the apex bank over the cash crunch in the country early this year.

In a statement on Sunday, Falana claimed that Emefiele and the CBN lied to Nigerians over the availability of cash owing to the redesign of the nation’s currency.

“Having misled Nigerians to believe that sufficient cash was distributed to commercial banks to replace the sum of N3.5 trillion mopped up from customers, Mr. Godwin Emefiele and the entire management of the CBN ought to be prosecuted for incitement and culpable homicide,” he said.

Royaltimes reported that Falana also wants the CBN to rebuild the bank buildings that were destroyed by angry customers in the aftermath of the cash crunch occasioned by the redesign policy and also for the apex bank to compensate the families of those who were killed due to the incitement of the public.

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