Emefiele: Witness says withdrawal of $6.2m pushed CBN’s special dollar account into negative balance

Testifying before Justice Muazu, Obazee while being led in his testimony by prosecution counsel and Director of Public Prosecution, Rotimi Oyedepo, SAN, disclosed that the withdrawal was made without a naira cover as required for dollar transactions, which forced the account into a negative balance of N2,858,150,196.42, a development, he said, that ought to have triggered an investigation of the transaction by the defendant and the bank’s chief accounting officer.