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Home Finance | Insurance | Pension

CBN Investigator Lied About Naira Redesign, ‘Stolen’ Billions, Others – Emefiele 

EconomyFoot Print by EconomyFoot Print
December 24, 2023
in Finance | Insurance | Pension, Top News
Reading Time: 3 mins read
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Cardoso Rolls Up Sleeves, Begins CBN Cleansing
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The embattled CBN Governor, Mr. Godwin Emefiele has taken a swipe on the Mr. Jim Obazee led investigators into CBN affairs under his watch.
President Bola Ahmed Tinubu had hired Mr. Obazee as a private investigator into the Central Bank of Nigeria’s operations, especially financial dealings unser Mr. Emefiele.
Mr. Godwin. I Emefiele, in a statement he personally signed after he left the Mike Correctional facility on bail said the private investigator is only serving his interest.
The preliminary report released by the investigator alleged Mr. Emefiele laundered billions of naira, redesigned the naira without the then President Muhammadu Buhari’s approval amongst several other allegations.
The statement read in part:
“I have gone through the publications, and I say boldly that the contents of the said publications are false, misleading and calculated to disparage my person, injure my character and to serve the selfish interest of the private investigator.
“Because of my present situation, I have been advised by my lawyers not to say anything in respect of the matters which have been submitted to the court for adjudication. However, I need to addressed some of the issues raised in the publication which are barefaced lies told by the investigator in order to achieve his satanic agenda
“First, it was reported that, contrary to the provision of the CBN Act 2007, there was no presidential approval for the Naira redesign. I wish to state unequivocally that there was indeed a presidential approval, and the said approval was handed over to the same Jim Obazee during the process of his investigation in the presence of senior CBN officials and his own investigative team. Moreover, the former President Muhammadu Buhari GCFR has stated on a number of occasions that he authorised and approved the Naira redesign. I am therefore at a loss as to why Mr. Jim Obazee will mislead Nigerians that there was no presidential approval.
“The report also claimed that the sum of 6.23 million dollars was withdrawn from the CBN vault based on a false presidential directive bearing the signature of the former president Muhammadu Buhari GCFR, and that of the former secretary to the government of the federation (SGF), Mr. Boss Mustapha.
“About two weeks ago, Jim Obazee in company of a certain Deputy Commissioner of Police from Force CID came to Kuje to ask me questions in respect of the said document in the presence of my lawyers. I stated verbally and in writing that I have no knowledge of such directive from the former president and the former SGF. Infact, I told them that that was the first time I would be seeing the documents. On this, I challenge Jim Obazee to publish the said documents and also the statements that I made to them.
“The final issue that I will like to respond to is the issue of the 593 accounts which were purportedly opened in different parts of the world. I state categorically that I am not involved in the opening of these accounts and I do not have knowledge of their openings. The fixed deposits in those foreign accounts are definitely outside my knowledge. However, let me state clearly, that the relevant departments of the CBN have the authority to carry out such activities in line with their lawful mandate within the CBN.
“I therefore join well-meaning Nigerians who have spoken on this matter and have demanded a thorough and transparent investigation of all these alleged frauds.
” Meanwhile, I have instructed my lawyers to immediately commence legal process to clear my name from the defamatory statements contained in the report and by extension the publications” the statement concluded.

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