Jonathan Nwokpor
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), recently unlawfully deposited billions of naira into roughly 593 bank accounts in China, the UK, and the US.
Jim Obaze, the Special Investigator for President Bola Tinubu, revealed that Emefiele opened the bank accounts without the Board of Directors and Investment Committee of CBN’s consent.
According to Obaze, Emefiele made unauthorized deposits totaling 543,482,213 in fixed deposits in UK banks alone.
This was included in the final report that Obaze sent Tinubu, titled “Report of the Special Investigation on CBN and Related Entities (Chargeable Offences).”
The report reads partly: “The former governor of the CBN invested Nigeria’s money without authorization in 593 foreign accounts in the United States, China, and the United Kingdom while he was in charge.
“All the accounts where the billions were lodged have all been traced by the investigator; in the UK alone, Emefiele kept £543,482 213 in fixed deposits without authorization by the CBN board and the bank’s Investment Committee.”
The Nigerian government charged the former governor of CBN with N1.2 billion in procurement fraud, and he is presently being held in Kuje prison.
He was given N300 million in bail by the Federal Capital Territory’s High Court, but he could not fulfill it.
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