HeadlineObazee Report: Emefiele Refutes Fraud Allegation, Directs Transparent Investigation

Obazee Report: Emefiele Refutes Fraud Allegation, Directs Transparent Investigation


December 25, (THEWILL) – Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has refuted allegations of fraud reportedly raised against him by Jim Osayande Obazee, the Special Investigator appointed by President Bola Tinubu, to probe his tenure as Governor of the apex bank.

THEWILL earlier reported that Obazee had said the redesign of the Naira notes was not approved by former President, Muhammadu Buhari. This, in addition to claim that the former apex bank chief operated 593 foreign accounts.

The report also alleged that Emefiele, along with the former Secretary to the Government of the Federation (SGF), Boss Mustapha, withdrew the sum of $6.23 million from the CBN vault on a presidential directive.

Addressing the allegations in a statement he personally signed on Sunday night, Emefiele described the entire report as false, misleading and calculated to “disparage my person, injure my character and to serve the selfish interest of the private investigator.”

Demanding a thorough and transparent investigation into the alleged fraud, Emefiele said he has commenced legal process against what he described as defamatory statements contained in the report and by extension, the publications.

The statement reads: “After my release on bail from the correctional centre, Kuje, my attention was drawn to publications released by the Punch Newspaper and Premium Times online news platforms.

“The sources of the information published by both media houses were credited to a certain report prepared by a Mr Jim Obazee, who was appointed by the President as a private investigator.

“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 address 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. In fact, 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.”

About the Author

Homepage | Recent Posts

More like this

Bobrisky To Serve Prison Term In Male Facility

April 12, (THEWILL)- Crossdresser, Idris Okuneye, aka Bobrisky, who...

Pochettino Backs Chelsea’s Young Guns to Shine Against Everton

April 12, (THEWILL)- In the face of an extensive...

APC Advocacy Group Praises Umo Eno, PDP Leadership In Akwa Ibom

April 12, (THEWILL)- An advocacy group in the aegis...