June 6, 2023
CBN Gov Emefiele , Malami, Others in Trouble over Missing Nigeria Funds –
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House of Representatives Summons CBN Governor over Missing Funds
In a recent development, the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been summoned by the House of Representatives committee to provide an explanation regarding missing funds. The committee is currently investigating the disappearance of N48 million barrels of crude oil, a matter of significant concern.
Multiple Officials Summoned for Explanation
Alongside Governor Emefiele, the committee has extended summonses to various officials, seeking clarifications and insights. These include the attorney general of the federation, Abubakar Malami, the accountant general of the federation, Oluwatoyin Madein, the auditor general of the federation, Adolphus Aghughu, the managing directors of Exxon Oil, the minister of foreign affairs, and Nigeria Agip Oil Company. The decision to summon these individuals underscores the seriousness and gravity of the situation.
Chairman of Committee Reveals Discrepancy in Payments
During the course of a rescheduled investigative hearing, the chairman of the committee, Mark Gbillah, made a significant revelation. It was discovered that there was a discrepancy in the records concerning payments made by the CBN. Specifically, N32.5 billion had allegedly been paid to two companies, Messrs GSCL Consulting and Biz Plus, without proper documentation. This revelation contradicts an earlier statement made by Abubakar Malami, who claimed to have no knowledge of such a payment. The committee aims to delve deeper into these discrepancies and seeks a thorough explanation from Governor Emefiele.
SERAP Urges President Tinubu to Probe Alleged Illegal Fund Withdrawal
In another related development, the Socio-Economic Rights and Accountability Project (SERAP) has called upon President Bola Ahmed Tinubu to take decisive action in investigating the immediate past president, Muhammadu Buhari. SERAP alleges that Buhari was involved in the withdrawal of funds from the Central Bank of Nigeria in an unlawful manner. The organization urges President Tinubu to ensure that all individuals implicated in this alleged illegal withdrawal are held accountable and brought to justice. This appeal by SERAP highlights the need for transparency and accountability in financial matters and emphasizes the responsibility of those in positions of power to act in the best interest of the nation.
CBN Governor’s Meeting with President Tinubu Sparks Reactions
The recent meeting between CBN Governor Godwin Emefiele and President Asiwaju Bola Ahmed Tinubu at the Presidential Villa has attracted significant attention and speculation. Reports suggest that the meeting held crucial importance, as it involved discussions on important matters related to the nation’s economic landscape. Notable figures such as Vice President Kashim Shettima, Mele Kyari of the Nigerian National Petroleum Company Limited (NNPC Ltd), Speaker of the House of Representatives Femi Gbajabiamila, and House of Representatives member James Faleke were also present at the meeting.
Following the meeting, a video clip surfaced featuring Governor Emefiele, which appeared to show him looking tired and visibly concerned. This video and the accompanying images quickly spread across various online platforms, generating reactions and sparking intense discussions among the public. The significance and potential implications of the meeting, coupled with Governor Emefiele’s demeanor, have led to widespread speculation and curiosity.
These recent developments and their interconnected nature highlight the importance of accountability, transparency, and effective governance in the management of financial resources. As the investigations continue and more information emerges, the nation eagerly awaits the clarifications and explanations from the summoned officials, including Governor Emefiele, who plays a pivotal role in Nigeria’s financial landscape