March 2, 2024

President Bola Ahmed Tinubu has appointed a special investigator to probe the Central Bank of Nigeria (CBN).

According to a recent letter sighted by INSIDE AREWA MEDIA , Tinubu named Jim Osayande Obazee, the Chief Executive Officer of the Financial Reporting Council of Nigeria (FRCN), as the investigator.

The development comes in the wake of the suspension of Godwin Emefiele as CBN governor and his arrest by the Department of State Security on June 9, 2023.

The President asked the special investigator to investigate CBN and key government business entities.

“Following the fundamental objective outlined in Section 15(5) of the Constitution of the Federal Republic of Nigeria 1999 (as amended), this administration is today continuing the fight against corruption by appointing you as a Special Investigator to investigate the CBN and Related Entities. This appointment shall be with immediate effect, and you are to report directly to my office,” the letter stated.

Last week, Emefiele was re-arrested by DSS despite a Federal High Court in Lagos granting him bail.

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