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Home»National»Special Investigator Recovers Over N12 Trillion, Exposes Financial Wrongdoings of Former Administration
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Special Investigator Recovers Over N12 Trillion, Exposes Financial Wrongdoings of Former Administration

Editor FrancisBy Editor FrancisJanuary 9, 2024No Comments2 Mins Read
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In a shocking turn of events, former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, is alleged to have been involved in embezzling substantial amounts during his tenure, as disclosed by a Special Investigator in a recent social media post.

According to reliable sources close to the investigation, Emefiele has purportedly returned a staggering N4 trillion and relinquished ownership of six banks reportedly linked to him.

In a parallel development, former CBN Deputy Governor, Tunde Lemo, is said to have refunded a whopping $500 million, which was allegedly misappropriated through taxpayers’ funds.

However, the most startling revelation comes in the form of a discovery of $275 million in the bank account of a six-year-old son of Sabiu Yusuf, also known as Tunde, a Personal Assistant to former President Muhammadu Buhari. Additionally, another N1.5 trillion was reportedly traced to the personal account of the former Presidential assistant.





Sources indicate that the Special Investigator, Jim Osayande Obazee, and his committee made these astonishing findings. Furthermore, it has been revealed that President Bola Ahmed Tinubu is actively engaged in negotiations, utilizing influential figures, to facilitate the refund of funds without public exposure.

It is noteworthy that Tinubu enlisted the services of Mr. Obazee, a Special Investigator, to scrutinize the activities of the CBN under Emefiele and related entities. To date, the committee, headed by Obazee, claims to have successfully recovered over N12 trillion, primarily from members of the former administration.

In a striking disclosure, the source asserted, “The committee has also rejected several millions of dollars in bribes offered by those implicated to evade arrest and exposure.”

The revelations have prompted widespread concern, with National Security Adviser (NSA) Nuhu Ribadu lamenting the inherited financial turmoil faced by the current administration due to large-scale looting during the previous government’s tenure. The investigation continues to unfold, shedding light on the extent of financial improprieties during the specified period.

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