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Obazee’s Report: If Emefiele Would Have Faced Firing Squad If He Were In China, Says Presidential Aide
The Nigerian government, under President Bola Tinubu, has launched a scathing attack on former Central Bank Governor Godwin Emefiele, accusing him of financial misdeeds and suggesting he would have faced execution in China for similar offenses.
This statement emerged in response to a report by researcher Jim Obazee, alleging Emefiele misappropriated public funds and engaged in various irregularities during his tenure.
Presidential aide Bayo Onanuga, reacting to the report, stated: “If Godwin Emefiele and his gang had committed these egregious misappropriations in China, they will by now be facing the firing squad for high treason.”
Onanuga was reacting to the Special Investigation on CBN and Related Entities, Chargeable Offences report.
Jim Obazee’s report indicted Emefiele of misappropriating funds while he was CBN governor.
The report claimed that the former CBN governor opened bank accounts without the approval of the apex bank’s Board of Directors and Investment Committee.
According to the report, Emefiele illegally lodged billions of naira in about 593 bank accounts in the United States, United Kingdom, and China.
Obazee disclosed that Emefiele deposited £543,482,213 in fixed deposits in UK banks alone without authorisation