Monday, 13 May 2019

CBN Gov Emefiele And Top Officials Discuss How To Cover-Up N500bn They Stole -Part1

The Central Bank of Nigeria (CBN) has released a statement, in reaction to an audio recording making the rounds on social media.

Sahara Reporters had published two audio clips, alleging that CBN Governor, Godwin Emefiele; his Deputy Edward Lametek Adamu; and the Director for Finance, Dayo M. Arowosegbe including one of the Special Advisers to the CBN Governor, Emmanuel Ukeje stole N500bn from the apex bank and made “a private investment that went bust.”

In the audio clips, Emefiele and the other officials were heard discussing about being in a difficult situation and running into deficit which they said would cause problem in the economy.

“To avoid any serious problem is just, the government to have to agree to give us at least 100 billion cash but the government will not agree.They will kick against it,” Emefiele said in one of the videos.

The CBN governor had also said that Arowosegbe gave him the impression that all was well, but sadly, that was not the case.

“How do I handle this?,” Emefiele said, to which the deputy governor replied “we have to rack our brain and do something out because we can’t afford it at all, not at this time.” Emefiele replies “the implication for the economy is, no no, no. The opposition will say it should have depreciated in the project.

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