NairaPark
News | Jobs | Classifieds | SMS | Forum | Connect
Complete Bulk SMS Reseller Website for N16,000 ONLY!
 
 
 




 
 




 
 
 
 

Ikoyi cash: I won’t appear before you, CBN gov tells Reps

 
 
Nigerian News Update » Nigerian Newspapers
Punch Newspaper
 
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has declined to appear before the House of Representatives to testify in the ongoing investigation into the $43.4m (about N13bn) recovered by the Economic and Financial Crimes Commission from an apartment at Osborne Towers, Ikoyi, Lagos.

The House Committee on National Security and Intelligence chaired by an All Progressives Congress lawmaker from Zamfara State, Mr. Aminu Sani-Jaji, is conducting the investigation.

Other sums recovered from the apartment were £27,800 and N23.2m.

The committee had thrice summoned Emefiele; the suspended Director General of the National Intelligence Agency, Dr. Ayo Oke; the Acting Chairman of the EFCC, Mr. Ibrahim Magu; and the National Security Adviser, Maj.-Gen. Babagana Monguno (retd.) to testify.

The third sitting of the committee was Wednesday (yesterday).

But, like in two previous occasions, all the officials shunned the committee on Wednesday.

However, Emefiele wrote the lawmakers to say that he did not think it was appropriate for him to come because he would be in breach of the National Security Agencies Act.

In the letter, which was read out to members by Sani-Jaji, the CBN governor argued that the Act prohibited the disclosure of security information publicly.

He noted that security information was ‘classified information’, which the law barred him from releasing to the public.

The CBN governor further argued that a committee chaired by the Acting President, Prof. Yemi Osinbajo, had already investigated the cash recovery.

But the lawmakers were enraged and berated Emefiele for acting like ‘someone who lacks the capacity to differentiate between a legislature and the executive arm of government’.

Sani-Jaji stated, “This CBN governor doesn’t even know that there is something called separation of powers.”
 
 
 
 
 
 
Be the first to comment:
 
 
 
Male: Female:
 
Get a Website for your Business at N20k Only! Domain Registration and Web Hosting, absolutely Free! Click here to send your Website Content or Whatsapp 08160266850 for any enquiry.
 
 
 
You might also like:
 
Two fake blind beggars arrested at Imo varsity

Policemen attached to the Imo State University, Owerri, have arrested two fake blind beggars on the varsity’s campus. Their arrest, our...

Kanye West sues insurer for $10 million over canceled tour

Kanye West filed a lawsuit Tuesday against Lloyd’s for $10 million, alleging the insurer is refusing to pay claims stemming from the cancellation...

Police dismiss cop who shot FRSC officers in Abia

The Commissioner of Police in Abia State, Mr. Adeleye Oyebade, has said the Nigeria Police Force has dismissed Corporal Iroh Orji who shot two...