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Tinubu Unveils Special Investigator To Probe CBN, Others | READ DETAILS


Tinubu Unveils Special Investigator To Probe CBN, Others | READ DETAILS

President Bola Tinubu has appointed Mr Jim Osayande Obazee, the Chief Executive Officer of Financial Reporting Council of Nigeria, as the Special Investigator to probe the Central Bank of Nigeria (CBN) and other related entities.

This was contained in a letter dated July 28, 2023, signed by Tinubu and addressed to Obazee.

According to the President, Obazee’s appointment is in line with his commitment to fight corruption and in accordance with provisions of section 15 (5) of the 1999 constitution of the Federal Republic of Nigeria (as amended).

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Obazee’s appointment came less than two months after Tinubu suspended Godwin Emefiele as CBN Governor, thereafter, he was arrested by the DSS.

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The letter read;

“In accordance with the fundamental objective set forth 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 full terms of your engagement as Special Investigator shall be communicated to you in due course but, require that you immediately take steps to ensure the strengthening and probity of key Government Business Entities (GBEs), further block leakages in CBN and related GBEs and provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments (whether private or public).

‘You are to investigate the CBN and related entities using a suitably experienced, competent and capable team and work with relevant security and anti-corruption agencies to deliver on this assignment. I shall expect a weekly briefing on the progress being made.

“Find attached, herewith, my directive suspending the Governor of the CBN from office with effect from 9th June 2023.”

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