Emefiele Challenges Allegations: Denies Knowledge of $6.23M Withdrawal

Emefiele Challenges Allegations

Emefiele Challenges Allegations: Denies Knowledge of $6.23M Withdrawal -The former Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, vehemently denied any knowledge of a presidential directive to withdraw $6.23 million. Emefiele, responding to the report presented by the Private Investigator, Mr. Jim Obazee, refuted the claim that there was no presidential approval for the Naira redesign program, asserting that the initiative had, in fact, received the nod from former President Muhammadu Buhari.

Addressing the media, Emefiele expressed dismay at the inaccuracies contained in the special investigator’s report, labeling them as false, misleading, and an attempt to tarnish his reputation. He revealed that the presidential approval for the Naira redesign program was handed over to Obazee in the presence of senior CBN officials during the investigation. Emefiele further challenged the veracity of the report’s claim that $6.23 million was withdrawn based on a false presidential directive, emphasizing that he had no knowledge of such a directive from the former president and the former Secretary to the Government of the Federation, Mr. Boss Mustapha.

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Boss Mustapha, in a separate statement, echoed Emefiele’s denial, stating categorically, “I didn’t withdraw $6 million from CBN.” Mustapha distanced himself from any directive or transaction related to the alleged withdrawal, declaring the document bearing the signature of President Buhari as non-existent for public scrutiny. He demanded a thorough and transparent investigation into the matter, emphasizing his commitment to upholding the highest standards of integrity and ethical conduct throughout his career in public service.

Meanwhile, former Deputy Governor of CBN, Mr. Kingsley Moghalu, condemned what he termed the “media trial” of Emefiele and others implicated in the special investigator’s report. Moghalu questioned the report’s handling, highlighting the absence of a signature and criticizing the premature leakage to the public before official review and response from the government. He cautioned against the potential damage such sensationalism could inflict on Nigeria’s economy, image, and the integrity of the CBN.

As the controversy surrounding the alleged financial misconduct unfolds, Emefiele has instructed his legal team to initiate legal proceedings to clear his name from the defamatory statements contained in the report. The call for a thorough investigation into the matter resonates among those implicated, emphasizing the need to establish the truth and maintain the integrity of public service.

Amid these developments, the spotlight remains on the intricacies of the Naira redesign program, the alleged withdrawal, and the purported involvement of high-profile figures, prompting a nationwide call for a transparent and unbiased inquiry into the matter.

Emefiele Challenges Allegations: Denies Knowledge of $6.23M Withdrawal

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