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Showing posts from July, 2023

BREAKING: Tinubu appoints Special Investigator to Probe CBN amid Emefiele’s trial

  President Bola Tinubu has appointed a Special Investigator to probe the Central Bank of Nigeria (CBN) and Related Entities. In a letter sighted by Daily Trust, the president named Jim Osayande Obazee, the Chief Executive Officer, Financial Reporting Council of Nigeria (FRCN), as the investigator. The President asked the Special Investigator to investigate CBN and key Government Business Entities (GBEs). He also said Obazee would report directly to his office. “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 imme...