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‘Misleading, barefaced lies’ — Emefiele rejects probe panel report
Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), has denied accusations of corruption and theft in a recent report by the special investigation panel on CBN and other entities, led by Jim Obazee, a private investigator.
The report, which was recently submitted to President Bola Tinubu, comes after nearly six months of a probe on the activities of the CBN under Emefiele.
The document details serious acts of corruption and theft in the CBN, allegedly perpetrated by senior officials of the bank, including Emefiele who regained freedom on Saturday after spending a month in the Kuje correctional facility for procurement fraud.
The report alleged, among other things, that Emefiele approved the naira redesign policy without presidential approval and withdrew $6.23 million from the CBN vault.
Speaking on the allegations in a statement on Sunday, Emefiele refuted the claims, describing the panel’s findings as “false, misleading, and calculated to disparage” his character.
He said the presidential approval for the naira redesign existed and was provided to Obazee during his investigation.
The ex-CBN governor challenged Obazee to publish the alleged forged presidential directive and his statements denying knowledge of it.
“I have gone through the publications, and I say boldly that the contents of the said publications are false, misleading, and calculated to disparage my person, injure my character, and serve the selfish interest of the private investigator,” Emefiele said.
“I have been advised by my lawyers not to say anything in respect of the matters which have been submitted to the court for adjudication. However, I need to address some of the issues raised in the publication which are barefaced lies told by the investigator in order to achieve his satanic agenda.
“First, it was reported that, contrary to the provision of the CBN Act 2007, there was no presidential approval for the Naira redesign.
“I wish to state unequivocally that there was indeed a presidential approval, and the said approval was handed over to the same Jim Obazee during the process of his investigation in the presence of senior CBN officials and his investigative team.
“Moreover, the former President Muhammadu Buhari GCFR has stated on a number of occasions that he authorised and approved the Naira redesign.
“I am therefore at a loss as to why Mr. Jim Obazee will mislead Nigerians that there was no presidential approval.
“The report also claimed that the sum of 6.23 million dollars was withdrawn from the CBN vault based on a false presidential directive bearing the signature of the former president Muhammadu Buhari GCFR, and that of the former secretary to the government of the federation (SGF), Mr. Boss Mustapha.
“About two weeks ago, Jim Obazee in the company of a certain Deputy Commissioner of Police from Force CID came to Kuje to ask me questions in respect of the said document in the presence of my lawyers.
“I stated verbally and in writing that I have no knowledge of such a directive from the former president and the former SGF. In fact, I told them that that was the first time I would be seeing the documents. On this, I challenge Jim Obazee to publish the said documents and also the statements that I made to them.”
‘NO INVOLVEMENT IN OPENING ACCOUNTS’
Reacting to claims of illegally depositing billions of naira in 593 offshore bank accounts, the regulator’s ex-governor said he has “no knowledge” of such accounts.
“The final issue that I would like to respond to is the issue of the 593 accounts which were purportedly opened in different parts of the world. I state categorically that I am not involved in the opening of these accounts and I do not have knowledge of their openings,” he said.
“The fixed deposits in those foreign accounts are definitely outside my knowledge. However, let me state clearly that the relevant departments of the CBN have the authority to carry out such activities in line with their lawful mandate within the CBN.”
Emefiele, therefore, called for a “thorough and transparent investigation of all alleged frauds”.
He also announced his intention to commence legal action to clear his name “from the defamatory statements contained in the report and by extension the publications”.
News
‘I’ll show you the way out’ — says EFCC chairman as he sacks two corrupt officials
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has announced the dismissal of two officials over alleged corruption.
Speaking on Tuesday at the annual criminal law review conference organised by the Rule of Law Development Foundation in Abuja, Olukoyede said the staff were sacked two weeks ago.
He said the commission is undergoing significant reforms, including addressing staff misconduct.
Olukoyede challenged Nigerians to come forward if they had evidence of him receiving bribes.
“Just two weeks ago, I have cause to dismiss two staff. You can’t be fighting corruption and your hands are dirty,” Olukoyede said.
“He who comes to equity, your hands must also be cleaned. And I say I will not only be dismissing them, I will also be prosecuting them because that is what we prosecute others for.
“So, you will see that we are preparing the case files of some of the people we have dismissed.
“If an EFCC staff will not be able to stand publicly with his two hands up and challenge the entire public… whose goat have I collected? Whose bottle of water have I taken illegitimately?”
“And I have said this to Nigerians; who has ever given me one kobo in the course of my work, come out and say it. I stand to be challenged.
“I can’t be easily influenced by things like that. That’s why we must make up our minds to work together to do the right thing.
“Any staff that is corrupt, I will show you the way out. Again, there are some people who may want to be overzealous. Out of 12, you must have Judas.
“I can’t stand here and say all is perfect. As many as you see, report them to us and we will do justice.”
Olukoyede shared his personal experience of being investigated for two years while serving as the commission’s secretary.
“I am not just sitting there as chairman of EFCC. I have been on the other side,” he said.
“I have been subjected to investigation myself for two years. So I know what it means to subject people to investigations.
“My major objective is to use the instrumentality of this mandate to stimulate the economy and to also follow the rule of law.
“Integrity is not about law, it is not about your advocacy ability to write beautiful briefs. No.
“It is about law and morality. Your conscience must tell you to do the right thing. That is what integrity is all about.
“Finally, ethics, value and standard of legal practice must also be reviewed. These are essential to me because the job of EFCC is to ensure that corruption does not find space in our national life.”
Olukoyede said he welcomes constructive criticism of the agency, emphasising that he is not opposed to scrutiny.
“But let us do it in a responsible way. What do we benefit from running down our institutions? If you notice EFCC is doing anything wrong, come to us,” he said.
“We will sit down and I will explain some reformed agenda we are carrying out. Upon my resumption of office, we have put some reformed agenda in place.
“We have reviewed our arrest and detention policy. I have had cause to investigate a whole ministry; minister, directors and all of that without detaining anybody over night.
“And I got all the information I needed and the matter is going on fine without detaining a single soul.
“But that does not preclude that if there is the need to detain, we do not detain. We have also had cause to equip all our interrogation rooms in compliance with judgment of court.”
’CHARGES LIMITED TO 15 COUNTS’
Olukoyede said the EFCC no longer files “100-count or 150-count charges” which were common in the past.
The chairman said no prosecution should exceed a 15-count charge under his directive.
“If your case is water tight, that is why I will never rush to court until I am sure of my proof of evidence,” he added.
“I vet case files myself, particularly high-profile cases, and the lawyer must give me a draft of the charge.
“We will look at it together, compared with my proof of evidence, sleep over it before I give my go-ahead.
“If we are losing a case, it shouldn’t be on grounds of lack of diligent prosecution.
“If there are other technical issues, fine. But I will be sure that I have done my job and it’s done in such a way that I can defend long after I leave office.”
Joseph Daudu, coordinator of the foundation, said the conference aims to provide a platform for reviewing developments in crime apprehension, prosecution, adjudication, and other post-adjudicatory processes.
On November 15, the supreme court dismissed a suit filed by 16 states challenging the constitutionality of the EFCC Act.
Delivering judgment on Friday, Uwani Abba-Aji, who led a seven-member panel of justices, ruled that “the EFCC Act, which is not a treaty but a convention, does not need the ratification of the houses of assembly”.
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Lagos state government seals off three water factories for breaching quality standards
The Lagos State Water Regulatory Commission (LASWARCO) says it has sealed off three water factories in the Lekki axis for breaching operational and quality standards.
Funke Adepoju, the executive secretary of LASWARCO, told journalists on Tuesday that the facilities were sealed after failure to meet the commission’s operational and approved quality standards.
Adepoju added that one out of four facilities inspected in the area met the approved standards.
She noted that the facilities must operate in a clean environment with functional treatment machines and good packaging, as well as batching to know the date of water production.
Adepoju reiterated the commission’s commitment to ensuring that water consumed by Lagos residents is safe.
She added that the commission would not hesitate to take action against producers who engage in substandard practices.
Mosaku Omolabake, chairperson of the association of table water producers in Lagos, said the enforcement was not targeted at specific individuals but to ensure that all factories adhered to quality standards.
Omolabake expressed the association’s commitment to upholding ethical standards and protecting public health.
The facilities sealed include H. Life Water, House 3, Road 4, Oguntayo Estate, Eputu, lbeju Lekki; Belwu Water, 1 Alhaji MKO Street Oribawa Phase 2, lbeju Lekki; and Aquadon Water, Mega Tea Road, lbeju Lekki.
News
Gunmen abduct youth corps member in Niger state
Gunmen have reportedly abducted one Chiamaka Obi, a National Youth Service Corp (NYSC) member, along Niger-Onitsha expressway in Niger state.
Obi, who is from Edenta in Okwu Etiti, Orsu LGA of Imo state, was said to have been kidnapped on Monday while returning from Kebbi state after the completion of her youth service.
The corp member was said to have been abducted alongside a family of four, the bus driver and three other passengers.
Reacting to the incident on Tuesday, Uche Agabige, a member of the Imo state house of assembly, said the abductors are demanding for a ”outrageous” ransom for her release.
Agabige expressed concern over Obi’s safety, while urging the Imo state government to launch an investigation into her abduction in order to apprehend the perpetrators.
The lawmaker also called on President Bola Tinubu to address the rising cases of kidnapping and banditry in Nigeria.
“Miss Chiamaka Linda Obi is from Edenta in Okwu Etiti autonomous community in Orsu local government council area where I represent at the State Assembly. She was returning home on Monday after completing her NYSC when she was kidnapped,” Agabige said.
“The kidnappers have demanded an outrageous ransom for her release. So, I call on government to intervene and ensure the victim is freed without being harmed.”
Henry Okoye, the state’s police spokesperson, was not available for comments on the incident as his phone numbers were unreachable as at the time of writing this report.
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