Seized $43million: CBN Governor, Emefiele appears before Osinbajo’s panel

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has appeared before the committee set up by President Muhammadu Buhari to investigate the $43million recovered by the Economic and Financial Crimes Commission (EFCC) from an apartment in Ikoyi, Lagos.


Emefiele was summoned on Friday before the committee, headed by Vice-President Yemi Osinbajo and has the Attorney-General of the Federation, Abubakar Malami, and the National Security Adviser, Babagana Monguno as members.


The CBN Governor was invited to answer questions, after the suspended Director-General of the National Intelligence Agency (NIA), Ambassador Ayo Oke, claimed the cash was collected from the apex bank for covert operations.

Details of Emefiele’s submission to the committee remain unknown.

The Osinbajo-led panel is expected to submit its report within 14 days.


Special Adviser to the President on Media and Publicity, Femi Adesina, has said both Oke and the suspended Secretary to the Government of the Federation (SGF), Babachir Lawal, would be handed over to the EFCC if there is need for it.