Jim Osayande has been designated as a special investigator by President Bola Tinubu to look into the Central Bank of Nigeria (CBN) and Related Activities.
This was stated in a letter to Obazee, the CEO of the Financial Reporting Council of Nigeria (FRCN), which was signed by the President.
“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,” Tinubu’s letter read.
“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.”
Tinubu also sent Obazee a copy of his order suspending Godwin Emefiele as the apex bank chief.
The development is coming just as Emefiele is undergoing trial.
____
Follow us on Twitter at @thesignalng
Copyright 2023 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.