Emefiele disputes Investigator’s report, denies allegations as satanic

Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), has refuted allegations of misappropriation of funds following the recent report released by the Special Investigator on the CBN and Related Entities. In a statement titled ‘Re: Emefiele, others stole billions, illegally kept Nigeria’s funds in foreign banks,’ he vehemently rejected the accusations.

Last week, the Special Investigator, Jim Obaze, disclosed that Emefiele had deposited £543,482,213 in fixed deposits in UK banks without proper authorization during his tenure as CBN governor.

Emefiele responded to the allegations, stating, “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.”

He revealed that Obaze and a Deputy Commissioner of Police from Force CID had previously interrogated him at Kuje correctional center about the report, emphasizing that the 593 accounts mentioned were opened without his involvement or knowledge.

Emefiele clarified, “The fixed deposits in those foreign accounts are definitely outside my knowledge.” He affirmed that relevant CBN departments have the authority to carry out such activities within the lawful mandate of the institution.

Expressing confidence in the ongoing investigation, Emefiele stated, “I have instructed my lawyers to immediately commence the legal process to clear my name from the defamatory statements contained in the report and by extension the publications.”