More
    HomecrimeShehu Sani Calls for Independent Probe of CBN and Former Governor Emefiele's...

    Shehu Sani Calls for Independent Probe of CBN and Former Governor Emefiele’s Conduct

    Published on

    By Becky Usman Senator

    Shehu Sani, a former member of the 8th Senate, has called on the Federal Government to initiate an independent investigation into the Central Bank of Nigeria (CBN) and its recently suspended governor, Godwin Emefiele.In a statement on Twitter, Sani expressed his reaction to President Bola Tinubu’s decision to suspend Emefiele, stating that the former CBN governor had managed the apex bank as a tool for the benefit of a select group, referring to it as an “Automated Teller Machine of the Cabal, a canteen, and cash cow.”Dailynewscraft reports , President Tinubu, through the Office of the Secretary to the Government of the Federation, directed Emefiele to vacate his position and hand over to Deputy Governor (Operations Directorate) Folashodun Adebisi Shonubi immediately. This directive came pending the conclusion of an investigation into the financial sector and the implementation of necessary reforms.Senator Sani commended Tinubu for the suspension of Emefiele and the appointment of Shonubi as the acting governor. He further urged the President to engage external auditors to investigate the CBN and Emefiele in order to ensure transparency and accountability.Sani emphasized the need for an impartial team of auditors from outside the CBN to thoroughly examine the operations of the apex bank during Emefiele’s tenure under President Buhari.”The CBN was operated as an ATM for the benefit of a select group, a canteen, and a source of wealth for the privileged elites of the previous administration,” the statement read.In light of these concerns, Senator Shehu Sani emphasized the importance of a comprehensive investigation to shed light on the inner workings of the CBN during the tenure of Governor Emefiele under President Buhari.

    Latest articles

    ‘Fela pioneered rap music’ – Seun Kuti claims

    Maverick singer, Seun Kuti, has claimed that his father Fela Anikulapo-Kuti, the late Afrobeat...

    ‘I have had only one good relationship’ – Tiwa Savage

    Nigerian singer, Tiwa Savage has spoken candidly about her dating experience, revealing that she...

    Nigerian govt did not site gold refinery in Lagos – Solid Minerals Ministry counters NEF

    Development has dismissed claims by the Northern Elders Forum, NEF, that the Federal Government...

    FCTA, FCDA workers commence strike

    Workers under the Federal Capital Territory Administration (FCTA) and the Federal Capital Development Authority...

    More like this

    ‘Fela pioneered rap music’ – Seun Kuti claims

    Maverick singer, Seun Kuti, has claimed that his father Fela Anikulapo-Kuti, the late Afrobeat...

    ‘I have had only one good relationship’ – Tiwa Savage

    Nigerian singer, Tiwa Savage has spoken candidly about her dating experience, revealing that she...

    Nigerian govt did not site gold refinery in Lagos – Solid Minerals Ministry counters NEF

    Development has dismissed claims by the Northern Elders Forum, NEF, that the Federal Government...