Emefiele operated 593 illegal US, UK, and China accounts – CBN Investigator

The investigator also stated that the accounts where the billions were lodged have been traced.

Reports have emerged that the former Central Bank of Nigeria Governor, Godwin Emefiele, illegally lodged billions of naira in no fewer than 593 bank accounts in the United States, United Kingdom, and China, without the approval of the apex bank’s board of directors and the CBN Investment Committee.

Jim Obaze, the Special Investigator on CBN and Related Entities, found that the ex-CBN governor lodged £543,482,213 in fixed deposits in UK banks without authorization.

In a report titled ‘Report of the Special Investigation on CBN and Related Entities (Chargeable offences)’ submitted to President Bola Tinubu on Wednesday, Obaze stated clearly the number of accounts in which the money were lodged and how they have traced them.

The report read in part, “The former governor of CBN, Godwin Emefiele invested Nigeria’s money without authorization in 593 foreign bank accounts in United States, China and United Kingdom, while he was in charge.

“All the accounts where the billions were lodged have all been traced by the investigator.”