CBN Governor Faces Sack Over Arms Probe Deal #Beekhaybee

The ongoing probe of arms deal under the Goodluck
Jonathan administration by the Economic and
Financial Crimes Commission (EFCC) might cost the
Central Bank of Nigeria (CBN) governor, Godwin
Emiefiele, his job.


CBN Governor, Godwin Emiefiele, Vice president, Prof. Yemi
Osibanjo and President Muhammadu Buhari
A source in the presidency told The Guardian that the recent
revelations about movement of the funds, the controversy
surrounding his appointment and the CBN governor’s
involvement in the unexplained presence of former Bank
Chief Executive Officers (CEOs) when President Buhari
hosted members of the international business community
in London, are being used against him.
READ ALSO: N30B Loot: EFCC Set To Begin Trial Of Dasuki,
The source said:“Already,a small team of legal and financial
experts has been directed to weigh the various implications
the removal of the CBN chief could trigger, especially to
prevent a similar backlash, as when the past government
engineered the untimely retirement of former CBN
governor, Sanusi Lamido Sanusi.”
The source continued: “One thing you should known about
Buhari is that before he takes a crucial decision that involves
prominent appointees, he sets up a small committee to
investigate the issues and report back to him”
The source also made reference to the former CEOs who
showed up at the London meeting, which was said to have
made President Buhari upset.
The President was said to have approached the duo, asking
them how they were invited, and informing them that he
personally handled the selection of who attended.
READ ALSO: $2bn Arms Deal Saga: Sambo Dasuki, Others
“Checks revealed the possibility that since the well known
bankers added their voices in recommending Emefiele for
the CBN job, he (Emefiele) might have hinted the two,
convinced their clout would open doors for them.
“There is also information that the current CBN governor is
remotely related to the immediate past Finance Minister
and Coordinating Minister of the Economy (CME) in
President Goodluck Jonathan’s administration, Dr. Ngozi
Okonjo-Iweala,” the source added.
Another source disclosed that the replacement for Emiefiele
might be sought from the South East or South South
geopolitical zones to avoid outrage and cries of
marginalisation by the Buhari government.
The source said: “We cannot speculate on the possible
candidates but former President Olusegun Obasanjo is
believed to have dropped some hints to President Buhari
about the right calibre of persons, including Professor
Chukwuma Soludo and Dr. Obiageli Ezekwesili.”
READ ALSO: I Didn’t Contribute To Jonathan’s Campaign –
ITF Boss
Recall that Shuaibu Salisu, a former Director of Finance in
the Office of the National Security Adviser (ONSA), had
revealed how $47million was withdrawn from the CBN in
11 suit cases and delivered to Sambo Dasuki, the former
National Security Adviser.
Meanwhile, EFCC operatives are set to summon the former
minister of finance, Dr. Ngozi Okonjo-Iweala and some top
officials of the CBN to shed more light on what they know
about the arms budget said to have been diverted by
bigwigs of one of the political parties.
In a related development, members of Lagos State House of
Assembly have urged the federal government to recover all
stolen funds from corrupt past government officials and
their cronies.