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Emefiele Names Monarchs, Army Generals, Judges As Accomplices

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Godwin Emefiele

Last Updated on July 18, 2023 by Fellow Press

Emefiele Identifies Top Traditional Rulers, Army Generals, Judges As Accomplices Amid Corruption Scandal

Godwin Emefiele, the suspended governor of the Central Bank of Nigeria, who is currently in the custody of the Department of State Services (DSS) has identified some traditional rulers, Nigerian Army generals and judges as his accomplices, SaharaReporters learnt from DSS sources.

Emefiele, who is said to be “cooperating with investigators” reportedly narrated how he gave money to monarchs, army generals and judges at some point or the other during his time in office.

The suspended CBN governor has been in detention along with Abdulrasheed Bawa, the suspended Chairman of the Economic and Financial Crimes Commission (EFCC) after both of them were suspended from their respective offices by President Bola Tinubu’s administration over corruption allegations and abuse of office.

SaharaReporters on June 15 reported how Emefiele named Bawa as an accomplice in the Naira redesign scam that rocked the country some months ago.

SaharaReporters had learnt that Emefiele and Bawa – both undergoing interrogation – were being quizzed on sundry issues including the Naira redesign scam.

Giving SaharaReporters update on Wednesday, DSS sources claimed that Emefiele was “revealing a lot” and had named some top accomplices in his mismanagement of the country’s apex bank.

“As per Emefiele, he is cooperating with investigators and revealing a lot. Emefiele corrupted and bribed almost every major traditional ruler, army generals, some judges and clerics,” one of the sources revealed.

“Almost all the CBN directors are also being quizzed and they too are cooperating,” he added.

SaharaReporters had earlier reported that Emefiele was suspended “sequel to the ongoing investigation into his office and the planned reforms in the financial sector of the economy,” according to a release by Willie Bassey, the Director of Information for the Secretary to the Government of the Federation, George Akume.

On November 23, 2022, then-President Muhammadu Buhari alongside Emefiele unveiled new naira notes in denominations of N200, N500 and N1,000. Emefiele insisted that the old notes would cease to be legal tender from January 31, 2023.

Addressing journalists after the event, Emefiele insisted that the move was not targeted at anyone as there were speculations that the move was pushed by the cabal in the Presidency and targeted at preventing Bola Tinubu, then-presidential candidate of the ruling All Progressives Congress from winning the February 25, 2023 election.

The policy caused Nigerians untold hardship due to the scarcity of naira notes with the CBN unable to meet the demand for new notes. The policy led to a cash crisis and long queues at banks and ATMs.

“Emefiele who is currently cooling his feet in the cell of the DSS is the reason why the EFCC chairman has been detained overnight. Emefiele who is cooperating with the DSS claimed that Bawa was the one who raised a memo to former President Muhammadu Buhari, asking that the Naira should be redesigned to stem money laundering during the 2023 election,” a top source had revealed to SaharaReporters.

“Bawa confronted him that he (Emefiele) and the former Attorney-General of the Federation, Malami were the ones that came to him to raise the memo because they suspected Tinubu had warehouses stuffed with naira notes,” the source had added.

In February and March, Nigerians were subjected to extreme difficulty with the Naira redesign and cashless policy due to the scarcity of the new Naira notes.

To make matters worse, Emefiele had refused to heed a Supreme Court ruling which made the old notes legal tender till December 31, before former President Buhari distanced himself from the disobedience to the court order.

SaharaReporters in February reported how the DSS attempted to arrest Emefiele, but the then Chief of Defence Staff, Gen. Lucky Irabor, shielded him by providing soldiers to guard his residence and office.

The DSS had said it intensified its investigations to arrest and prosecute Emefiele, on allegations of terrorism financing and fraud.

SaharaReporters also in February reported that new court documents obtained from the DSS indicted Emefiele for funding “unknown gunmen” terrorising the Southeast region of the country.

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Tinubu increasing poverty instead of reducing it– Labour Party

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President Tinubu

Last Updated on June 19, 2024 by Fellow Press

The Labour Party has expressed its disappointment over President Bola Tinubu’s statement which it described as making a mockery of Nigerians as poor.

The National Publicity Secretary of the party, Obiora Ifoh, who said this added that the President needed to be reminded that he was elected into office to reduce if not eliminate poverty and not increase it.

He was reacting to President Tinubu’s statement that Nigerians were not the only ones suffering from poverty.

According to him: “We are disappointed but not surprised by the comments made by President Ahmed Bola Tinubu about the excruciating poverty his administration’s policies have unleashed on Nigerians since he took office over a year ago.

“It was to say the least disheartening to hear Mr. President mock his citizens by saying Nigerians are not the only ones facing poverty.

“Assuming but not conceding that what he said is true, Nigerians who are at the receiving end of his harsh economic policies don’t need to be reminded about the pain and hunger they have been forced to live with by the very people who put them in that situation in the first place.

“May be this administration needs to be reminded that it was elected to reduce if not eliminate poverty, hunger and disease but what we have seen is an obsession with opulence.

“We are yet to get over the billions appropriated for the renovation of the President and Vice President’s lodges, now we hear they want new jets to join the Presidential fleet.”

He said the nation’s schools and health institutions were on their knees and the same government claims it cannot afford to pay public servants a living wage but has enough to make itself comfortable at the expense of the suffering masses.

He implored the President to uphold the constitution he swore to protect, adding that the constitution says the security and welfare of the populace shall be the primary purpose of the existence of the government.

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Gunmen kill three while enforcing sit-at-home in Anambra communities

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Last Updated on June 19, 2024 by Fellow Press

Some gunmen, who were enforcing sit-at-home, have reportedly killed many people and injured others in two Anambra communities.

The gunmen invaded Nnewichi community in Nnewi north LGA and Nnobi community in Idemili south LGA, on Monday morning.

At Nnewichi community, the gunmen were said to have invaded a hotel after discovering that some persons were having a meeting there. The gunmen started shooting sporadically at the hotel premises, while destroying properties.

The assailants were said to have killed Oseloka Ubajiekwe, head of the vigilante group and chief security officer of the community, while he was attempting to wade off the attackers.
Those who sustained injuries have been taken to various hospitals in the state. At Nnobi community, the gunmen shot sporadically to scare away residents and engaged in gun duels with security operatives.

Confirming the attacks in a statement, Tochukwu Ikenga, Anambra police spokesperson, said only three persons, including a 22-year-old lady, have been confirmed dead.

“The commissioner of police, CP Nnaghe Obono Itam, has ordered an immediate manhunt operation on the armed men operating in a red Highlander jeep, who abducted a citizen in Nnewi by 1:30 pm yesterday 17/6/2024 and were trailed to Nnobi, where they engaged security operatives in a gun battle,” Ikenga said.

During the gun duel, one of the security operatives was fatally hit by the bullet and due to the indiscriminate shootings by the hoodlums in an attempt to escape the scene, the bullet also fatally struck two innocent passersby in the area.

“The police responding team at the scene recovered the bodies of the victims and took them to the hospital but regrettably, three of the victims including a 22-year-old lady were confirmed dead by the doctors on duty while two others are currently receiving treatment.”

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