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JUST IN: Tinubu Appoints Special Investigator to Probe CBN

President Bola Tinubu has appointed Jim Osayande as a Special Investigator to probe the Central Bank of Nigeria (CBN) and its related entities.

This was contained in a letter signed by the President.

The President asked the Special Investigator to investigate CBN and key Government Business Entities (GBEs).

Obazee is the Chief Executive Officer of the Financial Reporting Council of Nigeria (FRCN).

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“In accordance with the fundamental objective set forth in Section 15(5) of the Constitution of the Federal Republic of Nigeria 1999 (as amended), this administration is today, continuing the fight against corruption by appointing you as a Special Investigator, to investigate the CBN and Related Entities. This appointment shall be with immediate effect and you are to report directly to my office,” Tinubu’s letter read.

“The full terms of your engagement as Special Investigator shall be communicated to you in due course but, require that you immediately take steps to ensure the strengthening and probity of key Government Business Entities (GBEs), further block leakages in CBN and related GBEs and provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments (whether private or public).

“You are to investigate the CBN and related entities using a suitably experienced, competent, and capable team and work with relevant security and anti-corruption agencies to deliver on this assignment. I shall expect a weekly briefing on the progress being made.”

The appointment of the Special Investigator comes at a crucial time, coinciding with the ongoing trial of the suspended apex bank governor, Godwin Emefiele.

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