CBN Books: Obazee Report Causing Discomfort In Presidency

Sources familiar with the work of the Special Investigator told our correspondent on Wednesday, that highly placed aides of President Bola Ahmed Tinubu may have been indicted in the report.

“The former CBN governor apparently kept very extensive dossiers of his disbursements, especially in the last days of his tenure when politicians were threatening him with arrests and all that. Those involved know they’re in for a hard time.” Obazee, who gained a somewhat iconoclastic reputation from his earlier encounter with overstaying corporate CEOs and heads of faith groups over the implementation of the Companies and Allied Matters Act , was appointed in July to investigate the CBN.Already, initial fallouts of his investigation have, among other things, led to the removal of the four deputy governors of the bank.

“You will recall,” one source said, “that at the height of COVID-19, the CBN created a special fund for media houses, disbursed through NISRAL. That fund has come under Obazee’s forensic audit, and it’s not looking good for those who have not repaid.”

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