The Central Bank of Nigeria has dismissed insinuations of any missing money in its care. It was reacting to a “misconstrued” report from a “purported audio recording of selective conversations among the Governor, Deputy Governor and some senior officials.”
In a statement, the apex bank stated: “As publicly known, the CBN was approached in 2015 by the National Economic Management Team and the National Economic Council , chaired by the Vice President, to assist state governments with Conditional Budget Support, in the aftermath of the significant nose-dive in global oil prices and associated FAAC allocations.
It went on: Consequently, CBN met with the Federal Ministry of Finance and both jointly gave comfort to the auditors, who accepted in writing that these monies would be repaid. “On this basis, the auditors reversed the negative entry and certified that the CBN’s 2018 accounts were a true reflection of the state of affairs.
Sahara is an evil media promoting hate speech and fake news but nothing will be done about is by this government because they are there major beneficiaries of their fake news invention in 20015.
Must everything about Nigeria be a joke. Hiss
Really? What is the misappropriation pls and who was responsible?
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