CBN probe: Tinubu, Cardoso’s anti-corruption drive yielding results, says analyst

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The Nation Newspaper CBN probe: Tinubu, Cardoso's anti-corruption drive yielding results, says analyst

A Lagos-based public affairs analyst and writer, Gbenga Ibrahim, has commended President Bola Tinubu and the governor of the Central Bank of Nigeria ,Tinubu announced significant progress in the investigation into the CBN, which is being led by special investigator Jim Obazee.

The investigation has also uncovered evidence of fraudulent transactions, including a controversial Naira redesign project that allegedly stifled productivity and led to chaos in October 2022. “He rose through the ranks to become Deputy Governor, Corporate Services, a position requiring rigorous security checks and scrutiny. It’s unfair to blame him for implementing recommendations from the special investigation counsel appointed by the president.”CBN denies alleged plans to revoke licences of Unity, Polaris, Keystone banks

He lauded the administration’s commitment to transparency and accountability, adding that it is a significant step forward in the fight against corruption.

 

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