Emefiele: Lawyer asks court to nullify Buhari's re-appointment of CBN governor, makes revelations - Daily Post Nigeria

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Emefiele: Lawyer asks court to nullify Buhari’s re-appointment of CBN governor, makes revelations

The financial recovery agent, in a suit brought before the Federal High Court, Abuja division, said the federal government cannot ask the Senate to confirm Emiefele’s reappointment when a matter challenging his stewardship had not been decided.

It read: “In January, 2016, NNPC issued an instruction to the CBN; headed by the Defendant to transfer $162, 064, 237.46 to CBN/JV Cash Call Account 001-1-658-366 with JP Morgan and Debit CBN/NNPC Crude Oil Revenue Domiciliary Account No. 400941775. “That the instruction of the NNPC directing the CBN to remit $162, 064, 237.46 instead of the $186, 327, 246.02 it generated clearly reveals the collusion of the Defendant with the NNPC to rip the Treasury of the Federal Government and the FAAC of $24, 263, 008.56. Now shown to me and marked as “Exhibit SUIT 1.”

“In 2017, the Central Bank of Nigeria confirmed to have sold forex to Bureau De Change at four different locations across the Federation, namely Lagos, Kano, Abuja and Awka. The Apex Bank further confirmed that a total sum of Four Billion, One Hundred and Fifty Nine Million, Nine Hundred and Sixteen Thousand United States Dollars [$4, 159, 916, 000.00] were sold to the BSCs in 2017.

 

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