New naira: Lawyer demands proof of disbursed funds from CBN

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A legal practitioner, Femi Adedeji, has asked the Central Bank of Nigeria to provide proof of its claim that the new naira notes were mopped up by politicians or face litigation.

“Furthermore, we also request you to furnish us with the list of customers of the commercial banks who collected more than N100,000 approved by you from the commercial banks.

“As this request is made pursuant to the provisions of the Freedom of Information Act 2011, you are required to accede to our request within 7 days of the receipt of this letter. “Take notice that if you fail or refuse to furnish us with the requested information before the deadline of 7 days we shall not hesitate to pray the Federal High Court to compel you to accede to our request.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Source: Law Daily Report (lawdailyreport.net)

 

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I second it. It's just a proof of spent money.

Supported! With the amounts disbursed and the dates of disbursement. This is the only way the CBN can exonerate itself from the hardship people are going through now. Anything short of this confirms the CBN culpable. FULL STOP!!

No bank has come up to refute CBN claims of disbursed funds, I believe that's proof enough

I agree with this. There is something amiss somewhere. Banks aren't disbursing funds, while we don't know how true the CBN has injected the commercial banks with funds. How can we know all these? Sighs 🙄🤨

He will wait and tire lol

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