The Financial Reporting Council of Nigeria’s Chief Executive Officer, Jim Obazee, has been appointed by President Bola Tinubu as a special investigator to look into the Central Bank of Nigeria and associated organizations.
According to reports, this information was contained in a letter signed by President Tinubu.
The letter from Tinubu reads,” This administration is today continuing the fight against corruption by appointing you as a Special Investigator, to investigate the CBN and Related Entities. This action is in accordance with the fundamental objective set forth in Section 15(5) of the Constitution of the Federal Republic of Nigeria 1999 (as amended). You are to report directly to my office for this appointment, which will begin right away.
“The full terms of your engagement as Special Investigator shall be communicated to you in due course but, require that you immediately take steps to ensure the strengthening and probity of key Government Business Entities, further block leakages in CBN and related GBEs and provide a detailed report on the amount of public wealth currently in the hands of corrupt individuals and establishments (whether private or public).
The president lastly added that to complete this project, he must conduct an investigation of the CBN and associated entities using a team that is appropriately qualified, experienced, and capable, as well as relevant security and anti-corruption authorities.
“I shall expect a weekly briefing on the progress being made,” the president said.
More to come…
