The Nigerian anti-graft agency, Economic and Financial Crimes Commission (EFCC) has uncovered some forex accounts containing nothing less than N70 billion that was fraudulently accumulated by the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele and his accomplish, Sarkin Hausawa of Lagos, Aminu Yaro, and the wife of the Sarkin Hausawa.
Today, sources revealed to the SaharaReporters that Emefiele grossly abused the privileges of the office by making quick cash from forex differential fraud with the help of the Sarkin Hausawa of Lagos, Yaro and his wife, who is said to be an employee of the apex bank.
According to tye SaharaReporters' source the ordeal between the DSS and the suspended Governor of the CBN Emefiele insisted that “This is a case of forex differential fraud involving the CBN governor, Godwin Emefiele.
“The governor sells forex to various individuals at the official rate on paper. He has an understanding with the individuals that they will sell at the black market rate when the CBN credits the banks of the individuals that buy the forex.
“When they sell, the difference will be paid into the account of Aminu Yaro on behalf of Emefiele."
Another source revealed that “So far, about N70 billion has been traced to the account in the course of the investigation.
“The wife of Aminu Yaro is an employee of CBN and a signatory to the company account where the money is paid into. She has also been invited by the EFCC for questioning.
“The case was compromised by the suspended Chairman of the EFCC, Abdulrasheed Bawa because some people close to the seat of power are involved.
“They charge the wife for SCUML (Special Control Unit Against Money Laundry) offences but the main case was left out while the differentials in forex exchange malpractice raised benefits of about N70 billion,” another source said.
Tag: EFCC Recovers N70 Billion Fraudulently Raised by Emefiele and sarkin Hausawa of Lagos Yaro 70 billion naira recovered from Godwin Emefiele
Written by Omooba Alekuwodo (omoobaalekuwodo)
Published 6/16/2023 8:21:35 PM