EFCC Recovers N70 Billion Fraudulently Raised by Emefiele and Sarkin Hausawa of Lagos

EFCC Recovers N70 Billion Fraudulently Raised by Emefiele and sarkin Hausawa of Lagos, Yaro 70 billion naira recovered from Godwin Emefiele
Godwin Emefiele
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.

Category: World-News
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

Join us on:
Facebook | WhatsApp Community
| Twitter| WhatsApp Channel
How would you react to this story?
Thump Up Thumb Down
Thumb Up Thumb Up
0 0

You cannot submit comment on this topic because you are not currently login. You can choose to Login or Create an Account then you are good to join the discussion.

Author Author (Entrant )
11 months ago
0     0     - 0 Replies    

Most Recent Comments         Load More Comments

Trending News

Ude Unveils List of 20 People Allegedly Killed By The Embattled Fmr Gov Yahaya Bello

Nigerian University Expels Student for Impregnating Her Female Lecturer

Gov Adeleke Caught Placing Personal Tags On Federal Government Palliative Rice To Deceive Osun People

Ownership Crisis Rocks Benin City as Igodomigodo Asks Oba of Benin to Return To Ile-Ife

Many Fear Dead As Flight Vehicle Fell in Makurdi

Lady Runs Mad After She Was Dropped From A Tricycle By Suspected Yahoo Boys

Uproars as Suspected Yahoo Boy Brags 100 Nigerian Policemen Guide Him Daily

Aregbesola Dragged for Violating State Policy At Iwo Ramadan Lecture

First Class Graduate Die After Completing 21-Day Fasting Allegedly Ordained By Her Pastor To Cure Ailment

Obi Cubana Share Touching Story When His Wife Paid His Price

Load More
Free CBT Exams
Take Exam