Bayo Onanuga
Highlight

Misappropriations: Ex-CBN Gov. Emefiele should have been exterminated by firing squad if ..- Onanuga

Onanuga was reacting to the report by the Special Investigator probing the CBN, Jim Obazee, who discovered that 593 bank accounts in the United States, United Kingdom and China where Emefiele stashed Nigerian funds without authorization by the Board and Investment Committee of the bank.

1.2k

The alleged treasonable atrocities by ex-Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, if committed in China, would have earned him death by firing squad, says Mr Bayo Onanuga.

Onanuga, who is the Special Adviser Information and Strategy to President Bola Tinubu, write on his “X” post on Friday.

Onanuga was reacting to the report by the Special Investigator probing the CBN, Jim Obazee, who discovered that 593 bank accounts in the United States, United Kingdom and China where Emefiele stashed Nigerian funds without authorization by the Board and Investment Committee of the bank.

Persecondnews had reported that Obazee had in his report recommended the prosecution of Emefiele and at least 13 other people, including his deputy governors, for alleged gross financial offences.

In the UK alone, the Special Investigator said his probe led him to 543.4 million Pounds kept by Mr Emefiele in fixed deposit accounts. He also said Mr Emefiele manipulated the Naira exchange rate and perpetrated fraud in the e-Naira project of the CBN.

Onanuga wrote: “If Godwin Emefiele and his gang had committed these egregious misappropriations in China, they will by now be facing the firing squad for high treason.”

Emefiele is already undergoing trial by the Economic and Financial Crimes Commission (EFCC) over alleged illegal contract awards and procurement fraud.

He is currently remanded in Kuje Correctional Centre (Prison), Abuja, for failing to meet his bail conditions and he might be spending the Christmas and New Year in the facility.

Leave a comment

Related Articles

Updated: Akpoti-Uduaghan’s lawyer pushes for consolidated hearing amid interview ban, case adjourned until May 12

Mr. Jibril Okutepa (SAN), counsel to the suspended Senator Natasha Akpoti-Uduaghan, has...

Tinubu’s Adviser on Political Affairs, Dr. Baba-Ahmed, Quits

Dr. Hakeem Baba-Ahmed, the Special Adviser on Political Matters in the Office...

Updated: Appeal Court lacks jurisdiction to enter any pronouncement in favour of Abure – Supreme Court

The Supreme Court has ruled that the Appeal Court overstepped its bounds...

Just in: Akpabio denies Akpoti-Uduaghan’s assassination claim, calls allegation false, malicious

Few days after suspended Senator Natasha Akpoti-Uduaghan accused him of working with...

Just in: Court bars parties in Akpoti-Uduaghan’s suit against Akpabio, others from press interviews

A Federal High Court in Abuja has issued a gag order, prohibiting...

Court halts Pro-Wike rally in Bayelsa, adjourns until April 11 for hearing

A scheduled April 12 rally in support of Minister of the Federal...

Rivers Assembly bombing: Court restrains Police, SSS from arresting Fubara’s Chief of Staff, Ehie

A Rivers State High Court sitting in Port Harcourt has issued an...

Oil price takes a hit, slides 6.8% to $69.90 per barrel due to Trump’s tariff

The price of Nigeria’s Bonny Light on Thursday dropped to $69.90 per...

Updated: INEC Reveals Why Sen. Akpoti-Uduaghan’s Recall Failed to Gain Momentum

The Independent National Electoral Commission (INEC) says it will not proceed with...

My alleged collapse, a desperate attempt to score cheap political points – Wike

Federal Capital Territory (FCT) Minister Nyesom Wike has categorically denied social media...

Edo Elections Tribunal’s Judgment, Temporary Setback, Set To Appeal – PDP Chairman

The Edo State Governorship Election Petitions Tribunal’s verdict of April 2 has...

National Unity Torch Ignites in Nasarawa, Benue States, Fostering Spirit of Unity, Solidarity

The Unity Torch for the 22nd National Sports Festival has successfully made...

Abuja AWVCC: APR Rwanda Stages Dramatic Comeback to Defeat Carthage Tunisia 3-1

In a thrilling match at the ongoing 2025 African Women’s Volleyball Club...

Trump Unveils Sweeping Trade Tariff Plan, Redefining Global Commerce

In a move that could significantly impact global trade, U.S. President Donald...

Niger Delta Sports Festival Kicks Off in Uyo, Aligns with RHINSE Initiative

The Niger Delta Sports Festival kicked off in grand style on Wednesday,...

Edo tribunal gives third judgment, dismisses PDP, Ighodalo’s petition against Okpebholo’s election

For the third time on Wednesday, the Edo State Governorship Election Petition...

NOC extols late Taekwondo President Saidu Abdullahi

The Nigeria Olympic Committee (NOC) has described the passing away of Saidu...

FCT Minister Wike Approves Employment of 34 Resident Doctors

In a significant stride towards enhancing healthcare services in the Federal Capital...

‘Small Girl, Big God’ – Korra Obidi celebrates US citizenship amid mixed reactions

Popular dancer and social media sensation Korra Obidi has officially become a...

Dayo Amusa reflects on motherhood and life’s trials in emotional post

Nollywood actress and singer Dayo Amusa is starting the new month with...