Monday, December 25, 2023


In a statement released Sunday night, the embattled former Governor of the Central Bank of Nigeria, Emefiele, refuted allegations made by the CBN's private investigator, Jim Obazee. 

Emefiele challenged the accuracy of the report, stating it was misleading and an attempt to tarnish his reputation. 

He emphasized that there was presidential approval for the Naira redesign, refuting claims to the contrary. 

Additionally, he disputed allegations of unauthorized withdrawals and the existence of foreign accounts, asserting that he had no involvement in such activities. 

Emefiele pledged to pursue legal action to clear his name from the defamatory statements.

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