Home Business Banking & Finance Emefiele ran CBN like cabal’s ATM, canteen — Shehu Sani

Emefiele ran CBN like cabal’s ATM, canteen — Shehu Sani

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Former federal lawmaker, Senator Shehu Sani has urged the Federal Government to conduct an independent probe of the Central Bank of Nigeria (CBN) and its suspended governor, Mr. Godwin Emefiele.

In a statement on Twitter on Saturday, Sani, a member of the eighth Senate,  alleged that the embattled ex-CBN governor ran the apex bank as an “Automated Teller Machine of the Cabal, a canteen and cash cow”.

In a statement by the Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey on Friday, President Bola Tinubu directed the Emefiele to vacate and hand over to the Deputy Governor (Operations Directorate), Mr. Adebisi Shonubi, with immediate effect, pending the conclusion of an investigation and the reforms of the financial sector of the country.

Sani commended President Tinubu for Emefiele’s suspension and Shonubi’s appointment.

He urged the President to ensure external auditors are contracted to probe the apex bank and Emefiele for transparency and accountability purposes.

The statement read: “The eviction of Emefiele is commendable. The appointment of Shonubi as acting governor is commendable. But the house cleaning of the CBN can only be done by engaging a team of auditors from outside of the CBN.

“Only they can professionally and thoroughly probe the apex bank and tell the country how the bank was run under Buhari’s Emefiele.

“The CBN was operated as an ATM of the Cabal, a canteen, and cash cow of the parasitic elites of the past administration”.

 

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