AFRICAN ACTION CONGRESS CALLS FOR IMMEDIATE SACK AND ARREST OF CBN GOVERNOR GODWIN EMEFIELE OVER N500bn THEFT

AFRICAN ACTION CONGRESS CALLS FOR IMMEDIATE SACK AND ARREST OF CBN GOVERNOR GODWIN EMEFIELE OVER N500bn THEFT

Omoyele Sowore, chairman of the African Action Congress party, has called for the immediate sacking and arrest of the CBN governor, Godwin Emefiele, following the recent release of an audio recording that puts him squarely at the centre of an audacious 500 billion naira theft that crippled the economy and risked foreign investment. Emefiele, his deputy Edward Lametek Adamu and others have been caught on tape discussing how to cover up the loss of the funds stolen from the Central Bank of Nigeria towards the end of 2018 in a private investment in Dubai that went bust.

The CBN governor, appointed by Goodluck Jonathan, retained by Buhari’s regime and now approved for a further five years can distinctly be heard discussing with his deputy for ideas on how to cover up the heinous crime against the people of Nigeria.

Emefiele is on record as saying that the damage could be extensive, leaving many wondering that “They (the CBN heads) could have depreciated, they didn’t depreciate and foreign investors will now begin to panic and take their money out because they would say it would depreciate.”

Sowore has been unwavering in his stance that the rot eating away at Nigeria’s fabric starts at the top, and continues to unearth evidence to prove this point. From security to power to income strategy, it is clear that this government and its leadership work towards impeding Nigeria’s growth at every turn.

The fact that this irrefutable evidence is not headline news and the governor maintains his position at the helm of the nation’s financial affairs – as have many thieves before him – is damning to our country indeed. APC and PDP, the two sides of the same country-crippling coin install their cronies into positions of power and the wholesale embezzlement is allowed to freely continue.

Independent sources at the CBN say Mr. Emefiele and his partners ultimately resolved this issue by diverting funds in possession of the CBN and also printing hard cold cash. The country cannot continue to be led by people who are unconcerned about the plight of the suffering masses and are only creative in covering their perfidious tracks.

This cannot be allowed to continue. The African Action Congress party demands that the governor steps down immediately and a full scale investigations be launched into his actions and financial manipulations during his tenure.

Nigeria must progress.

Rachel Onamusi-Kpiasi
Director, PR, Media and Communication
African Action Congress