$50m Lagos Misery Money: CBN Faults NIA Claim In Shocking Fresh Revelation - Uju Ayalogu's Blog for News, Reviews, Articles and More

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Tuesday 18 April 2017

$50m Lagos Misery Money: CBN Faults NIA Claim In Shocking Fresh Revelation

$50m Lagos Misery Money: CBN Faults NIA Claim In Shocking Fresh Revelation

The Central Bank of Nigeria has faulted claim by the National Intelligence Agency, NIA that the seized N13bn ($43.4m, N23m and £27,000) by the Economic and Financial Crimes Commission at the Osborne Towers, Ikoyi, Lagos was gotten directly from the apex Bank, emerging report according to Premium Times suggest

The CBN, When contacted, according to Premium Times said it was not sure, as at Saturday, that the recovered billions, in mint fresh notes, moved directly from the bank to the NIA.

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The security agency had claimed that it received the funds directly from the CBN.

But when contacted by PREMIUM TIMES to clarify its role in the disbursement of the funds, the CBN spokesperson, Isaac Okorafor, said, “It is true the Central Bank of Nigeria issues mint fresh notes, but it is only to banks.

“After that (issuance to banks) CBN does not know which of their customers they (the banks) give those notes to and for what purpose.

“I cannot say if the notes the NIA is claiming came from the CBN. So, I will not be able to answer questions on it for now, except I receive a specific request.”

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