December 23, 2014
The Economic and Financial Crimes Commission on Monday said a former Governor of the Central Bank of Nigeria, Charles Chukwuma, has no case to answer regarding investigations into allegations of bribery involving Securency Pty Ltd of Australia and officials of both the CBN and the Nigerian Security Printing and Minting (NSPM) Plc over the supply of polymer substrate to Nigeria.
Speaking at a press conference in Abuja, EFCC Chairman, Ibrahim Lamorde, said after extensive investigation, the commission found that Mr. Soludo had nothing to do with the matter.
Saying no wrongdoing was established against him, the EFCC boss said the former CBN governor has since been cleared.
Following the October 1, 2009 launch of the polymer bank notes in Nigeria, which saw the N5, N10, and N50 notes remade in polymer material as against the original paper version, a scandal broke that CBN and NSPM officials received bribes to effect the switch to polymer.
In January 2013, the EFCC summoned Mr. Soludo (as Governor of CBN and chairman of the Board of NSPM at the time the alleged offence was committed) to clarify matters and state what he knew about the matter.
The former CBN Governor consistently denied any wrongdoing.
When PREMIUM TIMES contacted him Monday, Mr. Soludo said, “I am impressed by the professionalism of the Commission especially in making the result of its investigation public. In early November last year (2014), I wrote to the Commission demanding for the outcome of the investigation, and it replied stating that its investigation did not establish any culpability on my part. I simply put the letter in my file.
“Well, I always knew that there was nothing to it as far as I was concerned, and I did not know anything about the said allegations. What impresses me is that the Chairman and the Commission have displayed professional integrity by making its findings public especially in the light of the negative publicity that attended my invitation and interview at the Commission in January 2013. I left office six years ago, and I believe that this is good for Nigeria.”
NEXT, the now rested Nigerian newspaper, had reported extensively how Securency Pty, a bank note printing company owned by the Reserve Bank of Australia (RBA), engaged in a series of bribery schemes to secure polymer note printing jobs.
According to the paper, as well as an Australian newspaper, The Age, at least N750 million was paid in bribes to some Nigerian officials between 2006 and 2008 to secure the contract which saw to the initial supply of about 1.9 billion pieces of polymer substrates on which bank notes were printed.
Subsequently, several international investigations over the activities of the bank note company led to the arrest, prosecution as well as sack of several top management staff of the RBA and its sister company, Securency Pty.
In its own investigation, Nigeria’s anti-corruption agency, the EFCC interrogated several officials of the CBN and NSPM.
But while no official of the Central Bank has so far been indicted, the commission is in court with a former Managing Director of the NSPM, Ehi Okoyomon, over the request to extradite him to the United Kingdom to face prosecution over some findings related to the allegations.
The U.K. had sought the extradition of Mr. Okoyomon over his alleged role in the bribery scheme allegedly executed between 2006 and 2008.

http://www.premiumtimesng.com/news/headlines/178973-efcc-clears-soludo-says-ex-cbn-governor-not-involved-in-polymer-bribery-scandal.html

Good guy soludo.

So who ate the yam if there was no goat?

wakacome:
In the city called "yam"there lived a king called "solu"of the "do"kingdom,the name"yam" was named after a late king that loved yam so much......the late king died from the disease called "yam syndrome"....the yam syndrome started when a foolish goat from the "CBN"kingdom ate a yam that was kept at the kings palace..........to cut the story short and answer your question,..A goat definitely ate the yam but many people thought that a particular goat is responsible but the truth is that it is another goat that ate the yam,and the goat is still walking freely inside the "CBN"kingdom....





Wakacome

I wonder why goats walk free when we have an EFCC and a supposedly performing government?

Soludo don form alliance with GEJ... #hmmmmm

wakacome:
Because the supposedly performing government is headed by another goat...




Wakacome....

Word.

Wow!

So EFCC is still alive. I dnt even knw their chairman's name.

See wht GEJ has turned EFCC to. Ask urself, when last have you heard EFFC probbing a politician? Or is it because our politicians are nw saints?