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Stats: 2,258,690 members, 4,940,905 topics. Date: Friday, 24 May 2019 at 08:44 AM

Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR - Politics - Nairaland

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Cbn Governor Caught On Tape Discussing How To Cover Up N500b They Stole - Sr / Presidency Reacts To ‘leaked’ Audio Of Amaechi Criticising Buhari / Senate Confirms Aisha Ahmad And Edward Adamu As CBN Deputy Governors (2) (3) (4)

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Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by Chinekepikin: 7:31pm On May 12
AUDIO TAPE: How Central Bank Governor Emefiele, Deputy Adamu And Top Officials Discussed How To Cover-Up N500bn Which They Stole From The CBN.
(the Audio which have part1 and part 2)

Godwin Emefiele, Governor of Central Bank of Nigeria and his Deputy Edward Lametek Adamu and the Director for Finance Dayo M. Arowosegbe including one of the Special Advisers to the CBN Governor, Emmanuel Ukeje have been caught on tape discussing how to cover up the loss of over N500billion stolen from the CBN in a private investment that went bust.

Two authentic telephone audio tapes exclusively obtained by SaharaReporters reveal how the governor and top officials of the Central Bank of Nigeria haggled over plots to conceal the loss of huge sums of monies in a Dubai investment according to sources at the bank.

Emefiele is heard saying in the audio to the deputy governor Adamu: "To avoid any serious problem is just, the government to have to agree to give us at least 100 billion cash but the government will not agree.They will kick against it".

CAUGHT ON TAPE: CBN Gov Emefiele And Top Officials Discuss How To Cover-Up N500bn They Stole -Part1

Expressing fear over what the opposition will say about the loss of the money which will slip Nigeria into hard times, the CBN governor can be heard in the audio saying: "How do I handle this? to which the deputy governor replied "we have to rack our brain and do something out because we can’t afford it at all, not at this time. Emefiele replies "the implication for the economy is, no no, no".

"The opposition will say it should have depreciated in the project.

The tapes revealed how the top officials managing Nigeria's central bank connived and conspired to cover up financial fraud which has affected the Nigerian economy.

Mr. Emefiele a former Managing Director of Zenith Bank of Nigeria was appointed by former President Goodluck Jonathan to head the CBN in June 2014.

Since assuming the governorship of the Central Bank taking over from now embattled Emor of Kano, Lamido Sanusi, it has been reported that the Central bank Governor has engaged in a series financial scams including foreign currency manipulation, money laundering and roundtripping to favor a group of politically exposed persons close to President Muhammadu Buhari.

He was the governor of the Central Bank when Nigeria slipped into the worse recession in 29 years.

Last week, Mr. Emefiele was renominated for a five-year tenure by President Buhari.


CAUGHT ON TAPE: CBN Gov Emefiele And Top Officials Discuss How To Cover-Up N500bn They Stole -Part2


These audio clips show Emefiele discussing extensively with top officials of the bank to conceal the loss made with the shareholders' funds from commercial banks, the monies were reportedly diverted to invest in Dubai to the tune of N500 Billion sometimes towards the end of 2018 and they reportedly lost that investment.

Emefiele repeatedly lamented the hopelessness of a way out of the problem: "I'll have to think of a way out because we cannot afford it at all.

"The implications are just too many to even think about and damaging. We cannot allow this like this, we cannot" he said.

In the discussions captured on tape, top financial officers at the CBN blamed one Arowosegbe and at several points contemplated cooking up the books, discarding several ideas.

At some point in the conversation, they plotted to ask the federal government for the shortfall through the Ministry of Finance but decided against it to limit outside exposure.

As the conversation went on they didn't know what to do to avoid a negative balance sheet for the shareholders' fund entrusted to the apex bank.

According to source at the CBN say Mr. Emefiele and others in the bank eventually found a way out of their dilemma by diverting funds in possession of the CBN and also printing hard cold cash.

Watch And Listen To The Audio below,

https://www.thenaijafame.com.ng/2019/05/audio-tape-how-central-bank-governor.html?m=1

5 Likes 2 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by daddytime(m): 7:46pm On May 12
Make una go look for better rope knot to put for neck as dem don renew him term for office...

37 Likes 4 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by Babanah: 7:47pm On May 12
Stop spreading lies, they appear concerned about a bank whose losses appeared to have wiped off shareholder funds. They seem to be more concerned by the impact of the news on the economy and foreign investors. Hence they were looking for ways to plug the whole in the finances of the bank concerned.

73 Likes 5 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by id911: 7:51pm On May 12
So CBN get shareholders? Tell me something

33 Likes 3 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by uruba23: 9:59pm On May 12
?
Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by MrThisandthat(m): 10:27pm On May 12
As funny as it may sound.. This same CBN Governor got his tenure extended few days ago by President Buhari...

Buhari's integrity is a mirage Aswear!

67 Likes 7 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by oluwasegun007(m): 10:27pm On May 12
No wonder he got automatic promotion to next klass... Good student...

Like Godwin, like Gandollar.

53 Likes 3 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by BORNTOSUCKPUSSY: 10:27pm On May 12
buhari is a bastard

12 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by HigherEd: 10:28pm On May 12
Ah 500 billion ke!

2 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by JudgeOGBUNABALI: 10:29pm On May 12
grin

1 Like 1 Share

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by victormartyn: 10:29pm On May 12
Criminals everywhere

1 Like 1 Share

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by NextPresido: 10:29pm On May 12
Meanwhile PMB will say nobody in my administration is kworupt.

We have not forgotten Maina, Akpabio, Orji Uzor Kalu, Ganduje, Abdullahi Adamu, Adams Oshiomole, Aliyu Wammako, Bola Tinubu, Abdul’aziz Yari, Amaechi, etc all of who should be in jail if this govt is truly fighting corruption. EFCC will also pretend like they did not hear anything. If na PDP members now, dem go start to flex muscle

29 Likes 2 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by Biglittlelois(f): 10:31pm On May 12
I'm wondering how these politicians who steal billions sleep at night knowing full well they didn't work for it, how can someone steal and still be comfortable with himself, how?

15 Likes 1 Share

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by SarkinYarki: 10:31pm On May 12
Babanah:
Stop spreading lies, they appear concerned about a bank whose losses appeared to have wiped off shareholder funds. They seem to be more concerned by the impact of the news on the economy and foreign investors. Hence they were looking for ways to plug the whole in the finances of the bank concerned.

it couldn't have been a commercial banks shareholder fund because Emeifele clearly said this would be the first time the fund in question was getting negative

10 Likes 1 Share

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by BabaIbo: 10:31pm On May 12
Even though I don't support APC/PDP...

This is fake, who are CBN shareholders abeg?

35 Likes 1 Share

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by ibe47show: 10:32pm On May 12
Check my profile
Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by 1zynnvn(m): 10:32pm On May 12
even though I don't support Buhari, I don't need to read this story to know its all bullshiit, how can you cover up 500bn,haba

27 Likes 3 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by theenchanter: 10:32pm On May 12
Sahara reporters..... spreading fake news since 1442.

30 Likes 1 Share

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by skales67: 10:32pm On May 12
Thieving thieves everywhere!

If we check, that Adeosun woman follow steal!

3 Likes 1 Share

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by chosen04(f): 10:32pm On May 12
*****Shakes Head in utter disappointment****

4 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by SarkinYarki: 10:32pm On May 12
Just see how that Yoruba man recorded his boss phone call so they could use it to blackmail him into losing his job so Babatunde Fowler can take over

30 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by DREAMZZZ(m): 10:33pm On May 12
sai baba sai mai gaskiya sai integrity....ama za ka ci durin uwarka grin

3 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by hammerFC: 10:33pm On May 12
SEE CBN GOV BE LIKE HOUSE BOY.


Y WILL BUHARI NOT REAPPOINT HIM.


NIGERIANS ARE THE MOST STUPID PEOPLE AND TO BE A NIGERIAN IS A CURSE.


BRITISH CREATED A COUNTRY WITH THEIR FAVORITE HATE WORD FOR BLACKS, WHICH IS NIGGA AND ALSO AN ABBREVIATION FOR NIGERIA.(NIGGA AREA)

17 Likes 2 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by kemmylove101: 10:33pm On May 12
It is finished . this country can never be good.. ahh.. 500b

3 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by MrThisandthat(m): 10:33pm On May 12
Buhari right now...

5 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by mybestlove(m): 10:33pm On May 12
Nigeria is in deep mess under this buhari government

3 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by emeijeh(m): 10:33pm On May 12
E don set o!

Emefiele is going down!!!!;

2 Likes 2 Shares

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by Upton: 10:33pm On May 12
Enemies want to pursue this guy. He will have to resign now

3 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by maybachmusic(m): 10:34pm On May 12
Yes


He helps bubu and tinubu move their bullion vans

5 Likes

Re: Leaked Audio: Emefiele, Edward Adamu Discuss How To Cover-up N500bn Stole - SR by hammerFC: 10:34pm On May 12
NIGERIANS ARE VERY GOOD ACTORS, SEE DEM ACTING SURPRISE?


A MAN THAT APPLAUD ABACHA, DISPLACED UR DEMOCRACY AND WAS AN IRON FISTED DICTATOR, U OPEN EYE TO ELECT.


LET THEM DIVIDE THE COUNTRY BIKO....

8 Likes 2 Shares

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