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How Emefiele Got Into Trouble Over Laundered 1billion Dollars Linked To Dangote - Politics - Nairaland

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How Emefiele Got Into Trouble Over Laundered 1billion Dollars Linked To Dangote by bamideleafolabi: 5:06pm On Jun 10, 2023
*BREAKING NEWS: CBN Governor Emefiele Suspended over $1 Billion Transaction Linked to Aliko Dangote!*

In a shocking development, the Nigerian Federal Government has suspended the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Sources reveal that Emefiele was arrested in Lagos by the Department of State Services (DSS) on June 10 and flown to Abuja for questioning which the DSS has now confirmed. The suspension is allegedly directly tied to a staggering $1 billion scandal that unfolded just before the inauguration.

Startling revelations expose Emefiele's borrowing of $1 billion from Afrexim Bank on April 24, 2023 after the elections, during preparations for the May 29 inauguration. Shockingly, within a mere two days of receiving the money, $750 million was swiftly transferred to Aliko Dangote's Dubai accounts using a Form A. These explosive findings have rocked the nation, raising concerns of integrity, collusion, and abuse of power. It is alleged that the President-Elect was kept in the dark about this transaction.

The magnitude and method of the transaction are mind-boggling. Sources within the CBN claim that Emefiele sold the dollars to Dangote at an unbelievably low rate of 445 Naira to the dollar. 1billion dollars was received from Afrexim Bank into the CBN JP Morgan account on April 24, 2023, out of which 750million dollars was immediately transferred to Dangote's Bluestar Dubai account within two days using the "Form A" transaction method, bypassing the requirement of a Letter of Credit. Bluestar has had ties to Dangote since 2007.

While some CBN officials raised concerns about these transactions, the revelation highlights the potential for money laundering and illicit activities within Nigeria's financial system, tarnishing the CBN's integrity under Emefiele's leadership. Recognizing the gravity of the situation, the President took decisive action by suspending Emefiele and ordering a thorough investigation

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Re: How Emefiele Got Into Trouble Over Laundered 1billion Dollars Linked To Dangote by SangoOlukosoOba(m): 5:14pm On Jun 10, 2023
🤣🤣🤣🤣🤣🤣

Some people will just open their laptop and start composing gibberish.

Do you know how much is $1,000,000,000 ?

Do you think it’s that easy to steal?

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Re: How Emefiele Got Into Trouble Over Laundered 1billion Dollars Linked To Dangote by jacobs2015: 5:25pm On Jun 10, 2023
Truth be told, there's no one that his yansh would be sniffed without perceiving any odour from it. Emefiele allowed himself to be used by the previous regime, dancing to all their beats even when it was illegal.

The last of his straw that broke the camel's hunch was working with the cabal in trying to scheme out tinubu during the elections period via the naira redesign and scarcity which was a game plan directed to no one else but BAT, of which BAT himself was aware of this.

Emefiele's thought was that BAT won't smell the Villa based on the plan on ground then so his ass would be saved if the APC's anointed candidate wins.

Now that the game has changed, where is the Buhari and his cabal now to come to his rescue.

Anyone who fetches an ant infested log should be ready to welcome lizards to his abode. This is just the beginning of the game. Goodluck to Emefiele.

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