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Former Central Bank Finance Director Arrested In Connection With CBN Audit - Politics - Nairaland

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Former Central Bank Finance Director Arrested In Connection With CBN Audit by bukunmibami: 10:20am On Sep 15, 2023
Benjamin Fakunle, the recently retired Finance Director at the Central Bank of Nigeria (CBN), has been arrested and detained by the Department of State Service (DSS). 

Reports suggest that Fakunle's arrest is related to the investigation into the seven-year audited accounts of the CBN, which are being accused of not complying with accounting and reporting guidelines.

The Secret Service reportedly apprehended Fakunle at his retirement party in Abuja on Wednesday, and he has been in custody ever since.

https://ikejabird.com/former-central-bank-finance-director-arrested-in-connection-with-cbn-audit-investigation/
Re: Former Central Bank Finance Director Arrested In Connection With CBN Audit by DaddyJapan(m): 10:28am On Sep 15, 2023
Some retirement party it must have been then.

Let's hope Fakunle has a good explanation for flouting recommended guidelines. cool

Benjamin Fakunle, the outgoing Finance Director at the Central Bank of Nigeria (CBN) has been arrested and detained by the Department of State Service (DSS).

It was learnt that the Secret Service arrested him to understand his role in the recently published seven-year audited accounts of the CBN which is being alleged to have not followed stipulated accounting and reporting guidelines.

Fakunle who just retired is one among many officials of the apex bank who have bee arrested and interrogated as Jim Obazee, the Special Investigator appointed by President Bola Tinubu continues the investigation of CBN.

He was said to have been arrested Wednesday at his retirement party in Abuja and has since been in detention.

Reports say Fakunle is being interrogated on why and how the accounting guidelines which allegedly deviated from the provisions of the International Financial Reporting Standards (IFRS) was used to prepare the published accounts of the CBN.

He would also be required to explain why some alleged N401 million was paid for the document as against the rules laid down by the Financial Reporting Council of Nigeria.

Source: https://businessday.ng/news/article/dss-arrests-fakunle-cbn-finance-director
Re: Former Central Bank Finance Director Arrested In Connection With CBN Audit by Iamanoited: 11:15am On Sep 15, 2023
THAT WAS GOOD.
Re: Former Central Bank Finance Director Arrested In Connection With CBN Audit by Pauladex(m): 11:18am On Sep 15, 2023
Why am I so damn happy? The new sweet me die.
Re: Former Central Bank Finance Director Arrested In Connection With CBN Audit by MissLeslie(m): 11:29am On Sep 15, 2023
That is party after party, let him go and continue his retirement party at DSS office.
Re: Former Central Bank Finance Director Arrested In Connection With CBN Audit by inoki247: 12:31pm On Sep 15, 2023
Make he go explain himself even though with all the arrest we never see the evidence of anybody been prosecuted for real....

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