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CBN Uncovers $2.4bn Foreign Exchange Scam - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / CBN Uncovers $2.4bn Foreign Exchange Scam (29215 Views)

Cardoso: $2.4bn FX Claims Not Valid, $2.3bn Settled, $2.2bn Outstanding / CBN Uncovers ₦‎4 Million In Ogun, Knocks Commercial Banks / Magu: UK Too Slow On Diezani… No Kobo Recovered From Her $2.4bn Loot (2) (3) (4)

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Re: CBN Uncovers $2.4bn Foreign Exchange Scam by DatNiggaDaz: 10:26pm On Mar 26
RecentHistory:


Remember Biafra Secret service?

Una too mumu grin

Who be una Abi any one not supporting corruption & maladministration of a failure Tinubu na una grin grin

I don warn you say you go wound. You know hear grin

2 Likes

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by lexy2014: 10:30pm On Mar 26
Richtaiwo:
They will tell you it is propaganda. Ask them to explain how this is propaganda, what sense it makes, and the expected logical end of the propaganda. Instead of explaining this simple question, they will start murmuring like baby monkeys and be asking if you have eaten. Those clowns will soon arrive.

so who are the scammers behind the $2.4b forex scam?

1 Like

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Konquest: 10:31pm On Mar 26
dre11:

In a startling revelation, the Central Bank of Nigeria (CBN), Governor Yemi Cardoso, has disclosed that law enforcement agencies are investigating foreign exchange forwards valued at approximately $2.4 billion.
Cardoso noted that these transactions are deemed ineligible for payment.

This disclosure emerged after the Monetary Policy Committee (MPC) meeting held in Abuja on Tuesday, March 26.

The CBN governor shed light on the meticulous forensic audit conducted on these transactions, uncovering numerous discrepancies and rendering them invalid.

The CBN, upon settling certain tranches of FX backlog, encountered transactions marred by issues concerning their authenticity.

Consequently, Deloitte management consultants were engaged to conduct a comprehensive forensic analysis spanning several months to scrutinize the legitimacy of these forward-contracted transactions.

During the audit process, it was established that several transactions failed to meet the criteria for validation. Instances were found where allocations worth millions of dollars were disbursed without corresponding requests, and some transactions lacked proper documentation or were outright illegal.

According to Cardoso, “In the cause of that forensic audit, we determined that a number of these transactions did not qualify. In some cases, you had some requests, which well you actually had some allocations that were made in millions of dollars, which were never requested for.

https://thenationonlineng.net/cbn-uncovers-2-4bn-foreign-exchange-scam/
The cesspit of corruption.
Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Irupetepete: 10:31pm On Mar 26
Richtaiwo:
They will tell you it is propaganda. Ask them to explain how this is propaganda, what sense it makes, and the expected logical end of the propaganda. Instead of explaining this simple question, they will start murmuring like baby monkeys and be asking if you have eaten. Those clowns will soon arrive.
OK, no be propaganda, but what will happen to those found wanting? Nothing...
Welcome to Nigeria...

1 Like

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by lexy2014: 10:32pm On Mar 26
Donaldoni:
We are making headway.
Thank God.

Piiiigggs do not see any good. They will still grunt stupid comments as always. cheesy

which headway have you made?

if there is a scam of $2.4b, how come the CBN cant give the identities of those behind the scam?

is $2.4b just N2,400?

3 Likes

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by RecentHistory: 10:34pm On Mar 26
DatNiggaDaz:

Who be una Abi any one not supporting corruption & maladministration of a failure Tinubu na una grin grin

I don warn you say you go wound. You know hear grin

Them don nack una Akube Mandela for Sanko. Na so everybody dey laugh una. grin

3 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Onewazobia(m): 10:40pm On Mar 26
Everybody knows there's alot going on but will those found in abuse of office be prosecuted? Will they face the rode of the law?
Know crime goes on without validation of some Oga's at the top.
Some even stuff this same hard currency on camera, yet nothing is/will be done to them, that's Nigeria for you.

Please we are not asking for too much, let the price of commodity come down
Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Haaland21: 10:43pm On Mar 26
DatNiggaDaz:
Bullion vans uncovering Bulllion van scams

Wonders shall never end grin grin

Cardoso the quack under Tinubulation just giving useless excuses, blames as usual.

Mandate standers & former darling daddy lovers your emikolliatives awaits una. from Apc to Apc.

grin


Keep entertaining your ilk who are dull like yourself.
You are too dull to contribute to the thread.

This is not a joke section.

4 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by obaidan: 10:45pm On Mar 26
na for Nigeria u go see government make announcement say dem dey investigate thief..why not finish investigation and delay announcement till when charges...abi una just dey alert thieves to clean up and lock shop

3 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Lithiumite: 10:46pm On Mar 26
rinzaugustine:
They should invest the money they use in promoting all these propaganda on farmers because they are now sounding like baba suwe…nothing fruitful ever comes out from a stolen mandate. If Tinubu and his band of thieves are not slaughtered like Rawlings did, nothing positive will ever happened except that more Agbadorites will die of starvation and the rest end up naked in mad people’s homes

Can you please explain what the article is all about.....your response seems to be totally out of context with what the article says and the sad thing is that the gullible ones you intend to fool are in the majority here.

3 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by DatNiggaDaz: 10:47pm On Mar 26
Haaland21:


Keep entertaining your ilk who are dull like yourself.
You are too dull to contribute to the thread.

This is not a joke section.
continue to deceive yourself & assert upon you so much intelligence grin grin

Stick to supporting a worthless certificate forger who is a Chicago ordained Dr.. lord grin grin

Talking about being a dully dumba"s"s grin grin

3 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by osothermal(m): 10:51pm On Mar 26
Richtaiwo:
They will tell you it is propaganda. Ask them to explain how this is propaganda, what sense it makes, and the expected logical end of the propaganda. Instead of explaining this simple question, they will start murmuring like baby monkeys and be asking if you have eaten. Those clowns will soon arrive.
Buhari and Apc really dealt with this country

2 Likes

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by IPIGSRSHALLOW: 10:52pm On Mar 26
socialmediaman:
The only difference between this government and the previous one is, this one has unprecedented levels of propaganda!

Like, you met someone who was managing to eat 4 slices of bread as their only meal of the day, cut their only meal to only 1 slice of bread, then if they're able to eat 2 slices of bread for a meal, you start celebrating the improvement on the newspapers.

Mkpuru mirri and cannibalism are bad for your health. Pls, seek mental help.

1 Like 2 Shares

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Chummynoni(m): 11:01pm On Mar 26
So many fools commented on frontpage. They dont even understand this news or should i say they have comprehension issue. Most people that rush to comment on frontpage most of the time are dullards.

3 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Antoeni(m): 11:36pm On Mar 26
Una Mumu Na Grade 1

2 Likes

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by socialmediaman: 11:50pm On Mar 26
kelvindj98:

Some of you are just very stupid. You think the president and executives at CBN have the time to be cooking up non existent stories. What will be the purpose. I'm sure the ban of Binance is also propaganda and didnt happen. Mumuni

What was the purpose of all the propaganda of Buhari doing well for 8 years, only to throw him under the bus so that people won’t blame Tinubu for the current state of the economy? Let’s hear your final answer

4 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by fuckJones(f): 11:52pm On Mar 26
Goodwill is our brother from the east
Re: CBN Uncovers $2.4bn Foreign Exchange Scam by socialmediaman: 12:02am On Mar 27
Richtaiwo:
They will tell you it is propaganda. Ask them to explain how this is propaganda, what sense it makes, and the expected logical end of the propaganda. Instead of explaining this simple question, they will start murmuring like baby monkeys and be asking if you have eaten. Those clowns will soon arrive.

Who initiated these transactions, or did they just magically appear on the transaction list? Every transaction should have a source and destination. What officers were involved? Where are DSS and EFCC when you need them?

You just uncovered fraud worth $2b and that’s it?

5 Likes 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Vision101(m): 12:05am On Mar 27
socialmediaman:
The only difference between this government and the previous one is, this one has unprecedented levels of propaganda!

Like, you met someone who was managing to eat 4 slices of bread as their only meal of the day, cut their only meal to only 1 slice of bread, then if they're able to eat 2 slices of bread for a meal, you start celebrating the improvement on the newspapers.
Say the truth: you didn't understand the grammar. Hire someone to explain to you.
Re: CBN Uncovers $2.4bn Foreign Exchange Scam by khattab02: 12:11am On Mar 27
Hmm..

So what are we to do about it? Are people not responsible for this?



Many people don innocently milk the country dry and go scot free
Re: CBN Uncovers $2.4bn Foreign Exchange Scam by sirscripture: 12:25am On Mar 27
"Those clowns will soon arrive." The is the most appropriate way to say it. May we be bold enough to overpower those clowns someday...



Richtaiwo:
They will tell you it is propaganda. Ask them to explain how this is propaganda, what sense it makes, and the expected logical end of the propaganda. Instead of explaining this simple question, they will start murmuring like baby monkeys and be asking if you have eaten. Those clowns will soon arrive.

2 Likes 2 Shares

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Hawkler: 12:31am On Mar 27
socialmediaman:
The only difference between this government and the previous one is, that this one has unprecedented levels of propaganda!

Like, you met someone who was managing to eat 4 slices of bread as their only meal of the day, cut their only meal to only 1 slice of bread, then if they're able to eat 2 slices of bread for a meal, you start celebrating the improvement on the newspapers.
You have an assimilation problem. There is no Jack or Harry that will succeed the previous govt without slow headway.

2 Likes 2 Shares

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by blacknp(m): 12:39am On Mar 27
DatNiggaDaz:
Pls stop defending corruption, looting, bigotry, nepotism, tribalism, failure, maladministration, killings, terrorism, massacre, landgrabbing, genocide,.etc

Your corrupt clueless incompetent certificate forger & ruga loving darling daddy both fröm Apc destroyed the nation by looting her into a state of renewed hopelessness

You go wound o

grin grin grin
To say that you need psychiatric assistance is an understatement.

Definitely a produce of contaminated semen.

1 Like 1 Share

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by BayoSteel: 1:11am On Mar 27
tobenuel:
I just notice say urgency no dey 2k hand again o, 5k don collect am



This is actually Deeeeep.. if u know! u know. If u don’t forget about it
Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Sapasenator: 1:12am On Mar 27
Richtaiwo:
They will tell you it is propaganda. Ask them to explain how this is propaganda, what sense it makes, and the expected logical end of the propaganda. Instead of explaining this simple question, they will start murmuring like baby monkeys and be asking if you have eaten. Those clowns will soon arrive.

Why cant they prosecute the scam perpetrators. Have you thought about that?

2 Likes

Re: CBN Uncovers $2.4bn Foreign Exchange Scam by Apel147(m): 1:17am On Mar 27
Obi still won't be president 😜😜😜😜


DatNiggaDaz:
Pls stop defending corruption, looting, bigotry, nepotism, tribalism, failure, maladministration, killings, terrorism, massacre, landgrabbing, genocide,.etc

Your corrupt clueless incompetent certificate forger & ruga loving darling daddy both fröm Apc destroyed the nation by looting her into a state of renewed hopelessness

You go wound o

grin grin grin

1 Like

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