₦airaland Forum

By: Nduka Chiejina


The Central Bank of Nigeria (CBN) has washed its hands of the controversial N15 billion Osborne Towers, Ikoyi, Lagos cash haul.

CBN spokesman Isaac Okorafor told The Nation that the apex bank did not know the source of the money.

Okorafor said the CBN issues serial currencies to banks which are at liberty to give such currencies to their clients.

“I do not know the source of the money; we (CBN) only issue currencies to banks which then transmit the currencies to their customers,” Okorafor said.

Operatives of the Economic and Financial Crimes Commission (EFCC), acting on a tip-off on Wednesday, stormed an apartment at Osborne Towers, Ikoyi Lagos where they found $43,449,947, £27,800 and N23,218,000 stacked inside a fireproof safe.

The discovery has generated controversies over who the owner of the fund is as well as the owner of the apartment where it was found.

The Nation reported on Monday that “when the EFCC began the investigation of some Politically Exposed Persons (PEPs), it traced the movement of the cash to NIA account. Instead of seeking explanation from the Director-General of NIA, Ambassador Ayo Oke, the EFCC wrote directly to the Central Bank of Nigeria (CBN) to demand the details of the transactions on the said account.

“In fact, the documents obtained from CBN included other sensitive operations and overhead. The NIA took exception to it. When President Muhammadu Buhari intervened, he saw all the records that neither NIA DG nor any staff benefited from the said funds.”

There have been questions on the money. Why did NIA not share intelligence about the money with other agencies? If the cash was for operations two years ago, why was it lying idle in the apartment? Shouldn’t the huge cash have been kept at the Central Bank?
President Muhammadu Buhari is said to have asked the EFCC and the NIA to file briefs on the discovery to the Attorney-General of the Federation.

Rivers Governor Nyesom Wike accused his predecessor Rotimi Amaechi of being the owner of the money, saying it was part of the proceeds of the state’s turbines, which were sold. He threatened to launch a legal battle to secure the cash and urged residents to pray for its return.

Amaechi denied owning the money and the apartment in which it was recovered. He has threatened to sue those who linked him to the matter.

dre11:
http://thenationonlineng.net/cbn-denies-knowledge-ikoyi-loot/

In a country like Nigeria founded on lies and deceit, if the war is to be impartial, Saint Buhari might be forced to arrest himself before others due to the questionable and unclear sources of the APC election campaign funds.

NgeneUkwenu:
You should have shot the dimwit for defacing your wall with the name of a terrorist!

emu22:
Did you just say that?what about good roads,the brt stuff.See give bubu some credit for ensuring that the project continued,look at obamacare'trump wanted to kill it if not for the level of civilisation in that country,If bubu had killed uncle Jonahs rail project we won't be having dis DISCUSSION rite now.

emu22:
Bros'let me give u clear example of the point am trying to mk'uduaghan wanted to build brt lane in warri,he started it spent millions on it'look at the so-called uduaghan buses,Marco polo buses but when okowa came'he came with his own projects and got rid of all d Marco polo buses.continuity is key in government, bubu started from where uncle Jonah stopped,he could have done otherwise if he wanted to.

emu22:
That was a test run man.bubu has obviously failed but pls don't call that name jonah'he failed woefully.This is coming from a Niger deltan.Thats how we will add sentiments and vote anoda doosh bag come 2019.

emu22:
Did he mk dem operational? Abandoned project isn't new man,dey could have ended up being abandoned project and all d money Jonah spent would ave been wasted.

brogxy:
There are some people u don't argue with else they drag u down to their level.
No matter how much you explain what u wrote here, a zombie will never get it.

rusher14:
He was and still is.

An2elect2:
The church of God does not receive tithe. All those collecting tithes are liars and robbers and they obey no one but their father, the devil.

EnigmaticEnigma:
Please read the post again.

It said the EFCC had originally reported 37 million, until the money was claimed by NIA to be 43 million. That is when EFCC now said that the money was 43million.

Get it

Eazybay:
This thread says a lot about Nigerians and "hero worship"

Pres Buhari had a manifesto!! Has he lived up to it? Why are Nigerians wicked to themselves? The only point u have there is the lack of suitable opposition, honestly is that enough for us to go by?

I can see Nigeria and the present admin through your prism!

You already have light, he has built new refineries as promised, he has upgraded our universities and we have more to absorb the ever increasing JAMB candidates. PMB has also acquired weapons and we no longer live in fear of the herdsmen or BH. Kebbi is now producing 1million tonnes of rice and the cost of food has reduced drastically! Baba has recovered trillions in d past 2yrs and also borrowed 15tn so far to clean up d mess left behind by PDP.

In fact when I see ur likes who rubbished EVERY single thing done by the prev admin claiming PMB has not done poorly I go back to pray!!

Just 2 prayer points:

1 Baba should win in 2019 and continue his good work.

2 Before then my U.S visa should be approved.

seunmsg:
The money will be permanently forfeited to the federal government if nobody claims it in the next 14 days and that is why I am excited. Money has been taking away from a thief and will definitely be put to good use for the benefit of Nigerians.

If government finds the owner of the flat and person denies ownership of the money, what do you think will happen?

Sarkki:
Thank God they Are Alive.

May God Deliver Us From APC And premature Death.

victorigwe:
But i haven't creat channel how can i add video on it, i open utube account i did not see attach i only see upload vedio and video can upload, some one told me that it can only be done on pc..

victorigwe:
Thanks bro, is it on a computer or android? am using symbia phone

Jman06:
What a wicked country! So somebody actually gathered such a huge sum of money all to himself, yet the majority of Nigerians live in penury How dark can the heart of Nigerian politicians get..

And when i support Biafra some people will become so blind that they can't see the reason. Biafra will give me the opportunity to create a better nation for my unborn generation to thrive because Nigeria is obviously irredeemable.

Whoever left that money there or owns it is a good description of demon, whether the person is APC or PDP.

victorigwe:
I dont have youtube nor know hw to upload video, am not that computer wizzard or God

rookidmart:
It could be Leagoo or Bluboo; as long as it's not Tecno.

noeloge82:
Yes o
Everything is not food that's why most of our zoo s lack content