₦airaland Forum

Bebigiby1:
You call it "generous approvals" I call it theft.... Are these approvals legal....? You said "On allegations of giving generous approvals by faceless,nameless entities?..." Cardoso and other CBN executives implicated are not nameless or faceless as a simple Google search will tell who they are.... The moral burden lies on CBN to come clean with Nigerians and not the newspaper.....

The hatchet job was not refinely done by the so called journalist.Maybe he is not so intelligent.
Wise and educated people have seen that it is just a mudslinging bit of news.

How much were the alleged increments before their increase taking into cognisance the issue of minimum wage?

Bebigiby1:
You seem to be foolish to assume that it is propaganda.... Did you not read that CBN spokeswoman has been unreachable even before the report was published....? Why do you think the CBN spokesperson's phones were switched off when they tried to contact the bank....? It's been 24 hours since this was exposed... if the CBN has nothing to hide and the story is false then let CBN governor defend himself or sue the newspaper if he is clean....
Do you think the newspaper has no hard evidence to guard against litigations before reporting the story....? Tinubu is running a callous criminal enterprise not a government....they will continue looting if nothing is done to stop them....

How do you think tinubu came this far? Why do you think he's a self styled master strategist?
It's because corruption is in his DNA.

Ritchiee:
The hatchet job was not refinely done by the so called journalist.Maybe he is not so intelligent.
Wise and educated people have seen that it is just a mudslinging bit of news.

How much were the alleged increments before their increase taking into cognisance the issue of minimum wage?

If you don't believe the news, tell us your version with facts.

BeardedmeatR:
If you don't believe the news, tell us your version with facts.

Nobody believes the story because if it was not cooked up,it is the reality of the country for what you acquired for #5000 before to have jumped to #10,000.
It is not a fresh news.It came out yesterday or so.

Show me your friend........

Seem you're close to the CBN governor, instead of all the noise you're making here, why not tell the CBN governor to come clean with Nigerians by releasing a public statement on the issue..... It will not be long before hard evidences begins to flood the social media space over these allegations.... this is just the beginning....

Ritchiee:
The hatchet job was not refinely done by the so called journalist.Maybe he is not so intelligent.
Wise and educated people have seen that it is just a mudslinging bit of news.

How much were the alleged increments before their increase taking into cognisance the issue of minimum wage?

This useless man and his wicked boss in a sane environment should be behind bars now but nepotism is having a field day at all government parastatals and even if he is replaced today, the ones coming will do worse and the circle continues. The ineptitude of Nigeria runs in its citizens and we are the reflection of the leaders in power.

This is called Upgraded Sin. Every succesive govt and their appointees have made it a norm to just upscale the crime of their predecessors in office. We don jam monster in this kingdom.

LegendHero:
lol just 1billion.

Una no even sabi do propaganda.

U say 1 billion na just for a thief, ur head no clear at all.

Na institution of corruption is so high that even citizens expect public officers to steal more than a certain threshold, pathetic

Bebigiby1:

https://www.youtube.com/watch?v=npkdHkgqHqk

Tinubu administration's profligacy reaches new heights as CBN joins the looting spree.....

Read the full story below.

"Fourteen months after former Central Bank of Nigeria (CBN) Governor Godwin Emefiele was suspended and faced ongoing prosecution for various financial crimes, the current leadership of the apex bank, led by Olayemi Michael Cardoso, may be entangled in its web of breaches of official protocols and abuses of office.

In a scenario reminiscent of the investigation led by Jim Obazee, a special investigator hired by the federal government to uncover Emefiele’s activities while in office, multiple credible sources within the bank have now raised severe allegations against Governor Cardoso and his four deputy governors.

They are accusing the leadership under Cardoso of infractions that indicate weak systemic controls.

Among the allegations is the reported upgrade of annual housing allowances for the governor and his deputies to nearly N1 billion each. All five officials already live in luxurious residences in Abuja’s upscale Maitama district.

"What justification can there be for this level of indulgence?” asked a senior CBN official who requested anonymity for fear of reprisal. “The CBN’s leadership should exemplify modesty, not opulence.”

In another revelation, it is alleged that the governor and his deputies upgraded their international travel privileges from business to first class. A first-class ticket from Abuja to New York, which costs upwards of $15,000, is now standard for the CBN’s top officials.

How can they justify such luxury when the average Nigerian is struggling to afford necessities?” lamented another source within the bank.

Credible sources also alleged that the travel allowances of the governor and his deputies may have been increased to $7,000 per night, meaning they could pocket over $50,000 for a week-long trip, excluding additional perks.

“This is a brazen,” a source close to the matter stated. “How can they justify such largesse when the Nigerian minimum wage is a mere 70,000 naira a month?”

The bank is also accused of hiring consultants at over N30 million per month, “an amount that dwarfs the combined monthly salaries of all CBN directors”, one source said. For example, official documents showed that Mr Cardoso hired a media consultant for a monthly salary of N30 million.

There are also allegations of non-competitive and secretive hiring practices under Governor Cardoso’s leadership. Hundreds of CBN staff have reportedly been dismissed without due process under the guise of organisational restructuring, only to be replaced by new hires through covert means.

A source mentioned the specific case of a retired police Assistant Inspector General (AIG) appointed to head a department in disregard of extant rules. Also, the Procurement and Supply Services department has allegedly undermined the bank’s Human Resources department.

A senior staff member at the bank’s headquarters revealed that these breaches have led to tension and suspicion.

Efforts by this newspaper to obtain a reaction from CBN spokeswoman Sidi Ali were unsuccessful, as she refused to respond to questions sent to her phone, and her number was unreachable for calls.

https://leadership.ng/cardoso-deputies-under-scrutiny-over-alleged-generous-approvals/

I smell lies
But what do I know

Wainey:
What made u even believe this is false?
Let's wait as the truth unfolds before we start defending these criminals

Sorry who is this?

helinues:
Sorry who is this?

You are asking someone on a faceless forum "who is this?"

Ritchiee:
Nobody believes the story because if it was not cooked up,it is the reality of the country for what you acquired for #5000 before to have jumped to #1000.
It is not a fresh news.It came out yesterday or so.

What did you acquire for 5k that jumped to 1k?

So sad. Even those from good homes become Vagabonds when in Power.

It is harder to find a Nigerian that would not go for the kill of so-called National Cake once opportunity strikes.

Reminds me of how clean our Youths are; of that young Speaker, Bankole. Even Emifiele was supposed to be a clean fellow.

Ritchiee:
lol
On allegations of giving generous approvals by faceless,nameless entities?
Let the journalist give names even one name.
You just dont roll in the mud with pigs!

you guys are terrible