THISDAY

Group Condemns Propaganda against Emefiele

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Thexs. The Agbor Stakeholde­rs Forum (ASF) has decried the continuous propaganda against a former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele. In a press statement made available to the media by Kanene Kachikwu for ASF yesterday the group stated: “We have watched with alarm, the seeming intention of the federal government under the charge of President Bola Tinubu, to hunt down and destroy our son, Mr. Godwin Emefiele by any means possible.

“Recall that we, his kinfolks and stakeholde­rs in his Agbor homestead have had cause to cry out last year after he was detained for over six months without bail.

“Though he was finally granted bail, we are moved to cry out once more in view of the relentless propaganda and media assault the federal government has unleashed on Mr Emefiele in the last couple of weeks.

“We are worried that since the beginning of this administra­tion, one man has been subjected to the investigat­ion of the Department of State Service (DSS), the Economic and Financial Crimes Commission (EFCC) and a Special Financial Investigat­or, Mr. Jim Obazee, yet no charges against him has been able to stand in the face of the court.

“As we chronicled in our first appeal, our brother has been charged with over half a dozen offences and all of them have failed in different courts.”

Furthermor­e, it stated: “The DSS first accused him of financing terrorism. After a thorough search of all his residences, all they got was a little gun, more like a toy gun.

“Then the EFCC took over and combed through all his financial records. They went to press that N7.1 trillion was missing. This was to later turn to N1.2 billion official vehicles procuremen­t irregulari­ty allegedly perpetrate­d by Emefiele and a female colleague. This too didn’t stand in the court of law.

“Most recently, the EFCC claimed it is probing forex transactio­ns of the CBN spanning the last nine years (2014 - 2023).”

The group added, “Why is the EFCC probe different from Special Investigat­or, Obazee probe.

Finally, Obazee told the world in its leaked report that Emefiele had interests in three bank necessitat­ing the takeover of the banks. But when the bank’s management was changed a few days ago, different reasons were adduced.”

The forum further went on to state that according to the CBN, the infraction­s of the three banks (Union, Keystone and Polaris banks) ranged from, “regulatory noncomplia­nce, corporate governance failure, disregardi­ng the conditions under which their licences were granted, and involvemen­t in activities that pose a threat to financial stability, among others.”

The statement added, “in all of this, the CBN didn’t give specific details of what makes up infringeme­nt and noncomplia­nce.

“Our point and also our grouse is that these probes, investigat­ions and reports therefrom are all politicall­y motivated attempts to ‘destroy’ our brother for his alleged role in former President Buhari’s naira redesign policy.”

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