Coalition of civil society groups condemn release of Emefiele’s audiotape

Coalition of civil society groups condemn release of Emefiele’s audiotape

- The release of Emefiele's audiotape has been described as blackmail by a civil society group

- In the purported tape, Emefiele could be heard discussing the loss of over N500 billion from the CBN

- The civil society group said the timing of the release showed the intent of those involved

The Coalition of Civil Society Groups (CCSG) has condemned the release of an audiotape purportedly belonging to the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

Daily Trust reports that the group which is the umbrella body of all civil society groups in the country said the release of such tape could have a negative effect on the nation’s economy.

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In the purported audiotape, the CBN governor was reportedly discussing an alleged missing N500 billion.

Etuk Bassey William and Alhaji Ibrahim Abubakar who are the president and secretary-general of the group respectively said the release of the tape was clearly the handiwork of those against the reappointment of Emefiele.

They described the sudden emergence of audio tape prior to Emefiele’s appointment into a second term in office as “suspicious and an attempt to create unnecessary confusion in the nation’s financial sector as well discredit the nation’s apex bank governor.”

Meanwhile, the Senate on Thursday, May 16, confirmed Godwin Emefiele as governor of the Central Bank of Nigeria (CBN) for a second term that will last for five years.

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The confirmation by the Senate came after the presentation of the report of its committee on banking, insurance and other financial Institutions by Rafiu Adebayo on Thursday, May 16.

The Senate on Tuesday, May 14, asked the committee to consider the request by President Muhammadu Buhari for Emefiele's reappointment.

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Source: Legit

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