CBN governor files defamation suit against man who accused him of fraud

CBN governor files defamation suit against man who accused him of fraud

- George Uboh, the head of Whistleblowers Network, has been remanded in prison for accusing CBN governor, Emefiele, of fraud

- Uboh had asked the court to stop the reappointment of Emefiele as CBN governor for second term

- The head of the network, among other things, accused the apex bank governor of diverting numerous funds

George Uboh, who accused the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of fraud was on Thursday, May 23, imprisoned after opposing the governor’s second term.

Uboh, who heads the Whistleblowers Network, a non-governmental organisation, was taken to Suleja prison after a defamation suit filed by Emefiele, Premium Times reports.

The head of the non-governmental organisation was immediately arrested after he was given bail from another case.

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It should be noted that Uboh in a suit with the case tag FHC/ABJ/CS/419/2019 wanted the court to stop the CBN’s reappointment of Emefiele for second term.

The suit accused the governor of colluding with the Nigerian National Petroleum Corporation (NNPC) to defraud Nigerians by diverting the sum of $24 million funds gained from the sale of petroleum products.

He also brought the allegation that Emiefele diverted over $760 million from the foreign exchange incomes.

A part of the suit read: “In 2017, the Central Bank of Nigeria (CBN) confirmed to have sold forex to Bureau De Change (BDCs) at four (4) different locations across the Federation, namely Lagos, Kano, Abuja and Awka.

“The apex bank further confirmed that a total sum of Four Billion, One Hundred and Fifty Nine Million, Nine Hundred and Sixteen Thousand United States Dollars [$4, 159, 916, 000.00] were sold to the BSCs in 2017.”

Uboh was reportedly arrested by the officers of the Police Force Criminal Investigations Departments (FCID).

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Meanwhile, earlier reported that Emefiele appeared before the Senate committee on banking, insurance and other financial institution for screening on Wednesday, May 15.

President Muhammadu Buhari had written to the Senate requesting that Emefiele be confirmed as CBN governor for a second term of five years. ( -> We have upgraded to serve you better

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Source: Legit

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