👤 By Adenike Lucas, DENISAURUS News

The President of Nigeria has asked for the activities of the Central Bank to be investigated.

President Bola Ahmed Tinubu, who was elected in Febrauary of 2023, had previously authorised the suspension of Godwin Emefiele, the governor of CBN.

Emefiele, who was later arrested and detained by the secret police, is being investigated for his time in office.

The President has now also appointed the former executive of the Financial Reporting Council, Jim Obazee to “investigate the CBN and related entities.”

A letter from the President’s office to Obazee states that he is required as “special investigator, to investigate the CBN and related entities.”

He is “to investigate the CBN and related entities using a suitably experienced, competent and capable team and work with relevant security and anti-corruption agencies to deliver on this assignment. I shall expect a weekly briefing on the progress being made.”

The letter notes that the “appointment shall be with immediate effect and you are to report directly to my office.

“The full terms of your engagement as special investigator shall be communicated to you in due course but, require that you immediately take steps to ensure the strengthening and probity of key Government Business Entities (GBEs), further block leakages in CBN and related GBEs and provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments (whether private or public).”