Godwin Emefiele, the former Central Bank of Nigeria Governor, allegedly deposited billions of naira in over 593 bank accounts across the United States, United Kingdom, and China without approval from the apex bank's board of directors and the CBN Investment Committee.
According to Jim Obaze, the Special Investigator on the CBN and Related Entities, Emefiele placed £543,482,213 in fixed deposits in UK banks without proper authorization.
Obaze's final report, titled 'Report of the Special Investigation on CBN and Related Entities (Chargeable offences),' was submitted to President Bola Tinubu, revealing the unauthorized investments during Emefiele's tenure.
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