spot_img
7.7 C
Munich
spot_img
Sunday, April 28, 2024

Tinubu group drags CBN Governor to court, request suspension of Bank’s chief

Must read

A group under the aegis of South-South Agenda for Tinubu/Shettima (SSAT), will this week drag the Central Bank Governor, Godwin Emefiele to court.

The group announced that their legal battle to seek judicial support for the suspension of the Central Bank of Nigeria (CBN) Governor, from office will commence at a Federal High Court, to pave way for the forensic probe of the CBN Governor and his activities since assumption of office.

Making the announcement in a press statement, the National Coordinator of the group, Mr. Bitrus Nta Oliver said the action was now necessary considering the endless wait for the cleansing of the apex Bank, in order to rescue the dwindling economy and save President Muhammadu Buhari’s legacies.

It will be recalled that the group a few weeks ago called on President Buhari to suspend Emefiele from office over what they described as ‘abuse of office’, use of public funds for personal investment, mountainous corruption, alleged looting of the apex bank, alleged money laundering, lack of capacity, suspected forex racketeering, and alleged abuse of CBN intervention funds and projects.

The group has, however, threatened to commence legal action if the president failed to act by suspending the CBN Governor and pave the way for a forensic probe of the apex bank.

The group stated that after many weeks of waiting, they are now left with no option but to take the patriotic step of launching a legal action to help save the economy from Emefiele’s mismanagement.

SSAT intends to secure an order for the NFIU, DSS, Financial Reporting Council of Nigeria (FRCN), and the CBN board to investigate the Bank, Emefiele, his top management staff and personal aides who are allegedly part of the problem the Nigerian economy is facing.

The group said that there is no way the alleged rots in mismanagement, financial recklessness and corruption that have allegedly happened under Emefiele can be exposed when Emefiele is still presiding, hence the need for the legal action and an injunctive order to restrain and suspend him from office while investigations and deep audit is carried out by the relevant security agencies to help unearth the sleaze that might have been perpetrated in the bank.

The group urged Nigerians going through challenges at the moment not to lose hope as they will get needed judgment that will revive the economy.

- Advertisement -spot_img

Latest article