Emefiele refunds N4tr, Lemo $500m, $275m & N1.5tr found with Buhari’s PA - Thepodiummedia

Post published:November 22, 2023
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Former Central Bank of Nigeria [CBN] Governor, Godwin Emefiele, clutching a Bible in Court, July 25, 2023

The former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has reportedly refunded a whopping N4 trillion to the coffers of the Federal Government stolen while he was the at the helm of affairs of the apex bank.

According to a source close to the investigators, besides reportedly returning N4 trillion, Emefiele also allegedly gave up ownership of six banks linked to him.

In a related development, the source revealed that a former CBN Deputy Governor, Tunde Lemo, also reportedly refunded $500 million embezzled taxpayers’ money.

The most shocking of all, however, was the discovery of $275 million in the bank account of a six year old son of Sabiu Yusuf, a.k.a Tunde, a Personal Assistant to former President Muhammadu Buhari.

Also discovered was another N1.5 trillion in the personal account of the former Personal assistant to former President Buhari.

President Muhammadu Buhari and Sabiu "Tunde" Yusuf — President Muhammadu Buhari with Sabiu “Tunde” Yusuf

The source said: “The Special Investigator, Jim Osayande Obazee and his committee, allegedly discovered $275 million in an account in a new generation bank belonging to six years old son of Sabiu Yusuf.

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“Another N1.5 trillion also allegedly traced to Yusuf, a very influential member of the former President Mohammadu Buhari’s Govt.

“President Bola Ahmed Tinubu is currently negotiating, using some influential Nigerians on how to refund the funds without being exposed.

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“Only recently, National Security Adviser, NSA, Nuhu Ribadu, lamented that the current administration inherited a bankrupt country from the Buhari’s government due to the large scale looting that occurred then.”

It could be recalled that Tinubu employed the services of Mr. Obazee, a Special Investigator, to investigate the activities of CBN under Emefiele and related entities.

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So far, Obazee has recovered over N12 trillion looted mostly by members of the former President Buhari’s administration.

The source also claimed that the committee has also rejected several millions of Dollars in bribe offers from former members of the Buhari’s Government to avoid being arrested and exposed.

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Morak Babajide-Alabi is a graduate of Mass Communication with a Master of Arts Degree in Journalism from Napier University, Edinburgh, United Kingdom. He is an experienced Social Media practitioner with a strong passion for connecting with customers of brands.

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He started his brand management career at Owena Bank as Media Relations Manager before joining Prudent Bank (now Polaris Bank) as the pioneer Head of Corporate Affairs.

The British Council appointed him as Head of Communication and Marketing to co-ordinate branding and reputation management activities at its Lagos, Abuja, Kano and Port Harcourt offices.

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