Categories: FinanceNews

Panic in CBN, NIRSAL, as Tinubu’s Special Investigator, Jim Obazee Swings to Action.

Indications are that tensions are rising within the management of the Central Bank of Nigeria (CBN) and the Nigerian Incentive Risk Based Risk Sharing System for Agricultural Lending (NIRSAL), as President Bola Tinubu’s Special Investigator, Jim Obazee, has swung into action.

Recall that the president had appointed Jim Obazee as a Special Investigator to probe the activities of the CBN and other related entities.

Tinubu, in the letter dated July 28, said the appointment of Obazee, was based on the fundamental objective outlined in Section 15(5) of the Nigerian Constitution and was in furtherance of his administration’s anti-corruption fight.

VOP News gathered that Obazee, who is to report directly to the president in a letter dated. August 18, addressed to the Inspector General of Police (IGP), had requested the deployment of four senior officers to his office to assist in the smooth take-off and execution of his task.

The team, which is headed by DCP Eloho Edwin Okpoziakpo, is already sending jitters down the spines of the top management staff of the CBN and NIRSAL, as the team has commenced its preliminary intelligence.

Among other intelligence DCP Eloho and his team are said to have developed is that on NIRSAL and the Anchor Borrowers Programme, which have over the years been at the centre of investigations.

It would be recounted that recently, President Tinubu recently gave a marching order that all funds allocated to these agricultural programmes be recovered.

investigators are also set to unravel how the Anchor Borrowers Funds were being kept as fixed deposits by parties close to the embattled CBN governor.

The source disclosed some of the individuals involved in the fixed deposits (names withheld) are currently in panic mode.

VOP News learned that an aide of the former CBN governor is said to have operated a total of 61 bank accounts that included 44 fixed deposit accounts and 2 treasury bills accounts.

VOP Lagos

Recent Posts

Bail Revoked: Malami Family Back in Custody Over Alleged Money Laundering

A Federal High Court has revoked the bail earlier granted to former Attorney-General of the…

7 hours ago

Forensic Experts Recover 105 Bodies from Yelwata Mass Graves as Probe into June 2025 Attack

Forensic specialists have recovered 105 bodies from mass graves in Yelwata, marking a significant development…

8 hours ago

Supreme Council for Sharia in Nigeria Rejects Foreign Pressure Over Islamic Law

The Supreme Council for Sharia in Nigeria (SCSN) has firmly dismissed reported calls by some…

8 hours ago

Adamawa Governor Fintiri Leads Mass Defection to APC

Ahmadu Umaru Fintiri, the Governor of Adamawa State, has officially left the Peoples Democratic Party…

13 hours ago

Worker Killed as Soldiers Clash With Government Enforcement Team in Ogun State

Tragedy struck in Ogun State after a worker attached to the state’s planning authority was…

14 hours ago

Abaribe, Natasha, Ireti Snubbed as Tinubu Hosts Iftar at Aso Villa

President Bola Tinubu hosted a select group of senators for an Iftar dinner at the…

1 day ago