Tinubu Appoints Special Investigator, Jim Osayande To Probe CBN, Others

This was stated in a letter signed by the President and written to Obazee, the CEO of the Financial Reporting Council of Nigeria (FRCN).

President Bola Tinubu and Jim Osayande
Adoga Stephen By Adoga Stephen - Editor-In-Chief
2 Min Read

President Bola Tinubu has appointed Jim Osayande as a special investigator to look into the Central Bank of Nigeria (CBN) and Related Activities.

This was stated in a letter signed by the President and written to Obazee, the CEO of the Financial Reporting Council of Nigeria (FRCN).

“In accordance with the fundamental objective set forth in Section 15(5) of the Constitution of the Federal Republic of Nigeria 1999 (as amended), this administration is today, continuing the fight against corruption by appointing you as a Special Investigator, to investigate the CBN and Related Entities. This appointment shall be with immediate effect and you are to report directly to my office,” Tinubu’s letter read.

“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).

“You are 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.”

Tinubu also forwarded a copy of his order suspending Godwin Emefiele as the apex bank’s chairman to Obazee.

The news comes as Emefiele is undergoing his trial.

While Emefiele has been in the custody of the Department of State Services (DSS) since his suspension, a judge last week granted him bail. However, he was apprehended again by the secret police.

The Federal Government has filed charges against Emefiele for illegal possession of firearms and ammunition.

However, he has pled not guilty to the accusations.

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Stephen studied Mass Communication at the Lagos State Polytechnic, Ikorodu (now Lagos State University of Science and Technology), where he acquired requisite training for the practice of journalism. He loves the media, and his interest mostly lies in print medium, where his creative writing skill makes him a perfect fit.