By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
News

I Won’t Honour Your Invitation Over Investigation On N13bn Ikoyi Cash – Emefiele tells Reps

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2017/05/18
2 Min Read
Share
SHARE

Sequel to his invitation by the House of Representatives Committee On National Security and Intelligence to testify in the ongoing investigation into the $43.4m (N13bn) recovered by the Economic and Financial Crimes Commission, EFCC, from an apartment at Osborne Towers, Ikoyi, Lagos, the Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has said he won’t appear before the committee.

The Committee is chaired by Hon. Aminu Sani-Jaji.

The committee had thrice summoned Emefiele; the suspended Director General of the National Intelligence Agency, Dr. Ayo Oke; the Acting Chairman of the EFCC, Mr. Ibrahim Magu; and the National Security Adviser, Maj.-Gen. Babagana Monguno (retd.) to testify.

The third sitting of the committee was Wednesday (yesterday).

But, like in two previous occasions, all the officials shunned the committee on Wednesday.

However, Emefiele wrote the lawmakers to say that he did not think it was appropriate for him to come because he would be in breach of the National Security Agencies Act.

In the letter, which was read out to members by Sani-Jaji, the CBN governor argued that the Act prohibited the disclosure of security information publicly.

He noted that security information was ‘classified information’, which the law barred him from releasing to the public.

The CBN governor further argued that a committee chaired by the Acting President, Prof. Yemi Osinbajo, had already investigated the cash recovery.

But the lawmakers were enraged and berated Emefiele for acting like ‘someone who lacks the capacity to differentiate between a legislature and the executive arm of government’.

Sani-Jaji stated, “This CBN governor doesn’t even know that there is something called separation of powers.”

TAGGED:EmefieleIkoyi CashReps
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
Previous Article I Don’t Care About World Record, I Just Needed to Prove Critics Wrong – Femi Kuti Opens Up
Next Article BREAKING! Nollywood Actress, Moji Olaiya Is Dead

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow

You Might Also Like

News

Tinubu Lauds $1.26B Dubai Funding for Lagos–Calabar Coastal Highway

By
Adamu Abubakar Isa
2 Min Read
News

Armed Attack In Niger Church Claims Lives Of Couple Amid Rising Jihadist Violence

By
Oluwadara Akingbohungbe
2 Min Read
News

Two Dead As Search And Rescue Continues After Major Fire At Lagos Island High-Rise Market Plaza

By
Oluwadara Akingbohungbe
5 Min Read
Okay NewsOkay News
Follow US
2025 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up