Emefiele Should Be Sacked Over Arms Fund Scandal – Bakare

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The Serving Overseer of the Latter Rain Assembly, Pastor Tunde Bakare, has urged President Muhammadu Buhari to immediately sack the Governor of the Central Bank of Nigeria, Godwin Emefiele, and probe him.

The cleric said it would be unfair and improper to prosecute the immediate past National Security Adviser, Sambo Dasuki, for allegedly misappropriating the money meant for arms while the CBN governor, who released the money to Dasuki, was allowed to remain in office.

He said, “The CBN currently contributes negatively to the Nigerian state in more ways than one. Firstly, the CBN has become a conduit for politicians to drain the nation. Otherwise, how can a letter of barely two paragraphs, addressed to the current CBN Governor, Mr. Godwin Emefiele, by the then NSA, Col. Sambo Dasuki (retd.), become the authority to incur expenditure leading to cash flow of $37m and several million euro?

“In decent climes, the CBN governor cannot continue in office while the NSA is accounting for his alleged offences.”

Bakare added that the CBN must be overhauled while the CBN Act 2007 must be amended, saying it confers too much power on the apex bank and encourages corruption.

He said the Act gives the CBN the power to decide the printing of the naira, the amount to be printed, the currency/dirty notes to be destroyed “of which the CBN staff can take as much dirty notes as they like, and inject it back into the system while keeping all of us in the dark without any checks and balances”.

 

Punch