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Tinubu thanks special investigator as CBN’s probe is concluded

President Bola Tinubu has thanked Jim Obazee, the Central Bank (CBN) Investigator, for his services, officially closing the months-long investigation.

This was contained in a statement on Friday signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale.

“Subsequent to the conclusion of the assignment and the submission of a final comprehensive report, and with the winding up of all apparatuses used during the scope of the task which terminated on March 31, 2024, the investigation is formally closed,” it read.

Tinubu noted that with the investigations closed, all appropriate law enforcement and regulatory agencies have since begun conducting follow-up action.

It’s A Lie, I did Not Abscond For 10 Years – Mohbad’s Mother0.00 / 0.00

The President commended Obazee for the dedication and professionalism he exercised in handling the complexities of this critical national assignment.

He thanked the CBN’s investigator for answering the call of duty while wishing him success in his future endeavours.

On July 30, 2023, the President appointed Obazee as a special investigator to probe the apex bank and related entities.

In a letter dated July 28, 2023, Tinubu premised Obazee’s appointment on the fundamental objective outlined in Section 15(5) of the Nigerian constitution saying it was in furtherance of his administration’s anti-corruption fight.

The investigation began with immediate effect.

In the eight months of investigations, Obazee was mandated to take immediate steps to ensure the strengthening and probity of key Government Business Entities and block leakages in the CBN and related GBEs.

Tinubu also directed him to provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments (whether private or public).

Obazee was also mandated to investigate the CBN and related entities using a suitably experienced, competent, and capable team and to work with relevant security and anti-corruption agencies to deliver on the assignment.

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