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‘Missing N500Bn’: Frank Urges Senate To Probe Emefiele

A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, has called on the Nigerian Senate to withhold the confirmation of Godwin Emefiele for the second term as the governor of the Central Bank of Nigeria (CBN)

Frank gave the call in a statement published on Sunday while reacting to a leaked audio exposing an alleged missing N500 billion under Emefiele’s watch.

He said Emefiele should be probed to find how the money disappeared from the treasury.

Frank said: “Emefiele must come clean on this audio as well as other issues as it bothers on alleged corrupt practices under his watch.”

“I am happy with the dispatch with which the CBN responded to the leaked audio conversation. However, I did not expect anything less than the denial, let the relevant agencies of government, as well as the National Assembly, investigate these allegations with great depth.”

“If the CBN is saying the beginning part of the conversation was omitted, can they provide Nigerians with the full and authentic audio conversation in the interest of transparency and good governance?”

“I implore the CBN governor to defend these allegations by himself as he remains a public servant and therefore answerable to the Nigerian people. Anything short of this will amount to covering up.

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“I hereby call on the Senate to stand for Nigeria as they have always done. The Senate must not play with the mandate of Nigerians by attempting to confirm Emefiele in the face of this damning allegations. Any attempt to do that will amount to the Senate being complicit on the matter.

“However, having stood firm in the non-confirmation of Ibrahim Magu of the Economic and Financial Crimes Commission (EFCC), based on the report from a security agency, I have no doubt that the Senate will do the right thing in this instance.

“I also call on the EFCC to quickly act on these revelations as they have done in the case of Saraki, the president of the Senate by inviting Emefiele to explain his role in the leaked audio


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