Whistle-blower lands in trouble for accusing Emefiele of N232bn fraud

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George Uboh, the whistle-blower who accused the Governor of the Central Bank of Nigeria, Godwin Emefiele, of N232bn is now answering charges for defamation at the FCT High Court, Abuja,.

One of the counts read, “That you George Ubom ‘m’ on or about the 12th day of May, 2019, within the jurisdiction of this honourable court, did give information which you know or believe to be false that Mr Godwin Emefiele, governor of Central Bank of Nigeria under-declared or under-remitted the sum (of) N232bn ($760b) (sic) exchange gains by CBN which accrued from Bureau de Change to Federation Account in 2017; your action is capable of tarnishing the image of the governor of Central Bank of Nigeria and you thereby committed an offence punishable under Section 140(B) of the Penal Code.”

Emefiele had in a leaked audio clip published in May claimed N500bn was missing.

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Published on Sahara Reporters, the clip had Emefiele, his Deputy, Edward Adamu; the Director for Finance, Dayo Arowosegbe; and one of the special advisers to the CBN governor, Emmanuel Ukeje, discussing how to cover up the loss of over N500bn stolen from the CBN in a private investment that had failed.

Emefiele could be heard saying the Ministry of Finance, as well as the National Assembly, must not know about the development.

In one of the audios, N2bn was also said to have been earmarked for the Economic and Financial Crimes Commission for no clear reason.

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