Nigerian News

If Emefiele were in China, he would face firing squad – Bayo Onanuga

The Presidency has said that Godwin Emefiele, the immediate past Governor of the Central Bank of Nigeria, (CBN) would have faced a firing squad for his crimes if he were a public official in China.

Special Adviser to the president on Information and Strategy, Bayo Onanuga, stated this on Friday through his official Twitter account.

He said Emefiele, who is currently in detention, alongside ‘his gangs’ committed egregious misappropriation that would not be allowed in China.

Onanuga was reacting to the Special Investigation on CBN and Related Entities, Chargeable Offences report. Jim Obazee’s report indicted Emefiele of misappropriating funds while he was CBN governor.

The report claimed that the former CBN governor opened bank accounts without the approval of the apex bank’s Board of Directors and Investment Committee.

According to the report, Emefiele illegally lodged billions of naira in about 593 bank accounts in the United States, United Kingdom, and China.

Obazee disclosed that Emefiele deposited £543,482,213 in fixed deposits in UK banks alone without authorisation

Reacting, Onanuga wrote: “If Godwin Emefiele and his gang had committed these egregious misappropriations in China, they will by now be facing the firing squad for high treason.”

Onanuga Emefiele China