PDP demands designation, investigation of Emefiele over alleged fraud by APC

Razaq Bamidele

The major opposition party in Nigeria, Peoples Democratic Party (PDP), has demanded the immediate resignation and prosecution of the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, going by allegations by the ruling All Progressives Congress (APC)
that he superintended over massive looting of funds in the CBN.

A statement from the National Publicity Secretary of the party. Kola Ologbondiyan said the PDP also “calls on the Economic and Financial Crimes Commission (EFCC) to immediately invite Emefiele for questioning over allegations by the National Secretary of the illegal APC National Caretaker Committee, Senator John Akpan Udoedehe, that the CBN governor supervised over the pillaging of the nation’s vaults under his watch.”

the statement further said “Nigerians were shocked when Senator Akpan Udoedehe, on Channels TV programme “Politics Today” of Wednesday, September 15, 2021, revealed
that the CBN governor supervised over the stealing of money in the apex bank, a development for which he must be investigated by the EFCC and if found wanting, prosecuted.”

The party said it has waited for a week for Senator Akpan Udoedehe to recant on his
statement or for Emefiele to repudiate the APC National Secretary, insisting that, “beyond Akpan Udoedehe’s allegation, the tenure of Emefiele as CBN governor under the APC administration has witnessed colossal failures of monetary and fiscal policies, requiring him to vacate the office and hand himself over for investigation.”

The statement wrote further thus:

“It is instructive to note that when Emefiele took office as CBN Governor in 2014 the naira exchanged for N164 to a dollar. Today, in the hands of Emefiele and the APC, the naira has tumbled to near N600 to a dollar, putting the nation’s economy on its knees.

“Painfully, under the leadership of Emefiele, the CBN has failed in its core mandate of managing the economy and took a dive into propaganda, with claims that do not reflect the harsh economic reality on the ground.”

Concluding, “the PDP therefore urged the EFCC not to allow this revelation to be
swept under the carpet as it borders on serious economic sabotage which sanctions are spelt out under our laws.”

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