Fresh SCANDAL At CBN: Emefiele In Secret Job 'Bribe' Offer To Atiku, Buhari's Relatives & Allies To Save Job

CBN Governor, Godwin Emefiele

The Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele in a desperate move to save job under the present administration of President Muhammadu Buhari has reportedly bribed top government functionaries and some high-profile politicians with offer of jobs to their sons and daughter, Sahara Reporters says.

Our source said it has obtained a list of at least 91 people tied to influential or highly placed Nigerians who were recently offered juicy appointments by the Central Bank of Nigeria (CBN) in a hiring process that was highly 

The list of beneficiaries of the CBN’s job largesse include a daughter of former Vice President Abubakar Atiku, a son of Mamman Daura, a nephew of President Muhammadu Buhari and one of the closest members of the president’s inner circle, a son of the Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, a daughter of former Speaker of the House of Representatives, Ghali Na’aba,  also daughter of of the Inspector General of Police, Solomon Arase, a niece of the Minister of Internal Affairs, Abdurahman Danbazzau and at least 86 others.

The highly controversial recruitment, seen as peddling of influence, first came to light a few weeks ago, but SaharaReporters just exclusively obtained the names of the beneficiaries. 

The leaking of the irregular hires by the CBN caused significant embarrassment for the government and the bank. The CBN’s Director of Human Resources, Chizoba Mojekwu, was reportedly redeployed as the bank’s Director of Capacity Development and IT after CBN Governor, Godwin Emefiele, accused her of being behind the leaking of the list.

However, a top official of the CBN told our correspondent that Mr. Emefiele had arranged the hiring of relatives of top party leaders and powerful government officials as a strategy for saving his job.

Even though the list obtained by SaharaReporters has 91 names, our sources at the CBN disclosed that the CBN Governor had started the practice of using job offers to woo top government officials since Mr. Buhari came into power on May 29, 2015. One source revealed that, in September 2015, Mr. Emefiele had hired Claire Arase, a daughter of Nigeria’s Inspector General of Police, Solomon Arase. 

SaharaReporters learnt that the CBN often went to great lengths, including tweaking the names of recruits, in order to hide the identities of beneficiaries of politically motivated recruitment. Often the CBN used the beneficiaries’ first names and their father’s middle names to hide their real identities. For instance, the bank listed Maryam Atiku as “Maryam Abubakar.” In another case, the bank entered the name of the son of Nigeria’s Minister of Interior, Abdulrahman Dambazau, as “Nagode Abdulrahman.” In other instances, the bank used the maiden names of hired persons instead of their married names.

The recruitments are deemed irregular because the CBN failed to advertise the vacancies in order to allow opportunities to all qualified Nigerians to apply for the jobs. In addition, the bank’s “political” recruitments did not follow principles of federal character set out for employment by government agencies and other public institutions. “Jobs were just handed to the children of ministers in the current administration,” one bank official stated. The source added that many of the new hires were asked to pick their department of choice after their irregular employment was concluded.

Below is the full list of 91 people illegally hired by the CBN:

1. BIOLA OLOGBURO ADENIRAN 2. ABBA MUSTAPHA SHETTIMA 3. ABDUL-HAKEEM MOHAMMED ALI 4. ABDULLAHI MOHAMMED NURADEEN 5. ABDULMALIK ATTA 6. ABDULNASIR HARUNA 7. ABUBAKAR MOHAMMED YAHAYA 8. ADEFELA H. ADEJUWON 9. ADUWAK LARABA 10. AHMAD AMINU 11. AHMED AMINU-KANO 12. AHMED ZAINAB SHEHU 13. AINA MICHAEL O 14. AKINWUNMI AYODEJI AKINTOLA 15. ALEXANDAR CHUKWUKA OKAKWU 16. ALIYU AISHA YAKUBU 17. AMINU AHMADU DAUDA 18. AMINU HALIMAT SADIA ABDULLAHI 19. ASUZU OBIOMA C 20. AYOOLA B OYEBANJO 21. AYOOLA OLUWABUKOLA 22. BABAYO ABDULHAKEEM ABDULLAHI 23. CARPENTER BARKA MUHAMMAD 24. DAHIRU ISA ABBA 25. EJIKE EMMANUEL IBE

26. EKAYI NYOFO SHITTA 27. ESSIEN INNOCENT JOSHUA 28. ETHEL ISIOMA OJIJE 29. FARIDA ZUHAIR 30. FATIMA BABA SHEHU 31. FATIMA IMAM 32. HAJARA SANI 33. HANAFI ABUBAKAR MUJELI 34. HASSAN USMAN 35. IBEH NNADOZIE NATHANIEL 36. IBIRONKE IFEOLUWA ADETUNBI 37. IBRAHIM AHMED LAWAN 38. IBRAHIM KABIR TIJJANI 39. IBRAHIM MUHAMMED KABIR 40. IBRAHIM USMAN 41. IDIGO IFEANYI CHARLES 42. IHEOMAMERE CHIKEZIE CHIKWENDU 43. IKYEMBE TERSEEL IKYEMBE 44. JAMES ELIZABETH EDIDIONG 45. JIBRIL ABDULLAHI IBRAHIM 46. JOEL UGOCHUKWU JONES 47. JOHN IRIMIYA BALEWA 48. KAMALUDDEN TUKUR TAFIDA 49. LORETTA LAOYE 50. MARYAM ABUBAKAR

51. MARYAM ADAMU BADAMASI 52. MBWIDUFFU IBRAHIM AUTA 53. MOHAMMAD AHMAD ADAMU 54. MOHAMMED ALI 55. MOHAMMED AMEER IBRAHIM BUNU 56. MUHAMMAD ISAH RUMU 57. MUHAMMAD MUHAMMAD MAGASA 58. MUHAMMED HASSAN 59. MUSA IBRAHIM 60. MUSTAPHA MARIAM BUKOLA 61. NA'ABBA FATIMA GHALI 62. NAGODE ABDULRAHMAN 63. NASREEN MAMMAN-DAURA 64. ODELOLA OYEKUNLE ISIMENME 65. OKOCHA UZOMA MESHARK 66. OLAJIDE TOLANI KUDIRAT 67. OLAWUNMI ADEDOYIN KAYODE 68. OMITOKUN OMOLOLA TEMITOPE 69. OMOILE KINGSLEY UCHEKA 70. ONOJA UWANE JESSICA 71. ORUCHE CHUKWUDUBEM GODWIN 72. OWOADE ADEDAMOLA KAZEEM 73. PRINCEWILL EVA 74. RABIU MUSA MBULO 75. SADIK UBA SULE

76. SADIQ INUWA BABA 77. SALAMI BASHIRAT OMOLOLA 78. SAMAILA SHEHU 79. SHIMA KUMA 80. SOLOMON EZRA MONDE 81. SUNDAY JOHN MOMOH 82. TASLIM GANIYU OLALEKAN 83. TEMITOPE ADEOLA ODUNOWO 84. TITILAYO TOLA OLOWONIYI 85. UKUTE PATRICK EWERE 86. USMAN BUBA JALO 87. YAHAYA SANI 88. YAKUB UMAR YAKUB 89. YAMANI SANUSI 90. YINUSA BILIKIS OREKULEYIN 91. YISA DANIEL NMA

Source: Sahara reporters

Scammers Dupe CBN $441,000; You'll Be Shocked How Cheap

The Central Bank of Nigeria, CBN has been duped to the tune of $441,000 by some highly sophisticated scammer, ThisDay reported.

According to our source, the fraud, which the Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele was embarrassed by the cheap manner at which the fraud was perpetrated, has since suspended the Deputy Governor of Nigeria's apex bank, Joseph Nnanna and four other Director of the bank.

The Governor frowned at manner at which Deputy Governor and the directors responded to some spam emails without first cross-checking the authenticity of the mails and following CBN stringent payment process before authorising the release of funds when the governor and several senior officials of the bank were on a flight to China last month.

News Punch gathered that a total sum $441,000 was initially lost to the scammers. $251,000 was however blocked and recovered, leaving a balance of $190,000, which had already been cashed by the fraudsters.

RELATED NEWS: CBN Deputy Governor, 4 Others SUSPENDED, You'll Be Shocked Why

Two of the scammers were however caught in Dubai, United Arab Emirate and are currently being questioned by investigators.

From their modus operandi, the scammers apparently timed the execution of the fraud to take place when the CBN governor and other deputy governors were out of the country.

Emefiele was said to have wielded the big stick by suspending the affected top officials because the CBN has laid-down procedures for the release of funds, none of which was followed in this particular case.
Sources within the bank said following the incident, the governor had warned that henceforth any such infraction would be summarily dealt with.

A statement posted on CBN website only stated that the bank had uncovered and aborted fraud without giving details.

The four-paragraph CBN statement signed by the Ag. Director, Corporate Communications, Isaac Okoroafor, and titled, ‘CBN Uncovers and Aborts Fraud,’ reads: “A highly sophisticated plot to defraud the Central Bank of Nigeria (CBN) by some criminal minded elements has been uncovered and aborted by the bank.

“Although preliminary investigations so far have not revealed any accomplices within the CBN, management has decided to place all key personnel involved in the transaction on suspension. “This is to ensure a full and unfettered investigation.

“This incidence has been reported to relevant authorities. The CBN wishes to assure the general public that the security of the bank remains intact.”

Hackers have been on the prowl lately breaching accounts of banks around the world. Recently, hackers breached Bangladesh Bank’s systems and attempted to steal nearly $1 billion from its account at the Federal Reserve Bank of New York. Though a typo error by the hackers aborted their $1billion heist, they, however netted more than $80 million before the cyber heist was uncovered.

The hackers appeared to have stolen Bangladesh Bank’s credentials for the SWIFT messaging system, which banks around the world use for secure financial communication.

They then bombarded the Federal Reserve Bank of New York with about three dozen requests to move money from the Bangladesh Bank’s account there to entities in the Philippines and Sri Lanka.
Four requests to transfer a total of about $81 million to the Philippines went through, but a fifth, for $20 million, to a Sri Lankan non-profit organisation was held up because the hackers misspelled the name of the NGO, Shalika Foundation, prompting a routing bank, Deutsche Bank, to seek clarification from the Bangladesh central bank, which stopped the transaction.

Source: News Punch, ThisDay Newspaper

CBN Deputy Governor, 4 Others SUSPENDED, You'll Be Shocked Why

ThisDay Newspaper - In a hard-line decision, a deputy governor of Central Bank of Nigeria and four deputy directors have been suspended by the apex bank Governor, Mr. Godwin Emefiele, for failing to follow financial regulations and due process, leading to the scamming of the bank by fraudsters.

THISDAY gathered last night that the suspended Deputy Governor, Financial System Surveillance, Joseph Nnanna, responded to some spam emails without first cross-checking the authenticity of the mails and following CBN stringent payment process before authorising the release of funds when the governor and several senior officials of the bank were on a flight to China last month.

The names of the affected deputy directors could not be ascertained but they include the deputy director in charge of payment, the deputy director trade and exchange department, and the deputy director in the office of the governor, who heeded Nnanna’s directive to pay when they themselves ought to know CBN’s payment due process.

THISDAY gathered that $441,000 was initially lost to the scammers. $251,000 was however blocked and recovered, leaving a balance of $190,000, which had already been cashed by the fraudsters.

Two of the scammers were however caught in Dubai, United Arab Emirate and are currently being questioned by investigators.
From their modus operandi, the scammers apparently timed the execution of the fraud to take place when the CBN governor and other deputy governors were out of the country.

Emefiele was said to have wielded the big stick by suspending the affected top officials because the CBN has laid-down procedures for the release of funds, none of which was followed in this particular case.
Sources within the bank said following the incident, the governor had warned that henceforth any such infraction would be summarily dealt with.

A statement posted on CBN website only stated that the bank had uncovered and aborted fraud without giving details.

The four-paragraph CBN statement signed by the Ag. Director, Corporate Communications, Isaac Okoroafor, and titled, ‘CBN Uncovers and Aborts Fraud,’ reads: “A highly sophisticated plot to defraud the Central Bank of Nigeria (CBN) by some criminal minded elements has been uncovered and aborted by the bank.

“Although preliminary investigations so far have not revealed any accomplices within the CBN, management has decided to place all key personnel involved in the transaction on suspension. “This is to ensure a full and unfettered investigation.
“This incidence has been reported to relevant authorities. The CBN wishes to assure the general public that the security of the bank remains intact.”

Hackers have been on the prowl lately breaching accounts of banks around the world. Recently, hackers breached Bangladesh Bank’s systems and attempted to steal nearly $1 billion from its account at the Federal Reserve Bank of New York. Though a typo error by the hackers aborted their $1billion heist, they however netted more than $80 million before the cyber heist was uncovered.
The hackers appeared to have stolen Bangladesh Bank’s credentials for the SWIFT messaging system, which banks around the world use for secure financial communication.

They then bombarded the Federal Reserve Bank of New York with about three dozen requests to move money from the Bangladesh Bank’s account there to entities in the Philippines and Sri Lanka.
Four requests to transfer a total of about $81 million to the Philippines went through, but a fifth, for $20 million, to a Sri Lankan non-profit organisation was held up because the hackers misspelled the name of the NGO, Shalika Foundation, prompting a routing bank, Deutsche Bank, to seek clarification from the Bangladesh central bank, which stopped the transaction.

CBN Exposes 'Cabals' Behind Naira's Free Fall, Discovers $20b Idle In Domiciliary Accounts

The CBN Governor, Godwin Emefiele

The Central Bank of Nigeria (CBN) yesterday shocked Nigerians when it blamed the continuous fall of naira in the foreign exchange market on moneybags in the country. The apex bank alleged that these moneybags are using about $20 billion in different domiciliary accounts to run the naira ground in the market.

The apex bank said that the monies, which were lying idle in the various accounts, were not being projected for any investment purposes by their owners, but subtly being used to weaken the value of the naira and invariably increasing the value of the idle dollars.

CBN’s Deputy Governor (Financial System Surveillance), Dr. Joseph Nnanna, made the revelation at an interactive session between the Ministries of Budget and National Planning, and Finance, CBN, Accountant General’s Office and major stakeholders on the 2016 budget.

He said some privileged Nigerians were the masterminds of the consistent slide in the value of the naira, since according to him; they have been embarking on dollar speculation to the detriment of the Naira.

He, however, said the passage of the 2016 budget would put a stop to the unrestrained drop in naira value, as according to him, the CBN would embark on aggressive liquidity mopup to enable the currency regain confidence. “The CBN will not sit down and watch the consistent fall of the naira. After the passage of the 2016 Budget, naira will begin to bounce back. Those who speculate on dollars will have their fingers burnt,” he vowed.