N500 Billion Scandal

Godwin Emefiele, Governor of the Central Bank of Nigeria, has once again confirmed the authenticity of a report by SaharaReporters revealing that Emefiele and other top officials of the apex bank connived to conceal the N500 billion-scandal rocking the bank.
SaharaReporters had in May 2019 made public a phone conversation of Emefiele; his deputy, Edward Lametek Adamu; Director for Finance Dayo M. Arowosegbe including one of the Special Advisers to the CBN Governor, Emmanuel Ukeje discussing how to cover up the loss of over N500 billion stolen from the CBN in a private investment that went bust.
Two telephone audio tapes, exclusively obtained by SaharaReporters, revealed how the governor and top officials of the apex bank haggled over plots to conceal the loss of huge sums of monies in a Dubai investment, according to sources at the bank.
The CBN had previously said the audio conversation was genuine but no money was missing from the central bank.