Mr. Jim Osayande Obazee, the former CEO of the Financial Reporting Council of Nigeria, who President Bola Ahmed Tinubu named as Special Investigator of the Central Bank of Nigeria and related entities on Friday has a detailed and comprehensive dossier on the suspended Central Bank Governor Godwin Emefiele, QUEST TIMES can report.

Authoritative sources said over the weekend that Obazee who was removed in controversial circumstances in 2017 by then President Muhammadu Buhari had presented a shocking series of information on how Emefiele ran the monetary policies of the country in the last 9 years to President Tinubu.

Obazee presented the dossier to Tinubu even before Emefiele was suspended but the President only recently decided to tap Obazee for the job of unraveling what had been going on at the CBN after realizing that the DSS might not be the most effective government agency to investigate Emefiele. DSS has held Emefiele for over a month and came up last week with an arraignment in court where he was charged on Firearms charges that has nothing to do with his role as CBN Governor.

But there were questions in government circles already whether Obazee would have the institutional backing to investigate the CBN and its suspended Governor since Obazee is no longer in charge of the Financial Reporting Council of Nigeria.

While the President has wide executive powers to make the appointment, watchers of government business say investigative powers of the Federal Government is better managed through the office of the Attorney-General of the Federation, the EFCC, ICPC, the Police or other legally designated government agencies including the Financial Reporting Council of Nigeria.

But there is also a confusion over President Bola Tinubu’s letter appointing Obazee as Special Investigator. This is because the letter personally signed by the President on Friday July 28, 2023 appointing Obazee refers to him as Chief Executive Officer of the Financial Reporting Council of Nigeria.

The problem is Obazee had been removed from that office since January 2017 by President Muhammadu Buhari but Tinubu’s letter still referenced him as the CEO of the FRN more than 6 years after he had been removed.

An Aso Villa source told QUEST TIMES Sunday night that this might be carelessness of secretarial aides in the Office of the President indicating that the letter at least ought to have indicated that Obazee is a former CEO not to suggest he is still in the office.

But another observer indicated that it is just as possible that Tinubu may not even be aware that Obazee is referred to in the letter as CEO of the Financial Reporting Council.

Said another source “whose responsibility is it to have alerted the President that Obazee is no longer in that office?”

Source:

https://thequesttimes.com/exclusive-why-tinubu-appointed-fg-official-sacked-by-buhari-to-probe-cbn/

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Werin concern us. Just give us palle'

Obazee presented the dossier to Tinubu even before Emefiele was suspended but the President only recently decided to tap Obazee for the job of unraveling what had been going on at the CBN after realizing that the DSS might not be the most effective government agency to investigate Emefiele. DSS has held Emefiele for over a month and came up last week with an arraignment in court where he was charged on Firearms charges that has nothing to do with his role as CBN Governor.
Mr Emefiele made enemies with someone like this shows he was a poor student of power. The man Obazee was like the last line of defence for all financial reporting in the country, he was heading such a regulatory agencies that has access to all financial reporting in the land and they got him fired because he exposed them.smh.

To 'deal' with men like Mr Obazee, make sure you are above board. If not, ehn, you will go down alone because they will never allow you put their heads on a spike.

I am really looking forward to the exposition on how Emefiele managed (or is it mismanaged) CBN.

I agree that DSS may lack the human resources to investigate the possible professional malfeasance and the head of a regulatory body like Mr Obazee with his expertise, will do a better job that will further help the job of DSS prosecuting Mr Emefiele.

I think Emefiele really pissed Tinubu off and it's beyond what we are seeing.

I think it's time they stopped giving him this attention, they are making a hero out of him.

FreeStuffsNG:
Obazee presented the dossier to Tinubu even before Emefiele was suspended but the President only recently decided to tap Obazee for the job of unraveling what had been going on at the CBN after realizing that the DSS might not be the most effective government agency to investigate Emefiele. DSS has held Emefiele for over a month and came up last week with an arraignment in court where he was charged on Firearms charges that has nothing to do with his role as CBN Governor.
Mr Emefiele made enemies with someone like this shows he was a poor student of power. The man Obazee was like the last line of defence for all financial reporting in the country, he was heading such a regulatory agencies that has access to all financial reporting in the land and they got him fired because he exposed them.smh.

To 'deal' with men like Mr Obazee, make sure you are above board. If not, ehn, you will go down alone because they will never allow you put their heads on a spike.

I am really looking forward to the exposition on how Emefiele managed (or is it mismanaged) CBN.

I agree that DSS may lack the human resources to investigate the possible professional malfeasance and the head of a regulatory body like Mr Obazee with his expertise, will do a better job that will further help the job of DSS prosecuting Mr Emefiele.

you cannot prosecute emefiele without involving Buhari his master...
If Tinubu is ready to stop the eye service then he should have Buhari arrested....
Abi you think emefiele will go down alone

Xxxxtentacion2:
you cannot prosecute emefiele without involving Buhari his master...
If Tinubu is ready to stop the eye service then he should have Buhari arrested....
Abi you think emefiele will go down alone

Please don't bother about comments like this you are responding to sir. They are too difficult for you to understand because the actionable basis taken so far when explained to you will be above what your education can comprehend

You are better off in those useless Fulani/Buhari-bashing thread and those low hanging unpatriotic unproductive debates.

FreeStuffsNG:
Please don't bother about comments like this you are responding to sir. They are too difficult for you to understand because the actionable basis taken so far when explained to you will be above what your education can comprehend

first on whose orders was emefiele acting...
Secondly was emefiele working alone abi na only am the thief for Buhari government...
Dey play...
Las las dem go release emefiele abi no be Nigeria again 🙄

50% of decisions are made by the helping hands to those in power and not the leaders themselves, not with their full consent.

That's why the presidency needs a weekly probe and appraisal of decisions.