EFCC Investigator Reveals Emefiele’s Aide Received $17.1 Million for Him Over Three Years
In a startling revelation during ongoing corruption investigations, an Economic and Financial Crimes Commission (EFCC) investigator has disclosed that an aide received a total of $17.1 million on behalf of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele over a three-year period.
This disclosure forms part of the commission’s deepening probe into alleged financial improprieties involving senior officials in Nigeria’s financial sector.
The investigator, who spoke during a recent EFCC interrogation session, explained that the payments were made in multiple installments over three years, though the precise purpose of the funds remains unclear.
The EFCC is now intensively investigating the origins and destination of these funds, seeking to establish whether they were linked to any unlawful activities during Emefiele’s tenure at the apex bank.
While the identity of the aide has not been officially revealed, sources within the commission suggest the individual acted as an intermediary to facilitate financial transactions involving the former CBN governor.
The EFCC also indicated that the funds are being scrutinized in connection with other ongoing probes related to financial mismanagement and abuse of office.
The former CBN governor, who served from June 2014 to June 2023, has faced several allegations over his administration, including questions about currency policies and regulatory decisions.
This new development adds another layer to the scrutiny surrounding his stewardship of Nigeria’s monetary policy.
EFCC officials emphasize that the investigation is still at an early stage and that further disclosures will be made as more evidence is gathered.
“We are committed to ensuring transparency and accountability. Anyone found to have engaged in corrupt practices will be prosecuted in accordance with the law,” said a spokesperson for the commission.
Legal analysts believe that this probe could have significant implications for Nigeria’s financial governance, highlighting the need for tighter controls and oversight in public financial management.
Some experts warn that such cases erode public trust in national institutions and call for swift and decisive action by regulatory bodies.
Meanwhile, Emefiele has yet to respond publicly to the latest allegations, and his legal representatives have not issued any statements concerning the EFCC’s claims.
As the investigation unfolds, Nigerians await further developments, hoping the probe will reinforce the nation’s fight against corruption and reinforce integrity in public service.
