A leaked memo from President Bola Ahmed Tinubu dated November 29, 2023, obtained by IgbereTV, reveals his directive to the Jim Obazee-led committee to expedite their investigation and submit the final report no later than Friday, December 1, 2023.
President Tinubu had appointed Obazee as a Special Investigator in July 2023 to scrutinize the activities of the Central Bank of Nigeria (CBN).
Tinubu cited Section 15(5) of the Nigerian constitution as the basis for Obazee’s appointment, emphasizing its alignment with his administration’s anti-corruption agenda.
Obazee was also mandated to report directly to the president.
The letter from President Tinubu emphasized the urgency of finalizing the investigation within the given timeframe.
Recall that Daily Nigerian had reported that despite the committee’s disbandment, Obazee has continued its duties in what appears to be an unconstitutional manner, well beyond the specified date for concluding its work.
In the letter titled: ‘Expeditious conclusion of the Special Investigation into the Operations of the Central Bank of Nigeria’, the President stated:’
“Sequel to your appointment in July 2023, as Special Investigator to investigate the Central Bank of Nigeria and Related Entities, I have taken note of your efforts and appreciate your dedication.
“I am confident in the impartiality and thoroughness of your investigation. I thank you for upholding the principles that underpin our nation’s financial system.
“However, there is need to conclude this investigation expeditiously to enable the leadership of the Central Bank carry on its vibrant reforms.
“The findings of this inquiry will not only contribute to the immediate corrective actions needed but will also provide invaluable insights for enhancing the Bank’s operations and corporate governance.
“You are, therefore, required to submit your final report to be on or before Friday, December 1, 2023, for consideration and implementation.
“I trust that the conclusion of this investigation will pave the way for robust and effective Central Bank, aligning with our shared vision for economic stability and growth.”
