Past CBN governors should be probed for unrecovered loans – Falana

Human rights lawyer, Femi Falana has urged the Federal Government to investigate loans allegedly given to commercial banks by former governors of the Central Bank of Nigeria.

Falana spoke at a dinner organised by the executives of the Senior Staff Club of the University of Ibadan in honour of members recently appointed by the Federal Government.

He said the loans were given between 2006 and 2011 and were not recovered.

Falana said he will apply for an order of Mandamus to compel the Economic and Financial Crimes Commission to investigate and prosecute those involved.

“We cannot be claiming to be broke when money given out as loans or deposits are not accounted for. The EFCC must probe, recover the funds and prosecute anybody found culpable,” he said.

Recall that Falana had earlier accused former CBN governor, Charles Soludo of giving out $7bn to 14 banks and Sanusi Lamido of doling out $5bn to banks too.

Leave a reply

Your email address will not be published.

cool good eh love2 cute confused notgood numb disgusting fail