The Central Bank of Nigeria has acknowledged the receipt of N19.3bn recovered by the Economic and Financial Crimes Commission from the Kogi State salary bailout account domiciled in Sterling Bank. The money was meant for the payment of Kogi State workers, but was alleged to have been, instead, domiciled in an interest yielding account with…The Central Bank of Nigeria has acknowledged the receipt of N19.
According to him, “this effectively puts to rest the campaign of misinformation and unconscionable denials by the Kogi State Government that no fund was recovered from its bail out account.” The commission explained that return of the money to the apex ban is in compliance with the October 15, 2021 Order of a Federal High Court sitting in Ikoyi Lagos directing the unfreezing of the Kogi State Salary Bail-out account to enable Sterling Bank to remit the balance in the account to the CBN.The EFCC had told the court that the management of Sterling Bank Plc, where the account was domiciled had acknowledged the existence of the said account with the staggering sum of N19, 333,333,333.
The EFCC spokesperson observed that the transfer has put paid to any further controversy regarding source and ownership of the funds and most importantly, aborted the funds dissipation.
Clown 🤡
Is annoying going to be prosecuted for this ?
And he's aspiring for presidency...such a pathetic fellow..if u cn hide the money meant for your people then your worst than the current economic situation in Nigeria.
Waiting for realFFK's reaction as usual
No more noise of 2023 President from him.
The man that wants to be president is starving his state workers their salary...and it was even a bail out...Rubbish