The Nigerian Senate has moved to dispel rumors surrounding the alleged abandonment of the investigation into the N30 trillion Ways and Means loan secured by the Federal Government from the Central Bank of Nigeria (CBN) under Governor Godwin Emefiele’s leadership.
Senator Isah Jibrin, Chairman of the investigating committee, on Monday, issued a statement refuting these claims. He emphasized that the probe was very much active and reports suggesting otherwise are “entirely false.”
The panel chair stated, “We received some preliminary documents and decided to delve deeper after our interface with the CBN governor, Olayemi Cardoso, the Minister of Finance, some CBN directors, and others. Following leads from our interface, we realized the need for a detailed, step-by-step breakdown of how the money was spent.
