President Bola Tinubu has finally addressed the suspension and subsequent apprehension of former Central Bank of Nigeria (CBN) governor Godwin Emefiele.
On June 9, Tinubu suspended Emefiele to facilitate an investigation into various allegations leveled against the former CBN governor.
Following his suspension, Emefiele was arrested in Lagos State and transported to the Federal Capital Territory, Abuja, by the Department of State Services for interrogation.
In Friday’s discussion with Nigerians residing in France and neighboring countries, Tinubu commented on the entire situation, stating that the financial system was corrupted during Emefiele’s tenure.
The President disclosed that many individuals living abroad faced difficulties sending money to their parents and relatives due to multiple exchange rates. However, Tinubu affirmed that such challenges were now a thing of the past.
He stated, “Back then, the financial system was corrupted. Only a few individuals amassed significant wealth while depriving our less fortunate parents of the financial support they deserved. There were numerous loopholes. But that era is over. It’s gone.”
Tinubu assured the audience that Emefiele was in the custody of the authorities and appropriate actions were being taken to address the matter. He expressed confidence that the involved parties would resolve their differences accordingly.