Monday 26 February 2024

Memo Shows Tinubu Disbanded Jim Obazee-Committee In December


News Direct has obtained a leaked memo President Bola Ahmed Tinubu wrote on November 29 2023, directing the Jim Obazee-led committee to conclude their investigation and submit the final report on or before Friday, December 1, 2023.

President Tinubu appointed Obazee as a Special Investigator to probe the activities of the Central Bank of Nigeria (CBN) in July 2023.

At the time, Tinubu said the appointment of Obazee, relying on the fundamental objective outlined in Section 15(5) of the Nigerian constitution, was in furtherance of his administration’s anti-corruption fight.

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.”

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