$43million: CBN denies Knowledge of discovered loot

The Central Bank of Nigeria (CBN) has distanced itself from the $43million, that was discovered in an apartment in the Osborne Towers, Ikoyi.

Spokesperson of the apex bank, Isaac Okorafor, insisted that they did not know the source of the money.

He also explained that the CBN issues serial currencies to banks, who were then free to give such currencies to their clients.


“I do not know the source of the money; we (CBN) only issue currencies to banks which then transmit the currencies to their customers,” Okorafor told The Nation.

Last Wednesday, operatives of the Economic and Financial Crimes Commission (EFCC), stormed the house and found $43,449,947, £27,800 and N23,218,000 stacked inside a fireproof safe.

Ever since, there has been controversy over the owner of the cash. Rivers State Governor, Nyesom Wike, claimed that his predecessor Rotimi Amaechi, took the money from the state’s coffers and gave the Federal Government seven days to return it of face legal action.

Amaechi has denied being the owner and has gone ahead to sue former Aviation Minister, Femi Fani-Kayode and Governor Ayodele Fayose’s aide, Lere Olayinka.