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Senate discovers 13 infractions in N30trn Ways and Means loan
The Senate ad hoc committee probing the disbursement and
usage of the N30 trillion Ways and Means loan obtained during the
administration of former President Muhammadu Buhari from the Central Bank of
Nigeria, CBN, has discovered 13 infractions in the process of obtaining the
loan.
The chairman of the committee, Senator Isah Jibrin (APC,
Benue East), said former governor of CBN Godwin Emefiele unilaterally signed
billions of naira in the approval of different tranches of the loan without
following due process.
Senator Jibrin mentioned that Emefiele illegally signed
billions of naira in 13 documents.
He disclosed this on Tuesday during an interactive session
with the CBN team led by Bala Bello, one of the deputy governors of the apex
bank.