CBN backs mass sack in banks – EFCC begins takeover of Akingbola’s properties – Tribune
January 6, 2010 by Bunmi Awolusi · Comments Off
The Central Bank of Nigeria (CBN), on Tuesday, backed the ongoing mass sack by the banks, saying that it was not limited to Nigeria alone and should not be politicised.
Besides, the governor of the CBN, Mallam Sanusi Lamido Sanusi, who briefed journalists on the outcome of the CBN Monetary Policy Committee Meeting held between Monday and Tuesday, said the N620 billion bailout given to banks during the economic crisis was not intended to retain the workers by the banks, as believed by many Nigerians.
America encourages Nigeria’s looting – Waziri – Daily Trust
November 6, 2009 by Bunmi Awolusi · Comments Off
Chairman of the Economic and Financial Crimes Commission (EFCC) Mrs. Farida Waziri has accused America of “creating a safe haven for looted funds.”
Mrs. Waziri said in a chat with the business community during her recent visit to the country that she queried them for not investigating the sources of these monies before permitting investment.
