Shehu Sani Condemns Appointment of Special Investigator to Probe CBN

Shehu Sani Condemns Appointment of Special Investigator to Probe CBN

Former Kaduna Central lawmaker, Shehu Sani, has expressed his disapproval of the recent appointment of a special investigator tasked with probing the Central Bank of Nigeria (CBN).

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The appointment was made by President Bola Tinubu, who cited the Nigerian constitution’s anti-corruption objectives as the basis for this decision.

However, Sani believes that this approach may not be the most effective and impartial way to conduct such an investigation.

A Singular Appointment Raises Concerns

President Bola Tinubu’s appointment of Jim Obazee as the sole special investigator to examine the activities of the CBN and related entities has sparked criticism.

In a letter dated 28th July, Tinubu defended his choice, emphasizing that it aligns with his administration’s commitment to fighting corruption.

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Nevertheless, concerns have been raised about the potential vulnerabilities and limitations of relying on a single individual for such a crucial task.

Sani’s Twitter Response

Shehu Sani took to Twitter to voice his skepticism about the effectiveness of appointing just one person to investigate the CBN.

He argued that such an approach leaves the investigator susceptible to threats and manipulation.

The stakes are high, and Sani believes that appointing a solitary investigator could compromise the objectivity, fairness, and transparency required for an investigation of this magnitude.

Advocating for a Different Approach

To address the limitations of a single investigator, Shehu Sani proposed an alternative solution.

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He suggested that a more realistic and credible approach would involve constituting a presidential committee comprising independent financial experts, seasoned accountants, and auditors.

By appointing a team of experts, the investigation’s integrity and impartiality could be better ensured, particularly in the pursuit of recovery and reform rather than protecting influential figures from past administrations.

Conclusion

The appointment of a special investigator to probe the CBN has met with criticism from former lawmaker Shehu Sani.

Expressing concerns about the vulnerability of a lone investigator to external pressures, Sani recommended a presidential committee as a more effective means of carrying out the investigation.

As the debate continues, it remains to be seen how President Bola Tinubu’s administration will respond to these concerns and what steps will be taken to ensure a thorough and transparent inquiry into the CBN’s activities.

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