$7BN BAILOUT: SOLUDO IS A JOKER – FALANA - 9JAOlofofo | Nigeia #1 gossip site.

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Friday, 30 September 2016

$7BN BAILOUT: SOLUDO IS A JOKER – FALANA

Lagos lawyer, Femi Falana (SAN) has described as a joke and baseless the demand by a former Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo for an apology and retraction of his claim that the apex bank under his watch diverted public funds from the Federation Account.
Falana said the demand for an apology by Professor Soludo is a joke since it was the CBN management under him that claimed to have given its own “share” of  $7billion to the 14 banks.
The lawyer, who said this in a statement he issued in Lagos, noted that the CBN cannot work outside the ambit of the Constitution and the Central Bank Act, 2007.
It would be recalled that Falana had written a petition to the Economic and Financial Crimes Commission (EFCC) urging it to investigate the criminal diversion of public funds from the Federation Account and the mismanagement of the nation’s foreign reserves.
Source: The Leadership

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