…The Access Bank Connections Unveil
Nigeria apex bank, Central Bank of Nigeria(CBN) and it’s governor, Godwin Emefiele have been allegedly fingered in moving N30 billion new redesigned currency notes to Alhaji Abubakar Atiku, the Presidential Candidate of Peoples Democratic Party, PDP, in the next few days barring any unforeseen circumstances.
The move was said to have been prompted by the insistence of CBN of not extending the deadline of January 31, 2023 for the exchange of old notes. Sources alleged that the financial institution to aid in the cash movement is Access Bank with the aid of it’s Managing Director, Mr. Roosevelt Ogbonna, who shared cordial relationship with Mr Godwin Emefiele.
Those close to the Apex Bank revealed that the huge sum to be released to Alhaji Atiku was responsible for the scarcity of the newly redesigned notes in commercial banks and Automated Teller Machines, ATMs of banks.
“Most of the banks don’t just have the newly designed currency as the available quantity for distribution is being warehoused on the instruction of CBN governor. It is now clear where the fund is to be channelled and why there persists scarcity with less than a week to the CBN imposed deadline,” the source stated.
It will be recalled that the stated goal of the redesigned currency and limitation on withdrawal was aimed at discouraging money influence on the forthcoming elections as well as promotion of cashless economy.
In recent times, Mr. Emiefele has been involved in many controversies, including allegations of terrorism financing with the Directorate of State Service seeking legal means to investigate him.
