EFCC invites more senior CBN officials over Forex manipulation

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The Economic and Financial Crimes Commission has invited more senior officials of the Central Bank of Nigeria as part of investigations into an alleged foreign exchange scam and other sharp practices within the apex bank. Reliable sources within the anti-graft agency said the investigators probing the scam believed strongly that the activities of some officials of the bank impacted negatively on the fortunes of the naira and contributed to its drastic slump in recent months.

 EFCC detained and grilled two directors on Wednesday. It was, however, learnt on Thursday that the officials were released late on the same day after writing statements on oath. A reliable source within the agency had earlier assured our reporter that the CBN senior officials were being grilled as of the time this paper was going to bed on Wednesday

When contacted on Wednesday, the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor, had said that no director of the apex bank had been arrested by the EFCC.

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