A special investigator has been appointed by President Bola Ahmed Tinubu to look into the Central Bank of Nigeria (CBN).

Jim Osayande Obazee, the Chief Executive Officer of the Financial Reporting Council of Nigeria (FRCN), was designated by Tinubu as the investigator, according to a recent report obtained

The change occurs after Godwin Emefiele’s suspension as governor of the CBN and his arrest on June 9, 2023, by the Department of State Security.

The President asked the special investigator to investigate CBN and key government business entities.

“Following the fundamental objective outlined in Section 15(5) of the Constitution of the Federal Republic of Nigeria 1999 (as amended), this administration is today continuing the fight against corruption by appointing you as a Special Investigator to investigate the CBN and Related Entities. This appointment shall be with immediate effect, and you are to report directly to my office,” the letter stated.

Last week, Emefiele was re-arrested by DSS despite a Federal High Court in Lagos granting him bail.