President Bola Ahmed Tinubu has appointed
the Chief Executive Officer, Financial Reporting Council of Nigeria (FRCN), Jim Osayande Obazee, as special investigator to probe the Central Bank of Nigeria (CBN) and related entities in his Government’s fight against corruption.
In a letter dated July 28, 2023 and addressed to Jim Osayande, the President said that he was appointing him as the special investigator in continuation of the fight against corruption.
The appointee is expected to report directly to the President while he is required to provide a comprehensive report on public wealth currently in the hands of “corrupt individuals and establishments.”
President Tinubu said that the full terms of Obazee’s engagement would be provided later and that he would be required to take immediate steps to block further leakages from the CBN, ensure probity and strengthen key government business entities.