Eko Hot Blog reports that a crack team of police officers led by DCP Eloho Edwin Okpoziakpo has been deployed to support the Special Investigator appointed by President Bola Tinubu to probe the activities of the Central Bank of Nigeria (CBN) and related entities.
The team’s preliminary intelligence has reportedly sent jitters down the spines of top management staff of the CBN and the Nigerian Incentive Risk Based Risk Sharing System for Agricultural Lending (NIRSAL).
The investigators are said to have developed intelligence on NIRSAL and the Anchor Borrowers Programme, which have over the years been at the centre of investigations.
President Tinubu recently gave a marching order that all funds allocated to these agricultural programmes be recovered.
The deployment of the police team is seen as a sign that the investigation is taking a serious turn. The investigators are expected to grill top officials of the CBN and NIRSAL, as well as other individuals and entities involved in the programmes.
The investigation is likely to shed light on the alleged financial irregularities in the programmes and the extent of damage that has been done. It is also expected to help the government recover any misappropriated funds.
The CBN and NIRSAL have denied any wrongdoing, but the investigators are determined to get to the bottom of the matter. The investigation is ongoing.
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