CBN Denies Knowledge of Ikoyi Loot

 By Maxwell Adeleye 
 
The Central Bank of Nigeria (CBN) has washed its hands off the controversial N15 billion Ikoyi building loot.  
Spokesman for the CBN Isaac Okorafor told our reporter that the apex bank does not know the source of the money.

 Okorafor said the CBN issues serial currencies to banks who are then at liberty to give such currencies to their clients.  

According to Okorafor, “I do not know the source of the money we (CBN) only issue currencies to banks which then transmit the currencies to their customers.” 
 
Operatives of the Economic and Financial Crimes Commission (EFCC), acting on a tip-off on Wednesday, stormed an apartment at Osborne Towers, Ikoyi Lagos where they found $43,449,947, £27,800 and N23,218,000 stacked inside a fireproof safe. 
The discovery has generated a lot controversy over who the owner of the find is as well as the owner of the apartment where the loot was found. 
 
Another source at the CBN who pleaded not to be named described the development as “very sensitive one which the CBN would just wish would go away.” 
 
It was reported on Monday that “when the EFCC began the investigation of some Politically Exposed Persons (PEPs), it traced the movement of the cash to NIA account. Instead of seeking explanation from the Director-General of NIA, Ambassador Ayo Oke, the EFCC wrote directly to the Central Bank of Nigeria( CBN) to demand the details of the transactions on the said account. 
 
“In fact, the documents obtained from CBN included other sensitive operations and overhead. The NIA took exception to it. When President Muhammadu Buhari intervened, he saw all the records that neither NIA DG nor any staff benefited from the said funds.
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