Bukola Saraki’s Plot To Block Emefiele’s Confirmation Exposed

There are strong indications that embittered Senator Bukola Saraki has begun high-tension lobby to convince his colleagues in the Senate to scuttle the confirmation of Godwin Emefiele as the Governor of Central Bank of Nigeria (CBN).

Information from the Senate is that some senators believed to be supporters of sacked Sanusi Lamido, led by Senator Saraki are mounting pressures on their colleagues to frustrate the screening of Emefiele.

A source revealed that the group of senators working for Sanusi was particularly irked at the manner he was dismissed as they have been linked as contractors with the apex bank.

It would be recalled however that when Sanusi resumed as the CBN governor, one of his major tasks was to aid the write-off of Senator Bukola Saraki’s indebtedness to Intercontinental Bank and the restoration of Societe General Bank’s license that has now metamorphosised into Heritage Bank.

A reliable source revealed that Saraki singlehandedly recommended Mamoud Alabi who was Kwara Holdings boss as Managing Director for Intercontinental Bank, where he later offset all loans owned the bank by Saraki’s companies.

The bank (intercontinental) was later acquired by Saraki’s boys, Access Bank, hence Saraki and his cohorts had always positioned Aig-Imoukuede, former MD of Access Bank as one of the candidates to be promoted for the CBN job.

It was gathered that Aig had actually invested in the process to become the CBN governor, while the likes of Tunde Lemo and Isa Yuguda were also the favourites of the Saraki clique.

Apparently irked by the lobby of Senator Saraki, most of the senators have vowed to frustrate such move and allow the confirmation to pass through a normal process where competence and integrity shall be the focus.

Industry sources however describe Emefiele as a conservative banker that has the requisite competence and experience to handle the national fiscal policies.

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One Comment

  1. Saraki and Sanusi clever rogues that alained to acquire intercontinental bank from Akigbola. I urge the incoming CBN governor to probe the acquisition of intercontinental bank by access bank a case scenario where the tortoise swallowed an elephant. A people that lack creativity and innovation bereft of knowledge to create and manage wealth has deviced another means of reaping where they didn’t sow since there grip on oil money was arrested.

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