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Sunday, 28 November 2010

British Investigators Turn Sight on Soludo


 The former governor of the Central Bank of Nigeria (CBN), Chukwuma Soludo, is under the radar of British crime investigators who want to understand his role in the N29 billion polymer banknote contract issued during his tenure.
Between 2006 and 2009, the Central Bank carried out currency reforms that saw the introduction of polymer bank notes to replace the paper notes of the country’s lower denominations. In late 2009, media reports alleged that top CBN officials had received bribes in order to grant an Australian company, Securency International Pty Ltd, the contract which saw the Australian company supplying Nigeria with at least 1.9 billion pieces of the polymer substrate.

The contract is now the subject of a multi-national investigation straddling Vietnam, Malaysia, Australia, the UK and Nigeria, from which about N3.5 billion was paid out in slush fund. Investigators believe that millions out of the amount were paid to top Nigerian politicians and bank officials.

Source: 234next


The nitty-gritty tales of a housewife said...

Please go ahead SIRS...with utmost pleasure!

There is fire on the HAVE YOU STARTED RUNNING?...if not, make you begin now!.

tplusf said...

am not surprised... hopefully, the accused (Soludo) will accept the charges and not run away!

Domkatbali said...

Guud 4 demokrazy...!!

Noble said...

Lol @ Nitty.

I really hope it's not true.

skankmypeaceofmind said...

light up their asses. they need to feel the heat

Anonymous said...

If he thinks that he can bribe his way out of this one, he is joking he would soon see where he would be coming to here in the uk for his trial

Big theeeeeeif!!!!

Anonymous said...

Yup.. Aussie post says it Linda. We are not jokers in Australia O!

Cheers mate:)

DairyFarmer said...

Soludo, get ready for a long-holiday inside....... Meanwhile don't forget to carry ur "Ludo-Board" oohhh ... Its gonna be lots of fun

Anonymous said...

I like how you put it Linda: the investigators want to "understand" Saludo's role. It is sad that outsiders are doing what Nigeria is supposed to do, which is to hold its public servants accountable for their actions in office. Yes people, those in office are "public servants", but the average Nigerian seems to not realize this and rather perceives them as if they are gods and goddesses.

Anonymous said...

i am not impressed because if found gulty then they will definately give him 6months in prison of which he might serve 2months if at all. to me i don't comfortable with these our Countrys' efcc and so call investigators

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