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Soludo not indicted – AGF

Posted by By Sun News Publishing on 2008/05/11 | Views: 687 |

Soludo not indicted – AGF


Contrary to the impression being created in a section of the country that Central Bank Governor, Prof. Chukwuma Soludo stands indicted by the findings of the panel investigating the Africa Finance Corporation (AFC), Attorney-General of the Federation and Minister of Justice, Michael Aondoakaa, says the panel investigating the investment of about $462 million in the AFC by the CBN has not, and cannot indict the Central Bank Governor

Contrary to the impression being created in a section of the country that Central Bank Governor, Prof. Chukwuma Soludo stands indicted by the findings of the panel investigating the Africa Finance Corporation (AFC), Attorney-General of the Federation and Minister of Justice, Michael Aondoakaa, says the panel investigating the investment of about $462 million in the AFC by the CBN has not, and cannot indict the Central Bank Governor

This was contained in a press statement released in Abuja yesterday and signed on behalf of the Minister by his Special Assistant on Media and Special Duties, Hon. Onov Tyuulugh.
This is contrary to reports in various newspapers (not in The Sun on Saturday) that the committee had indicted the CBN Governor in its interim report. In the statement the Minister stated “The attention of the office of the Honourable Attorney-General of the Federation and Minister of Justice has been drawn to publications in several newspapers indicating that the committee set up by the Attorney-General of the Federation and Minister of Justice to investigate the AFC has indicted Professor Chukwuma Soludo, Governor of the Central Bank of Nigeria over CBN’s investment in the AFC.

“We wish to restate that this is a fact-finding committee and its investigation is on-going. It has not completed its assignment, neither has it submitted any report. Consequently, the publications relating to the indictment or otherwise of the Central Bank of Nigeria’s Governor are yet to be established, until the committee submits its report”

The statement went ahead to explain that the “fact-finding” committee lacks the power to indict anyone as only a court of law could do so. “In the era of Rule of Law, the Office of the Attorney-General of the Federation and Minister of Justice is mindful of the fact that, issues of indictment are serious matters that require judicial pronouncement”, he added.

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Kim Worley(Greeley, Colorado, US)says...

I heard this in a song and had no idea what it meant. Googled it and this came up. Very Cool. ????????????????

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Obinna(Newark Nj)says...

I want to know more meaning and significant of this name obidike in igboland

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Olusola Okhiria Nee Sodunke(Newport, Newport, UK)says...

This is a great piece of history, which is dear to our hearts as people and very much appreciated.

Many thanks to the people who worked hard in the past and those who are still making efforts to keep the institution.

The labour is obviouly worth it. We are proud of you all.

A lot still to be done, with the motivation of the champions of this course, others will follow as well to maintain the institution

May God continue to keep the edifice for development of future generations to the glory of God and the benefits of our fatherland.

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Joel Efiong(Calabar, Nigeria)says...

This is a great piece. The examination bodies should hire you as ICT consultant.

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Sunday Mbe(Kaduna, Kaduna, Nigeria)says...

ULIMASI means' GOD,THANK YOU' not THANK GOD.