Nigeria In One Minute
CBN denies knowledge of Ikoyi loot
The Central Bank of Nigeria (CBN) has washed its hands of the controversial N15 billion Osborne Towers, Ikoyi, Lagos cash haul.
CBN spokesman Isaac Okorafor told The Nation that the apex bank did not know the source of the money.
Okorafor said the CBN issues serial currencies to banks which are at liberty to give such currencies to their clients.
“I do not know the source of the money; we (CBN) only issue currencies to banks which then transmit the currencies to their customers,” Okorafor said.
The Nation, April 18, 2017
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