EFCC Arrests Former CBN Governor, Charles Soludo


Nigeria’s anti graft agency, the Economic and Financial Crimes Commission, EFCC on Thursday afternoon arrested Professor Charles Soludo former Governor of Central Bank of Nigeria. Details of his arrest are still unclear.

He is currently being interrogated by the anti graft agency, and might be detained for longer if needed.

PM NEWS is reporting that his arrest is “most likely to be related to a petition by HEDA Resource Centre asking the EFCC to investigate and prosecute all government officials indicted in the scandal over the printing of polymer Naira notes during the tenure of Professor Charles Soludo at the Central Bank of Nigeria between 2006 and 2008.”

The polymer notes were printed by Securency, a currency printing firm owned by the The Reserve Bank of Australia. In the petition sent to EFCC and the Independent Corrupt Practices and other Related Offences Commission, HEDA had drawn the attention of the anti-graft agencies to reports by The Age, an Australian newspaper which indicated that former workers at Securency had told the police the firm produced millions of partly made Nigerian banknotes without authorisation from the Nigerian authorities.

HEDA’s petition also drew attention to the fact that The Age reported that Securency paid some N750 million in bribes to some officials of the CBN between 2006 and 2008 in order to secure the contract to make polymer notes for Nigeria, channeling the bribes through Benoy Berry and Michael Harvey, two British businessmen.

Soludo dabbled into politics after his tenure and was a gubernatorial candidate in Anambra State.

Source: PM News