Human rights lawyer, Mr. Femi Falana, SAN has said the Economic and Financial Crimes Commission(EFCC) should go after former governors of the Central Bank of Nigeria(CBN) to investigate and prosecute them over the Deposit Money Banks as regards loans allegedly granted them between 2006 and 2011. Falana made this known at a dinner organised by the executives of the Senior Staff Club of the University of Ibadan in honour of members recently appointed by the Federal Government.
According to Falana, he had written a petition to the EFCC on the loans but added that the matter had yet to be attended to. In his words, “We cannot be claiming to be broke when money given out as loans or deposits are not accounted for. The EFCC must probe, recover the funds and prosecute anybody found culpable.” Falana alleged that a former CBN governor gave out $7billion to 14 banks in 2006 while the sum of $5billion was also given to some banks by another CBN governor in 2011. He claimed that the same CBN governor later handed over N2.5trillion to those he described as economic saboteurs.