Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

EFCC arrests Soludo over contract scam

11 January 2013, 10:09 - 

Abuja - The EFCC has arrested the ex-Governor of the Central bank of Nigeria, Charles Soludo in connection with the Australian polymer banknotes bribery scam.

The agency said on Friday the former head of the country's central bank had been questioned over a probe into alleged bribery related to a printing contract for banknotes.

The investigation centres on a contract for Securency, a note-printing firm partly owned by the Reserve Bank of Australia. Allegations have surfaced in Australia of corruption in various countries involving Securency and another RBA subsidiary, Note Printing Australia.

"We had Professor Charles Soludo in our custody yesterday. He was asked to explain his role in the award of contract for the printing of banknotes while in office," Economic and Financial Crimes Commission spoksperson Wilson Uwujaren told AFP.

He said the agency was probing allegations that Securency bribed top Central Bank of Nigeria (CBN) officials to win the contract to print polymer notes between 2006 and 2008.

Uwujaren said Soludo, who was CBN governor from May 2004 to May 2009, was assisting the commission in the investigations and had been asked to report on Friday for further questioning.

After leaving the central bank, Soludo became the candidate of the ruling Peoples Democratic Party for governor of his southeastern Anambra state in February 2010, but lost the vote.

- AFP

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
stanley
A conversation between me and Nig...

Nigeria is begging for good leaders to take care of her and not waste her riches. Read more...

Submitted by
BitsTok
Down but not crushed

I feel a challenge having read a story this evening that made my heart tripple jolt within the frames of my chest in the nick of a momoent. Read more...

Submitted by
kritzmoritz
Nigeria will never pull through l...

Simple logic after all, demands that You cannot profile a group of people (in this case, all Nigerians) as a criminals, pimps and fraudsters. Read more...

Submitted by
iAmDiipo
The Website Question!

Yes, we all make mistakes, alas, not knowing the website of an agency you command was not a mistake that was a proper case of nescience. Read more...

Submitted by
BitsTok
Why Me!

While observing the trend of idiosyncrasy among youths, I came to a point that the perceptive power of the youth is perpetually altered along the course of his/her life. Read more...

Submitted by
marquismo6
Nigeria and a New Year 2013: Are ...

Isn't it another wonderful opportunity and privilege again to witness such a desirous gift as a Nigerian? Read more...