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former Governor of the Central Bank, Chukwuma Soludo, has insisted that senior
lawyer, Femi Falana, apologise for making incorrect allegations.
Mr. Falana had called
for Mr. Soludo’s probe, after he accused the former bank chief of doling out $7
billion to commercial bankers while he was in office. The Senior Advocate
claimed that the loan was never returned by the beneficiary banks.
Mr. Soludo has,
however, clarified the disbursements; saying it was never a loan, but deposits
placed in the appropriate banks by the federal government.
“I can’t believe that
the learned and respected Senior Advocate of Nigeria does not know the
difference between a bank LOAN and a bank DEPOSIT,” Mr. Soludo said.
The former Central Bank
chief added that “none of the 14 Nigerian banks needed a loan or requested for
a loan, and the CBN did not grant any loan with our foreign reserves.”
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