President Bola Ahmed Tinubu has commended Jim Obazee Jim Obazee, appointed after concluding his investigation of the Central Bank of Nigeria (CBN), which resulted in the indictment of its former governor, Godwin Emefiele.
Obazee’s investigation, initiated under the directive of President Tinubu, aimed to scrutinize the operations of the CBN and related entities.
The conclusion of the investigation comes after a thorough examination and analysis of pertinent financial data and operational procedures within the central bank.
According to sources close to the investigation, Obazee’s findings include allegations of financial irregularities and misconduct implicating Emefiele in his capacity as the governor of the CBN.
Meanwhile, President Bola Tinubu has thanked Obazee on Friday, and wished him success in his future endeavours.
Ajuri Ngelale, the presidential spokesman, said in a statement: ” The President commends Mr Obazee for the dedication and professionalism he exercised in handling the complexities of this critical national assignment.
”Subsequent to the conclusion of the assignment and the submission of a final comprehensive report, and with the winding up of all apparatuses used during the scope of the task, which terminated on March 31, 2024, the investigation is formally closed, with all appropriate law enforcement and regulatory agencies already conducting follow-up action.
”The President thanks Mr. Obazee for answering the call of duty while wishing him success in his future endeavours.”Obazee is a former Chief Executive Officer of the Financial Reporting Council of Nigeria.
Born Jim Osayande Obazee, on March 28, 1965, he is a native of Edo State. The 58-year-old holds a Bachelor’s degree in Accounting from the University of Benin.He proceeded to the University of Lagos for a Master’s in the same discipline.
He served as the Chief Executive Officer of the Financial Reporting Council of Nigeria, from November 2010 to January 2017.
The ex-FRC boss is a fellow of the Institute of Chartered Accountants of Nigeria, and a member of the Nigeria Institute of Management, as well as the American Accounting Association.
Obazee is certified in Strategic Financial Analysis for Business Evaluation from Harvard University, United States of America.
Obazee was on secondment to the Financial Accounting Standard Board, USA, and the Atlantic Schools of Business, Canada.
He served as the Chairman of the 29th Session of the International Standards of Accounting and Reporting and also chaired the Committee of the Roadmap to the adoption of International Financial Reporting Standards in Nigeria.
