Tuesday 29 March 2016

CBN Admits Selling Dollar To Aisha Buhari But at The Rate N197 Per Dollar

The Central Bank of Nigeria, CBN, has asked politicians to leave it alone to concentrate on its work and avoid dragging it into mudslinging attempts for whatever gain.

Asked to react to the allegation of the People’s Democratic Party, PDP, that the First Lady, Mrs. Aisha Buhari, was involved in round tripping of foreign exchange, the bank’s spokesman, Mr. Isaac Okoroafor, told Vanguard that the allegation was, “not only ridiculous but laughable.” He asked politicians to avoid whatever would impact negatively on CBN.

But they rather admitted that they only sold at the rate of 197 and not 185 as alleged by the PDP.

His words: “Politicians should spare this institution from deliberate falsehood because if they destroy the reputation of the institution, the economy suffers. Politicians should please allow us to do our job in the interest of the economy.”

“It was very laughable to say that the CBN sold forex to anyone at N185/$1. The records are there for anyone who is interested to crosscheck. The CBN has not sold the dollar at N185 in recent times. The movement of the exchange rate was N155/$1; N168/ $1; and from there to the current rate of N197/$1.”

Mr. Okoroafor said Nigerians should disregard what he described as “baseless” and “falsehood” that had been trending in the social social media.

The PDP, at its twitter handle, had alleged that Aisha Buhari and her unnamed company had been involved in buying about $22 million from the CBN at the official rates and selling same at the black market.

She has also denied the allegation on her twitter handle and threatened legal actions against the PDP.

She said:

“Be advised, any further attempt to malign the person of the wife of the President will be dealt with according to the law. This is grounds for a lawsuit on defamation of character.

“Making false and unfounded allegations without proof just to incite Nigerians on social media is wrong.”

No comments:

Post a Comment