CBN DEBUNKS FAKE NEWS ON NEW N5,000 AND N10,000 BANKNOTES.(PHOTO).

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  The Central Bank of Nigeria (CBN) has dismissed a viral claim circulating on social media about the introduction of new ₦5,000 and ₦10,000 banknotes, labeling it as fake news. The claim, which included fabricated images of the supposed new denominations featuring Dr. Nnamdi Azikiwe and Chief Obafemi Awolowo, falsely stated that the new notes would enter circulation from May 1, 2025. In a statement on its verified Facebook account, the CBN clarified that the content is not from the bank and directed the public to its official website, (www.cbn.gov.ng), for authentic information. The bank warned against spreading misinformation regarding monetary policies and urged Nigerians to rely only on official statements from its verified channels. The CBN reaffirmed that any major policy decision, including the introduction of new banknotes, would be announced through its official platforms. The public is advised to remain cautious and verify financial information from credible sources befor...
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COLOMBIA’S PRESIDENT’S SON ARRESTED ON MONEY LAUNDERING CHARGES.(PHOTO).

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Colombia’s president's son arrested on money laundering charges

29th Jul 2023 

Colombian President Gustavo Petro said Saturday that his son Nicolas has been arrested on charges of money laundering and illicit enrichment in a scandal linked to Petro’s election campaign.

Colombia’s first leftist president wrote on Twitter, which is being rebranded as X, that police arrested his son and the son’s ex-wife Daysuris Vasquez.

In March, Vasquez alleged that Nicolas Petro received large amounts of money from drug traffickers and smugglers in 2022 for his father’s ultimately successful presidential campaign but instead used it to live in luxury in the northern city of Barranquilla.

Petro wrote: “I wish my son luck and strength. May these events build his character and may he reflect on his mistakes.”

“As a person and father it hurts to see so much self-destruction,” he added.

Prosecutors confirmed the arrest of the younger Petro on charges of money laundering and illicit enrichment. Vasquez was also charged with that first offense.

Since the scandal broke, President Petro has denied receiving money from the country’s powerful cocaine lords. He himself asked that his son be investigated.

Nicolas Petro was a lawmaker for his father’s party in the northern Atlantic department. News outlets published bank records of his showing he had far more money than would correspond to his salary from congress. (AFP)

 

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