THERE WAS NO EVIDENCE THAT HE SLEPT WITH THE GIRL "- YOMI FABIYI GIVES UPDATE ON BABA IJESHA'S CASE. (PHOTO).

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 There was no evidence that he slept with the girl” – Yomi Fabiyi gives update on Baba Ijesha’s case Nollywood actor Yomi Fabiyi has given an update on embattled Yoruba actor Baba Ijesha’s case. Refreshing your memory, Baba Ijesha was arrested and sentenced to 5 years imprisonment for raping a minor, who is the adopted daughter of comedian Princess. Giving an update on the case in a recent interview, he said Baba Ijesha’s appeal process is still ongoing in court. He claimed that there was no evidence that he slept with the hole; hence, the judge didn’t sentence him to life imprisonment. Yomi stated that Princess called Baba Ijesha to shoot a skit, and the girl also made a similar statement in court. Yomi stated that the man who slept with the girl was walking freely, and her age wasn’t 14, as many claimed. “Baba Ijesha’s appeal process is still ongoing in court. There was no evidence that he slept with the girl; that was why the judge didn’t sentence him to life imprisonment. He was ca
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AUDITOR-GENERAL QUERIES CBN OVER $4.5BN MISSING FROM FOREIGN RESERVES. (PHOTO)

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 Auditor-General queries CBN over $4.5bn missing from foreign reserves

Auditor-General of the Federation, Shaaka Chira, has asked the Central Bank of Nigeria to offer an explanation for a missing $4.5 billion fund.


An audit report from the Office of the Accountant General said the missing sum was unaccounted for in Nigeria’s foreign reserves between 2018 and 2019.


The yearly audit report provides comprehensive information about the spending and financial affairs of the various ministries, departments, and agencies under the government in a fiscal year.


According to the report, the country’s foreign reserves, which stood at US$42,594,842,852.75 in December 2018, decreased to US$38,092,720,200.72 in 2019. By a simple calculation, US$4,502,122,652.03 could not be accounted for.


The violation occurred following the COVID-19 outbreak, during the tenure of Godwin Emefiele, the former governor of the apex bank currently standing trial in court over corruption allegations.


The Accountant-General has now urged CBN to offer explanations for the missing sum.


The audit report, stressing that the stability of the exchange rate may be jeopardised if the apex bank fails to justify the fund, stated: “This violates Section 25 of the Central Bank of Nigeria Act 2007, mandating the bank to endeavour to maintain external reserves at levels considered to be appropriate for the economy and the monetary system of Nigeria.”

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