The said amount was cashed out from the Central Bank of Nigeria between November 2014 and February 2015 for what was called ‘special services’ in the build up to the 2015 general elections. The group made reference to an article published by Premium Times on September 19th.
The report further stated that the first withdrawal was $47 million cash, out of N10billion earmarked for release for an unbudgeted ‘special services’, while the the second was the sum of $289,202,382 (N52.7 billion).
According to Premium Times, the CBN’s Director, Corporate Communications, Ibrahim Mu'azu and former spokesperson of the former president, when contacted declined comments. However, a senior official who spoke on the condition of anonymity confirmed the report.
