Falana calls for probe of past CBN govs

– Senior lawyer, Femi Falana calls for loans allegedly granted Deposit Money Banks by former governors of the CBN to be investigated – Falana says he will apply for an order of Mandamus to compel the EFCC to investigate and prosecute the Deposit Money Banks over the loans – According to the lawyer a former CBN governor gave out $7bn to 14 banks in 2006 while the sum of $5bn was also given to some banks by another CBN governor in 2011 Share on Facebook Share on Twitter Falana says it is important to know if the huge sum borrowed Deposit Money Banks have been paid back to the treasury. Senior lawyer, Femi Falana, has asked the Economic and Financial Crimes Commission (EFCC) to investigate the Deposit Money Banks over loans allegedly granted them by former governors of the Central Bank of Nigeria (CBN). READ ALSO: DSS raid fueled by NJC’s refusal to probe judges Falana, according to The Punch, said it was important to know if the huge sum had been paid back to the treasury. Speaking at a dinner organised by the executives of the Senior Staff Club of the University of Ibadan in honour of members recently appointed by the federal government, the lawyer said the loans were given between 2006 and 2011. Falano who noted that the EFCC had not yet attended to his written request, said he will apply for an order of Mandamus to compel the commission to investigate and prosecute the Deposit Money Banks over loans allegedly granted them by former CBN governors.