The apex bank noted that such exercise is aimed at strengthening the financial sector and the economy, while assuring that all the banks would continue to do their normal businesses and meet their obligations.
The CBN, in its latest statement signed by the Acting Director, Corporate Communications, Isaac Okorafor, said that it was fully aware and was indeed a part of the on-going investigations of certain financial transactions in some banks by law enforcement authorities, noting that it was also carrying out its own special examinations and investigations to ascertain the veracity of some allegations, as well as the extent and persons that might be involved in such activities.
