Exposed: How Dino Melaye, Others Smuggled N50 Billion New Notes Out Of The CBN.


An anonymous whistle blower in the CBN has disclosed to Abuja Network News how Dino Melaye and some heavyweight PDP stalwarts smuggled a whooping N50b out of the CBN using special utility vehicles to ferry the cash to an undisclosed location in Abuja under the cover of the night.

The whistle blower said the exercise was conducted over a period of three days under strict instructions and surveillance by a popular director in the bank who is known be sympathetic to the PDP. 

Also saying mechanism has been put in place for onward distribution of the funds to some key Northern states as mobilisation fees popularly called mobulus in the PDP jargon. 

The whistle blower was angry that Dino removed him from the exercise after helping to perfect the deal both on paperwork and in the loading of the cash. 

The vehicles used to transport the said funds  belongs to Sokoto, Delta and Adamawa, state governments and carriers the seal of the State governors and security details.

As at the time of filing this report our investigation is yet to confirm if the vehicles and the security details belongs to those state governments or not. 

It could be recalled that earlier today ANN reports  how some PDP stakeholders shares N150,000  new Naira notes to over 50 ward executive members and a select group of PDP stakeholders in Kabusa ward of Abuja municipal area council of the FCT, apparently that was the source of the said funds.

Investigation is ongoing as to other motives of the said funds and who and who are involve in the disbursement and or the source of the said funds.

In similar vein earlier today President Buhari laments the insincerity of the banks in disbursing the newly redesigned notes which led to scarcity of cash and has paralysed economic activities across the country.

The president promises to use the remaining seven days of the extension by the CBN to crackdown on saboteurs and corrupt elements in the banking system disrupting the speedy implementation of the policy. 

28 Comments

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  1. INTEGRITY HAS DISAPPEARED IN NIGERIAN POLITICS. WHAT A SHAME ON YOU BUHARI AND THE CABAL. KUDOS TO THE PROGRESSIVE GOVERNORS. LONG LIVE FEDERAL REPUBLIC OF NIGERIA.

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    1. Are you ok? What did Buhari do in this matter? You're a big fooooool

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    2. This has nothing to do with Buhari, Dino is the criminal and PDP is their camp.

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    3. Who let this mad dog out? The dog who cannot differentiate the a simple narration simply because of his secluded hatred of Buhari...
      Without knowing who precisely he is, one thing is pretty sure is that he could not be any other than either an Igbo or Obidite.

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  2. Nigerians should be patient with this policy, the CBN should work harder to check and fish out those sabotaging the process. It's time to retire all the old politicians for our new Nigeria to work.

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    1. Who are the old politicians to be retired, be specific. Call or mention them

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  3. If this story is true, then Tinubu is responsible for shortage of New Naira Note in Lagos, Ogun, Osun, Ondo, Ekiti, Kwara and Kogi. Tinubu is notoriously known for pilling up currency notes.

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    1. You must be off your head

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    2. May Allah SWT forgive you of your sins. Tinubu is very sympathetic to poor people sympathy

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  4. What has happened? Has anyone been arrested or prosecuted?

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    1. Why your body dey shake ?
      You dey fear? Let's PDAPC spoil everything, #Obi/Datti go come fix am..no too dey worry ur sef jare.

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    2. Is this possible ? How come the opposition party controlling the CBN. I do not believe the story because the last time I checked it's the APC government that appointed the CBN governor. I can not believe this story .

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  5. They will not say anything when LP is an Arm of PDP.

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  6. If the post is not fake,we know the BUHARI government will do the needful in their USUAL WAY.God bless NIGERIA.

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  7. Only a confirmed fool will drag LP in an issue as this. They are busy campaigning, while the two big thieves (PDP and APC) are busy piling up money to arm the idiots mentioning LP for vote buying. In a sane polity, shouldn't the media and you apologists querry your principals on the allegations levelled against them?

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    1. I don’t believe this story, who’s Dino who goes to the central bank and collects money 🤷‍♂️

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    2. You have said it all. This publication sounds fake but I can not exclude a Nigerian politician from any crime.

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  8. They will not talk now..
    Wen they are an Anne from the PDP

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  9. Wen they are an annex of the PDP

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  10. The government can check the c.c.t.v camera in the c.b.n,, time of loading,,all staff on duty for three days,pick the scare 🐐, sentence to jail,for before 10th Feb,if it true, dino should be sentence with no delay.

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  11. Tell me is PDP controlling PdApv if not how can APC with thepresidency and as the rulling house not known much about money movement within 3 working days. "Irooo poo"

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  12. This is what BUBU wants, after his teeth was sharpened, he bit the finger that fed him publicly. I don't blame Emefiele for the incompetence of his ''Boss''. Let the game continue, the game changer would soon teach you politics.

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  13. Bubu, felt this is the time to mop up currency in circulation, but Nemesis would definitely catch up with him. He failed 3 times and cried in the public glare, but someone outside his clime salvaged his situation of dereliction by his folks. Today, he has forgotten so soon and shamelessly decided to put a stringent measures to prevent his presumed money bag from mobilising funds. You really need to learn form the real game changers

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  14. When investigation is concluded, the president should expose and adequately punish the saboteurs alongside their collaborative elements in and outside of the government orbital. They are nothing less than a national disasters put together. Justice must be served accordingly irrespective of political leanings, ethnicity and influence. History will not forgive nor forget their retrogressive contribution to the growth and development of the country.😲

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    1. The learned citizens of Nigeria are idiots and dumb, clueless and drain brains. You all should have known by now that you don't have any level of government, be it Federal or State, no Congress either because all those biting Nigeria hard now and previously are non citizens of Nigeria who came through the borders and Nigerian Military in the North to steal and loot NIGERIAN WEALTH. Please NIGERIANS go back to many years of history to educate yourselves about Niger, Chad, Sudan and all the tyrannical Fulani Outcasts etc. So stop this Foolishness and Ignorance and fight these toxic and worthless parasitic hoodlums out of Nigeria NOW!!!

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  15. Something relating to PDP and now someone has called others idiots... I hope the sense you think you have lead you iñ the right way thereby shaping your future in the next 4-8 years. Truth is that, if Nigerians make mistake again this time around, Nigerians will grow old under perpetual bondage which would be passed to their children to come.

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  16. To even think of it that anyone believes this fable is laughable...if you people have sense...how come it's appearing in a junk online paper and not the Guardian, Vanguard or even Punch newspapers? Una even get sense so? And you all are here arguing over nonsense...some of the gullible morons here who are the real idiots calling other people idiots! Fools never realize they are fools and that's why they are fools...deceived in 2015, about to be deceived again by the same thief who lied to you about the coming messiah and that only your tribe should rule as long as it's the turn of southern Nigeria! Has changed his age in Wikipedia 4 times since 2017...his real name a mystery, education is questionable, forfeited 420,000 dollars to the US government for money laundry and drug related activities...the list goes on...a man whose eldest daughter is 62 years but claims he is 79! Una mumu sha!

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