General

CBN distances self from fatal road accident

Nigeria’s apex bank on Friday evening distanced itself from a road traffic accident that killed 14 people on the Asaba – Benin Expressway.

CBN Acting Director, Corporate Communications Isaac Okorafor dismissed a report linking a CBN bullion van to the accident as being “entirely untrue.”

According to Okorafor in a statement issued in Abuja, “The vehicle that was used to illustrate the news story does not belong to the CBN.

“No CBN bullion van was involved in any accident. The only accident on the road involved vehicles which do not belong to CBN. The reporter may have mistaken a CBN bullion van which had malfunctioned during a currency movement from Asaba to Benin and was immediately substituted and securely parked at the Abudu Police Station, as being part of a totally unrelated road traffic accident that happened earlier on that same road.

“Indeed, the fact that the Police confirmed that there was no such accident involving a CBN convoy could have been enough to discourage the reporter from engaging in such fabrication.”

•Photo shows CBN Headquarters.

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