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Gowon denies looting half of CBN, says its mere fallacy

Former military Head of State, Yakubu Gowon, has denied allegations that he looted half of the Central Bank of Nigeria (CBN) whilst in power.

General Gowon made the denial during an interview with BBC early hours of Thursday.

Recall that a member of the United Kingdom parliament, Tom Tugendhat, had accused Gowon of looting “half of CBN” after he was overthrown.

Tugendhat made the allegation on Monday during the public debate by the Petitions Committee of the parliament on the #EndSARS crisis.

He said: “Some people will remember when General Gowon left Nigeria with half of the Central Bank, so it is said, and moved to London.”

However, Gowon described the British lawmaker’s claim as “rubbish” and “mere fallacy.”

Reacting, Gowon said: “I don’t know where he got that rubbish from, I served Nigeria diligently and my records are there for all to see.”

He adds: “What the MP said was just mere ridicule and I don’t know as to where he cooked up such statement.

“I served Nigeria as much as I could and my achievements during those years are available to everyone.

“I don’t want to talk over the matter since those who know me very well say that the MP’s statement is nothing but a mere fallacy.”

Gowon, who ruled Nigeria from 1966 to 1975, went to exile to the UK where he studied Political Science and International Relations as an undergraduate at Warwick University, after his government was overthrown.

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