October 30, 1967

On this day, officials of the Central Bank of Nigeria said in Lagos that the Enugu branch of the apex bank was found empty when Federal troops entered the former rebel capital.

 

A six-man team of officials from the headquarters of the bank in Lagos who went to Enugu to inspect the branch found only one and half pence in the bank’s fault. Many other important documents were also discovered to have been removed by the rebels before they fled Enugu.

 

Certain documents were, however, found which revealed the transfer of large sums of money from the bank to the African Continental Bank. A spokesman for the team later said that the documents would be carefully studied and analysed.

Officials of the Central Bank said in Lagos on this day that the exact amount in the Enugu branch of the bank before the rebels declared secession was not known. But reliable sources said that the amount was substantial.

 

Also on this day, Mr. Kessington Momoh, the Minister of Trade and Industry in the suspended Western Nigerian Government, who had been standing trail on a charge of being in possession of arms and ammunition was discharged and acquitted by the Benin Chief Magistrate’s court.

In his judgement, Magistrate M. Begho remarked that the seven prosecution witnesses contradicted one another in every material evidence, while the witness called by Mr. Momoh coroborated his won defence.

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