Jim Obazee, a former CEO of the Financial Reporting Council of Nigeria (FRCN), was appointed as an investigator by President Tinubu.

In addition to requesting that Obazee report directly to his office, the President also requested him to look into the CBN and other significant Government Business Entities (GBEs).

The full terms of your appointment as Special Investigator will be communicated to you in due course, but they call for you to take action right away to ensure the integrity and strength of important Government Business Entities (GBEs), to further stop leaks in the CBN and related GBEs, and to provide a thorough report on the amount of public wealth currently held by corrupt individuals and organizations (whether private or public).

To complete this project, "you are to examine the CBN and connected organizations utilizing a team that is appropriately experienced, professional, and capable, and to collaborate with pertinent security and anti-corruption authorities. I will anticipate receiving a weekly update on the status of the project, the letter stated.

Additionally, the president forwarded a copy of his order suspending Godwin Emefiele as CBN Governor as of June 9, 2023.