CBN uncovers $2.4 billion fraud in forex trading - Cardoso Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has narrated how the apex bank uncovered $2.4 billion fraud in Forex trading. In an interview with Arise TV, Cardoso said after the bank contracted Deloitte Management Consultant to do a forensic, it was discovered that about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities of the federal government were not valid for settlement. He said, “We contracted Deloitte Management Consultant to do a forensic of all these obligations and...