President Bola Ahmed Tinubu has suspended the Central Bank Governor, Godwin Emefiele, CFR, from office with immediate effect.
The suspension was announced late on Friday night and was quickly followed by reports that the suspended governor has been arrested by the Department of State Services (DSS).
The secret police has however refused to either deny or confirm Emefiele’s arrest.
According to a statement from the office of the secretary to the government of the federation, this is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
The statement however did not specify the nature of the investigation or when it was launched.
The DSS had in February 2023, accused suspended CBN governor, Godwin Emefiele of terrorists financing.
However, DSS spokesperson, Dr Peter Afunanya, asked to confirm the arrest, only said “Inundated. I may not be able to make any confirmations NOW, please.”
Recall that Emefiele had been accused by the DSS of fraternizing with a well-known terror financier, whose name was not disclosed.
The DSS said the CBN governor was involved in the financing of terrorism and must answer for the alleged crime.



-Advertisement-
Grab our latest Magazine, "Kelechi Amadi-Obi - Transcending the worlds of Law, Visual Art and Photography". Get your order fast and stress free.
For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did
Download E-MagazineDo you want to be heard, your events covered, your articles published, or need to advertise your products and services on our Blog and Magazine, reach out to us at Newswire Law and Events, you will be glad you did. For more details about our services, please call: 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk







