BREAKING: DSS Arrests Godwin Emefiele

The Department of State Services (DSS) has arrested suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

Daily Report Nigeria reports that Emefiele’s arrest follows his suspension as CBN governor by President Bola Tinubu on Friday evening.

Tinubu’s order was contained in a statement by the Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey.

Emefiele was subsequently instructed to transfer responsibilities of his office to the Deputy Governor (Operations Directorate), who will serve as the acting Central Bank Governor until investigations and necessary reforms are completed.

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READ ALSO: Tinubu Suspends CBN Governor, Godwin Emefiele

However, Emefiele’s arrest by the secret police has multiplied the complexity of the situation.

Meanwhile, the DSS had filed a case (ex-parte motion) against Emefiele on December 7, 2022, seeking permission to arrest, probe and detain him.

This appeal was declined by the federal high court in Abuja on December 9, 2022.

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The DSS accused Emefiele of the following;

1. Funding Unknown gunmen, ESN and IPOB with money he raised for his failed presidential bid last year and funds diverted from government coffers

2. Mismanagement of Nigeria’s social investment program (NISRAL and the Anchor Borrowers Scheme)

3. Illegal economic crimes of National security dimension

4. Money Laundering

5. Unwholesome activities through proxies

6. Round tripping

7. Conferment of financial benefits to self and others

8. Threat to National Security

9. Criminal conspiracy to divert government resources

10. Terrorism Financing