DSS arrests Godwin Emefiele, shortly after suspension by Tinubu

Editor June 9, 2023 in Business, News Tagged Godwin Emefiele, President Bola Tinubu - 1 Minute

The battle for freedom has begun for the suspended Governor of the Central Bank of Nigeria, Godwin Emefiele. He was arrested by DSS on Friday.

The arrest was reported shortly after President Bola Tinubu suspended Emefiele.

According to the president, Emefiele was suspended due to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.

Prior to Emefiele’s suspension, the DSS, on December 7, 2022, in an exparte application with reference no: FHC/ABJ/CS/2255/2022, sought an order to arrest the CBN Governor.

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The security agency accused Emefiele of financing terrorism, fraudulent activities and economic crimes of national security dimension.

The Chief Judge of the Federal High Court, Justice J.T Tsoho, however, refused to grant the application of the DSS.

The court said such an application should have been accompanied with the presidential approval because of the grave implications for the Nigerian economy if the CBN governor is arrested and detained.

Editor

Ibrahim Sheriff is the Editor of Fresh Insight and former Special Assistant on Media to the Speaker, Kwara state House of Assembly. Although a management science researcher by training, he has over five years experience of practice in Journalism, Public Relations and Communication Strategy. Sheriff holds a Masters Degree in Finance and Bachelors Degree in Banking and Finance from Kwara state University, Malete. He has Certificates in Digital Journalism, Enterprise Creation and Skill Acquisition (ECSA) and Basic Econometrics Data Analysis, as well as Bank of Industry (BoI) Certificate in Business Management. He is also a holder of Diploma in Cooperative Studies from Kwara state Polytechnic, Ilorin.

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