Fresh Details After Emefiele’s Arrest Emerge

Fresh Details After Emefiele’s Arrest Emerge

The suspended Governor of the Central Bank (CBN), Mr.Godwin Emefiele, spent his first night in the custody of the Department of State Services (DSS) in Abuja yesterday following his arrest in Lagos earlier in the day and subsequent transfer to Abuja.

He was sent on suspension of Friday on the order of President Bola Tinubu on account of “ongoing investigation of his office and the planned reforms in the financial sector of the economy.”

The Nigerian Bar Association (NBA) yesterday expressed support for the CBN governor’s suspension and called for a thorough investigation of his “alleged role in the mismanagement of the economy.”

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The Association of Bureaux De Change Operators of Nigeria (ABCON) pleaded with the CBN Acting Governor, Folashodun Shonubi, to reconsider restrictions on Bureaux De Change (BDCs) operations and open up the FOREX space for more dollar inflow.

Confirmation of Emefiele’s arrest came from the DSS a few hours after it said on its Twitter handle that “Currently, Emefiele is not with the DSS.”

In its first reaction on Friday to reports about Emefiele’s arrest, the DSS had said: “Inundated. I may not be able to make any confirmations NOW, please.”

But in confirming Emefiele’s arrest yesterday, spokesman of the Service, Peter Afunanya, said: “The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), is now in its custody for some investigative reasons.

“The public, particularly the media, is enjoined to apply utmost caution in the reportage and narratives concerning this.”

No further details were given about his arrest but it was gathered that he was arrested at his Ikoyi,Lagos residence yesterday morning by a team of security agents.

A video that went viral showed Emefiele getting down from what appeared to be a security van.

He wore a gray Kaftan with a  cap to match.About six men in suit and suspected to be security personnel surrounded him and led him into a plane.