How Emefiele Was Arrested By DSS Operatives At His Ikoyi-Lagos Residence Saturday Morning

How Emefiele Was Arrested By DSS Operatives At His Ikoyi-Lagos Residence Saturday Morning

The suspended Governor of the Central Bank of Nigeria (CBN), was arrested on Saturday morning, inside his highbrow Ikoyi home in Lagos, hours after he was suspended from office, from his post by President Bola Tinubu, citing an investigation of his office and the reforms in the economy, according to a government statement.

The Department of State Services (DSS), which initially denied arresting Emefiele, arrived at his residence, introduced themselves and were allowed into the compound by the security officers at the gate, after receiving clearance from the former bank chief. They subsequently led him away in an unmanned vehicle.

Read Also What Kind Of Sleeping Posture Is This? -This Lady Is Looking For Trouble (VIDEO)

A video showing Emefiele being driven in an unmanned DSS Totoya Hilux truck into a private wing of the Lagos airport, where he was escorted into a luxury jet, was later shared to the public on Saturday afternoon.

The DSS and Emefiele have been at loggerheads since the CBN redesigned the naira last year, with just a few weeks to the general elections. The ruling All Progressives Congress (APC) and its presidential candidate, Tinubu, had complained that the move was ill-timed and designed to engineer his defeat in the election, a charge Emefiele denies.

Read Also BREAKING: VIDEO Of Emefiele’s Arrest (WATCH)

The DSS had sought a high court judge’s approval to detain Emefiele on sensational charges of financing terrorism, economic sabotage and treason afterwards. The judge, however, denied the approval saying the application by the DSS was suspicious and did not have the then President, Muhammadu Buhari’s approval because Emefiele occupied a very sensitive post in the federal government.

Emefiele also subsequently approached a high court where he got an order restraining the DSS from arresting him. While the cat and mouse game between the banker and the DSS played out, it took the intervention of then President Muhammadu Buhari before some form of normalcy was restored between Emefiele and the DSS Director-General, Mr Yusuf Magaji Bichi.

“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”, a statement by the Public Relations Officer (PRO), Peter Afunanya, on Saturday, said.