JUST IN: Detectives Reportedly Arrest Suspended CBN Gov Godwin Emefiele

Security operatives have reportedly arrested the suspended governor of the Central Bank of Nigeria, Godwin Emefiele.

Multiple reports say Emefiele was picked up immediately after he was suspended from office by President Bola Tinubu.

Emefiele who had been on watchlist of the Department of State Security (DSS), was suspended by President Tinubu 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 detectives of the Department of State Security (DSS), had on December 7, 2022, in an exparte application with reference no: FHC/ABJ/CS/2255/2022, sought an order to arrest the CBN Governor.

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.

Advertisement

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.