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Reading: EFCC detains Emefiele after released by DSS
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Nigeria

EFCC detains Emefiele after released by DSS

Godwin Emefiele, the former Governor of the Central Bank of Nigeria, is currently being held in the custody of the Economic and Financial Cr...

Precious John ELIJAH
Precious John ELIJAH October 27, 2023
Updated October 27, 2023 at 5:37 PM
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EFCC detains Emefiele after released by DSS
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Godwin Emefiele, the former Governor of the Central Bank of Nigeria, is currently being held in the custody of the Economic and Financial Crimes Commission.

Prime9jaOnline confirms that Emefiele, who is currently being interrogated at the EFCC's National Headquarters in Jabi, Abuja, was picked up by EFCC operatives Thursday night, less than an hour after he was released from the Department of State Services' dungeon.

An unnamed source told our correspondent Friday morning that the EFCC is investigating Emefiele for alleged impropriety while he was the head of the apex bank.

"Yes, Emefiele is currently in the custody of the EFCC; he was arrested last night, less than an hour after the DSS released him. He’s currently being interrogated at the headquarters, as he’s being investigated for alleged misappropriation of funds amongst other things during his term as CBN governor,” the source noted.

Our correspondent further gathered that fresh charges may be filed against Emefiele by the EFCC.

Meanwhile, the spokesperson for the EFCC, Dele Oyewale, could not be reached for official confirmation when contacted by our correspondent on Friday.

Prime9jaOnline reports that Emefiele had been in the custody of the Department of State Services since June after President Bola Tinubu suspended him from office.

He was thereafter asked to hand over his responsibilities to Folashodun Shonubi, the then Deputy Governor, Operations Directorate at the apex bank.

A day after, the DSS announced that Emefiele was in its custody for ‘some investigative reasons’.

On July 25, he was arraigned on a two-count charge bordering on “illegal possession” of firearms at a federal high court in Lagos and was granted bail in the sum of N20 million.

The two-count charge was later struck out on August 17 after the Federal Government withdrew the same.

However, a fresh 20-count charge was instituted against him over an alleged conspiracy to carry out procurement fraud, among others.

The arraignment has been stalled twice, and Emefiele was reported to have proposed a plea bargain agreement with the Federal Government.

The proposed agreement required Emefiele to resign as CBN governor and ‘disgorge’ some assets.

However, on September 22, the CBN officially confirmed Emefiele’s resignation after Olayemi Cardoso was appointed as substantive governor of the apex bank.

Tags: Nigeria

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