The suspended CBN Governor, Godwin Emefiele, has been taken into custody by the Department of State Service (DSS).
Godwin Emefiele, the Central Bank of Nigeria’s suspended governor, has started his fight for freedom. DSS detained him on Friday.
Shortly after Emefiele’s suspension by President Bola Tinubu, news of the arrest broke.
Emefiele was placed on administrative leave, according to the president, because of an ongoing investigation into his office and upcoming banking sector reforms.
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.
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.
