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EFCC picks Emefiele after Release by DSS
  • October 28, 2023
  • Unity Times

Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been arrested by the Economic and Financial Crimes Commission (EFCC).

Emefiele is currently being detained at the EFCC Headquarters in Abuja. He was picked up by operatives of the commission hours after his release by the Department of State Services (DSS).

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A dependable source confirmed that Emefiele was presently with the EFCC.

“He is in the EFCC. The EFCC has the mandate to investigate economic and financial crimes. The DSS does not have that mandate. So he’s here; he’s undergoing interrogation”, the source said.

The spokesman of the EFCC, Dele Oyewale, had yet to respond to a query on the subject as of the time of filing this report.

Emefiele was arrested and detained by the DSS in June after his suspension by President Bola Tinubu 

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 charge.

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

The arraignment was stalled twice.

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

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