DSS Arrests Godwin Emefiele

By Glam & Essence

The suspended Governor of Central Bank of Nigeria, Godwin Emefiele, has been arrested by DSS on Friday, shortly after President Bola Tinubu suspended him. Emefiele’s suspension, according to the President was due to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
Before Emefiele’s suspension, the DSS, on December 7, 2022, in an exparte application with reference no: FHC/ABJ/CS/2255/2022, had sought an order to arrest the suspended CBN Governor, over allegations of financing terrorism, fraudulent activities and economic crimes of national security dimension.
However, the Chief Judge of the Federal High Court, Justice J.T Tsoho denied the DSS application saying 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.




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