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DSS arrests Emefiele

DSS arrests Emefiele

The Department of State Services (DSS) has arrested Godwin Emefiele, the suspended governor of the Central Bank of Nigeria.

A report by PM News Nigeria said Emefiele was arrested on Friday shortly after President Bola Tinubu suspended him from office.

According to the President, he was suspended due to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
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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.

DSS arrests Emefiele

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