Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists

Share This Post

The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian court sanction the arrest.

Nigerian Court Refuses to Back Arrest Plot

As the controversy surrounding the failed arrest of Central Bank of Nigeria (CBN) governor Godwin Emefiele continues to hog the limelight, a new report by Sahara Reporters said operatives from Nigeria’s Department of State Services (DSS) have an order to “arrest him on sight.” In addition, the report, which relies on the testimony of unnamed sources, said operatives are also monitoring movements at the CBN headquarters as well as at the Emefiele family residence in Lagos.

As explained in the report, the DSS’ unconfirmed plan to arrest Emefiele, who was part of Muhammadu Buhari’s entourage to the US-Africa Leaders’ Summit, came a few weeks after a Nigerian High Court judge, John Tsoho, turned down the security agency’s bid to have the CBN governor arrested. In his judgment, Tsoho reportedly slammed the DSS for attempting to use a deceptive lawsuit “to deprive a person [Emefiele] of his liberty.”

Opponents of CBN’s Cashless Policy Want Emefiele Removed

However, the court’s ruling has seemingly not stopped the DSS from seeking to arrest Emefiele, whom it accuses of funding terrorists. Rumors suggesting that the DSS still wants to arrest the official have reportedly forced the CBN governor to avoid public gatherings including a scheduled appearance before Nigerian legislators.

“Emefiele has refused to return to Nigeria claiming heart ailment. He was supposed to return to Nigeria yesterday after travelling with [President Muhammadu] Buhari to the US-Africa Leadership Summit in Washington DC,” an unnamed source reportedly said.

The source also speculated that Emefiele will continue playing hide and seek with the DSS before eventually leaving his position as CBN governor.

Meanwhile, a report by Legit suggested that Emefiele’s troubles with the DSS are instigated by politicians dissatisfied with the CBN’s decisions, including the recent introduction of new naira banknotes. Another report speculated that the DSS plot to arrest the CBN governor is being backed by groups opposed to the central bank’s cashless policy.

Register your email here to get a weekly update on African news sent to your inbox:

What are your thoughts on this story? Let us know what you think in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Can Solana (SOL) Price Reach a New All-Time High in the Next 12 Hours?

The post Can Solana (SOL) Price Reach a New All-Time High in the Next 12 Hours appeared first on Coinpedia Fintech News After successfully dethroning Binance Coin (BNB) in the fourth position last

Cardano (ADA) Price Soars 117%, Targets To Hit $1.15 This November?

The post Cardano (ADA) Price Soars 117%, Targets To Hit $115 This November appeared first on Coinpedia Fintech News As the Cardano price achieves a new yearly high, crypto investors are highly

Render Token Breakout: Is a New ATH on the Way?

The post Render Token Breakout: Is a New ATH on the Way appeared first on Coinpedia Fintech News Render Token (RNDR) is on the move again, climbing 864% in just 24 hours to hit $765 After months of

Andrew Tate Makes the Case for Bitcoin Over Other Investment Options

Andrew Tate, former kickboxer and social media personality, has made the case for investing in bitcoin over other assets, such as gold and real estate On social media, Tate expressed worries about

Crypto LIVE Price (Nov 18th, 2024): Bitcoin Price Holds Steady | MANTRA & HEDERA Soar High

The post Crypto LIVE Price (Nov 18th, 2024): Bitcoin Price Holds Steady | MANTRA & HEDERA Soar High appeared first on Coinpedia Fintech News The crypto market has shown negligible changes since

Thala recovers $ 25.5M After Hackers’ Attack

The post Thala recovers $ 255M After Hackers’ Attack appeared first on Coinpedia Fintech News Thala Labs, a DeFi platform working on the Aptos Blockchain; was able to restore the stolen $255