EFCC Reportedly Detains Emefiele After Release From DSS Custody

According to reports, on Thursday, Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), was taken from the Department of State Services (DSS) and taken up by the Economic and Financial Crimes Commission (EFCC).

Despite the unavailability of official confirmation, media reports suggest that Emefiele is currently undergoing interrogation at the EFCC headquarters in Abuja.

Emefiele has been in the custody of the DSS since June, following his suspension by President Bola Tinubu.

After his suspension, the DSS announced that Emefiele was in its custody for “some investigative reasons”.

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On July 25, he appeared before a Federal High Court in Lagos, where he was arraigned on a two-count charge linked to the “illegal possession” of firearms.

He was subsequently granted bail in the sum of N20 million.

On August 17, the Federal Government withdrew the two-count charge, resulting in its subsequent dismissal.

However, an additional 20 charges were brought against Emefiele by the Federal Government, which accused him of conspiring to engage in procurement fraud and other illegal activities.

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