Godwin Emefiele, Former CBN Governor, Shifts From DSS To EFCC Custody

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In recent developments, Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), has been reportedly transferred from the Department of State Services (DSS) custody to the Economic and Financial Crimes Commission (EFCC)…CONTINUE READING

On Friday, when asked about this transition, Dele Oyewale, the spokesperson for the EFCC, stated that he had not yet been briefed on the matter.

While there is no official confirmation, media reports indicate that Emefiele is currently undergoing interrogation at the EFCC headquarters in Abuja.

His ordeal began in June when he was suspended by President Bola Tinubu and placed in DSS custody for what was referred to as “investigative reasons.”

On July 25, Emefiele faced a two-count charge related to the “illegal possession” of firearms in a Federal High Court in Lagos and was subsequently granted bail in the amount of N20 million.

However, on August 17, the Federal Government withdrew the two-count charge, leading to its dismissal.

The situation took a different turn when the Federal Government levied an additional 20 charges against Emefiele, accusing him of involvement in procurement fraud and other unlawful activities.

Finally, on September 22, the Central Bank of Nigeria (CBN) officially confirmed Emefiele’s resignation, following the appointment and confirmation of Olayemi Cardoso as the substantive governor of the apex bank.

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