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HomeUncategorizedMore Trouble For Emefiele As EFCC Detains Him

More Trouble For Emefiele As EFCC Detains Him

The Economic and Financial Crimes Commission (EFCC) has arrested the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

The embattled financial expert was picked up by EFCC operatives Thursday night, less than an hour after he regained his freedom from the dungeon of the Department of State Services.

Emefiele is currently being detained and interrogated at the National Headquarters of the anti-graft agency, Jabi, Abuja.

According to an impeccable source, who spoke on Friday morning, EFCC is probing Emefiele over alleged impropriety during his term as the head of the apex bank.

The source said, “Yes, Emefiele is currently in our (EFCC) custody; he was arrested last night less than an hour after the DSS freed him. He’s currently being interrogated at the headquarters, as he’s being investigated for alleged misappropriation of funds amongst other things during his term as CBN governor.”

It was gathered that fresh charges may be filed against Emefiele by the EFCC.

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Meanwhile, the spokesperson for the EFCC, Dele Oyewale, could not be reached for official confirmation when contacted by our correspondent on Friday.

The former CBN boss was picked up by the DSS the night he was suspended from office by President Bola Tinubu.

The DSS, a day after Emefiele’s arrest, announced that the former CBN was in its custody for ‘some investigative reasons’.

On July 25, he was arraigned on a two-count charge bordering on “illegal possession” of firearms at a federal high court in Lagos and was granted bail in the sum of N20 million.

The two-count charge was later struck out on August 17 after the Federal Government withdrew the same.

However, a fresh 20-count charge was instituted against him over an alleged conspiracy to carry out procurement fraud, among others.

The arraignment has been stalled twice, and Emefiele was reported to have proposed a plea bargain agreement with the Federal Government.

The proposed agreement required Emefiele to resign as CBN governor and ‘disgorge’ some assets.

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

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