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    Home»DSS»Emefiele Relaesed By DSS, But Rearrested By EFCC
    DSS

    Emefiele Relaesed By DSS, But Rearrested By EFCC

    CrimefightersBy CrimefightersOctober 27, 2023No Comments
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    DSS Uncovers Planned Protest To Demand Emefiele’s Release
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    Embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been released by the Department of State Services (DSS).

    Emefiele was released by DSS on Thursday night.

    He was, however, rearrested by operatives of the Economic and Financial Crimes Commission (EFCC).

    According to reports, the former apex bank boss is being questioned with indications of fresh charges to be filed against him.

    Since he was suspended in June by President Bola Tinubu, Emefiele has been in the custody of the DSS.

    He was asked to hand over his responsibilities to Folashodun Adebisi Shonubi, who was then the deputy governor, operations of the apex bank.

    Emefiele was arraigned on July 25, on a two-count charge bordering on a two-count charge bordering on “illegal possession” of firearms at a federal high court sitting in Lagos.

    He was, however, granted bail in the sum of N20m.

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

    But, in a twist, a fresh 20-count charge was instituted against him over an alleged conspiracy to carry out procurement fraud and others.

    But on two occasions, his arraignment was stalled. The ex-apex bank governor was quoted as professing a plea bargain agreement.

    Reports say part of the agreement was for him to resign as the CBN governor and “disgorge” some assets.

    The apex bank, on September 22, officially confirmed Emefiele’s resignation.

    The President has since appointed Olayemi Cardoso as substantive governor of the Bank.

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