News

DSS Arrest CBN Deputy Governor, Kingsley Obiora

The Department of State Services (DSS) has allegedly the deputy governor of the Central Bank of Nigeria (CBN) in charge of economic policy, Kingsley Obiora.

According to Peoples Gazette, the CBN deputy governor has spent four nights in the custody of the DSS.

It was gathered that the secret police is looking into allegations of financial mismanagement under Godwin Emefiele, the suspended apex bank governor.

A source familiar with the arrest said he was being targeted as a principal witness against his boss.

Another top CBN official, Abbas Masanawa, was arrested recently and held in custody as officials seek to determine the steepness of Emefiele’s alleged corruption.

The publication did not promptly hear back from the SSS and CBN about Obiora’s detention, which officials said was not entirely unexpected given his knowledge of CBN’s policy decisions.

Obiora, born March 6, 1976, was a policy chief at the International Monetary Fund and advised former finance minister Ngozi Okonjo-Iweala. He was also an adviser to Emefiele until March 2, 2020, when he was confirmed to his current position as one of CBN’s four deputy governors.

Recall that Emefiele, who was first appointed as CBN governor in June 2014, has been in SSS since June 10, 2023, a day after he was controversially removed from office by President Bola Tinubu.

TruetellsNigeria

Recent Posts

EKEDC ADVISES CUSTOMERS AGAINST PAYING INDIVIDUALS FOR METER PROCUREMENT AND INSTALLATIONS

Eko Electricity Distribution Company (EKEDC) has urged its customers to avoid paying individuals and unauthorized…

15 hours ago

Japan Tobacco International Nigeria Remains Committed to Environmental Conservation, Marks 2024 World Clean-up Day

As part of its unwavering commitment to environmental preservation, Japan Tobacco International Nigeria, a member…

16 hours ago

Glo-sponsored African Voices Playmakers hosts Wole Soyinka

African Voices Playmakers, CNN International’s  magazine programme, will this week host world renowned playwright, dramatist,…

16 hours ago

WEMA BANK SET TO LAUNCH SEASON 4 OF ITS 5 FOR 5 PROMO REWARD INITIATIVE From October 1st, 2024

  Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank,…

16 hours ago

GTCO’s Guaranty Trust Bank named best bank for corporate social responsibility in Nigeria by Euromoney

Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company…

23 hours ago

40-year-old Nigerian man commits suicide over hardship

A 40-year-old man identified as Jibrin Adamu has committed su!cide by hanging himself in Marika…

1 day ago