Godwin Emefiele, governor of Nigeria's central bank, speaks during the Nigeria Capital Markets and Banking Forum in London, U.K., on Friday, Oct. 27, 2017. The Nigerian government is looking to plug a 2017 budget deficit that it forecast at 2.3 trillion naira, or 2.2 percent of GDP following a revenue shortfall caused by the decline of output and price of oil, its main export. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
The immediate past governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, regained his freedom from DSS custody last night, October 26, and was immediately picked up by operatives of the Economic and Financial Crimes Commission (EFCC).
The Cable reports that he was picked up for further interrogation and there are indications that fresh charges will be filed against him.
Emefiele had been in the custody of the Department of State Services (DSS) since June after President Bola Tinubu suspended him from office. He was thereafter asked to transfer his responsibilities to Folashodun Adebisi Shonubi, then deputy governor, operations directorate at the apex bank.
The day after, the DSS announced that Emefiele 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 same.
However, a fresh 20-count charge was instituted against him over an alleged conspiracy to carry out procurement fraud, among others.
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