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HomeNewsDSS seizes Emefiele’s passport, plans home and office search

DSS seizes Emefiele’s passport, plans home and office search

After a week of the arrest of the former governor of the Nigerian central bank, Godwin Emefiele, his passport has now also been confiscated by the Department of State Services(DSS). And further plans to search his home and office are also said to be in motion.

Emefiele was initially suspended by the new president of Nigeria, Bola Tinubu and was later arrested and flown to the headquarters of the DSS last Saturday.


DSS had earlier confirmed that Godwin Emefiele was in custody for investigation reasons without going into much details.

He was suspended on Friday and arrested the following day after nine years of overseeing Nigeria’s monetary policies.

Reports revealed that it was standard procedure for his travel document to be seized pending the conclusion of the ongoing investigation.

The source said;

“Of course, Emefiele’s travel document would be confiscated as part of the standard process pending the conclusion of our investigation. Also, as part of the investigation, his house and office would be searched for documents that can aid the ongoing investigation on his management of the CBN.”

The DSS has also accused him of mismanaging the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and the Anchor Borrowers Programme, also a CBN subsidiary. The Nigerian secret policing body might also revisit his criminal charges bordering on financing terrorism and fraud.

According to a statement from the Secretary to the Government of the Federation, a deputy governor at the bank, Folashodun Adebisi Shonubi has now, immediately taken over the affairs of CBN as its acting governor.

Sola Legend
Sola Legendhttps://naijabeat.com
I work as a Breaking News Reporter for Naijabeat, where I primarily report on trends in entertainment and viral news updates. I am a graduate of Electronic and Computer Engineering with a Master's Degree in Information and Technology from Leeds Beckett University, United Kingdom Got a lead on some breaking or interesting news? My Direct Messages on Twitter are always open at @iamsolalegend.

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