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DSS releases Emefiele to EFCC as interrogation continues – Sources

DSS releases Emefiele to EFCC as interrogation continues - Sources %Post Title


Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), regained his freedom last night and was immediately picked up by operatives of the Economic and Financial Crimes Commission (EFCC).

TheCable understands that he is being interrogated 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 handed him a suspension.

He was thereafter asked to transfer his responsibilities to Folashodun Adebisi Shonubi, then deputy governor, operations directorate at the apex bank.

the DSS announced that Emefiele was in its custody for “some investigative reasons”.

On July 25, 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 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.

The arraignment has been stalled twice and TheCable had reported that Emefiele was proposing a agreement.

The agreement required Emefiele to resign as CBN governor and “disgorge” some assets.

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

TheCable on Thursday that Emefiele was on his way to regaining his freedom.(The Cable)

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