Former CBN Governor Godwin Emefiele Detained by EFCC for Alleged Impropriety

The Economic and Financial Crimes Commission (EFCC) has taken former Governor of the Central Bank of Nigeria, Godwin Emefiele, into custody as part of an ongoing investigation into alleged impropriety during his tenure at the apex bank.

Emefiele was detained on Thursday night, shortly after his release from the custody of the Department of State Services (DSS).

He is currently undergoing interrogation at the National Headquarters of the EFCC in Jabi, Abuja.

This development follows Emefiele’s previous arrest by the DSS in June, coinciding with his suspension from office by President Bola Tinubu, who cited the “ongoing investigation of his office and the planned reforms in the financial sector of the economy” as the reason for his suspension.

The EFCC’s inquiry into the former CBN governor is expected to shed light on allegations of misconduct during his tenure and contribute to the broader examination of financial sector reforms.

The investigation is being closely monitored by both the public and the financial sector, as it underscores the commitment to transparency and accountability in Nigeria’s financial institutions.

Emefiele’s detention marks a significant development in this ongoing investigation, with the EFCC taking deliberate steps to ascertain the facts and ensure a just resolution to the matter.