BusinessNews
Trending

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

The passport of suspended Governor of the Central Bank of Nigeria, Godwin Emefiele has been confiscated by the Department of State Services.

Recall that the CBN Governor was arrested in Lagos last weekend and subsequently flown to Abuja. Punch reported that the DSS may also search Emefiele’s home and office this week.

A source told the publication 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.”

Apart from revisiting the criminal charges it earlier filed against Emefiele which borders on terrorism financing and fraud, the DSS might also arrest or invite top directors of the CBN for questioning over their roles in the administration of the apex bank.

Emefiele has also been accused of mismanaging the CBN subsidiary, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and the Anchor Borrowers Programme.

Related Articles

Back to top button