Department of State Services (DSS) has handed the former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele to the Economic and Financial Crimes Commission (EFCC)

Emefiele, who had been in the custody of the DSS since June, regained his freedom last night and was immediately picked up by operatives of the EFCC.

According to sources, the former CBN governor is being interrogated, and there are indications that fresh charges will be filed against him.

The day after he was suspended by President Bola Tinubu, the DSS announced that Emefiele was in its custody for “some investigative reasons.”

On July 25, Emefiele was arraigned at a federal high court in Lagos on a two-count charge bordering on “illegal possession” of firearms. He was later granted bail in the sum of N20 million.

The two-count charge was later struck out on August 17 after the federal government withdrew the same.

Nevertheless, a fresh 20-count charge was instituted against him over an alleged conspiracy to carry out procurement fraud, among others.

The arraignment, however, was stalled twice, and Emefiele has since been proposing a plea bargain agreement.

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

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


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