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CBN: DSS arrests, grills Emefiele’s deputy, Obiora

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CBN: DSS arrests, grills Emefiele’s deputy, Obiora

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Department of State Services has arrested the Deputy Governor of the Central Bank of Nigeria, Kingsley Obiora.

It was gathered on Friday that Obiora was arrested about four days ago by the DSS and has since been in the custody of the secret police.

Details of Obiora’s alleged offence were sketchy as of the time of filing this report.

DSS spokesperson, Dr Peter Afunanya didn’t pick calls made to his phone.

The secret police has also yet to make any public statement on the arrest and detention of the CBN deputy governor.

Obiora joined the apex bank as the Deputy Governor on March 2, 2020. Before his appointment, he had served as an Alternate Executive Director at the International Monetary Fund in Washington DC, USA, where he was a member of the Executive Board, collectively responsible for conducting the daily operations of the IMF. Obiora also assisted in representing the interests of 23 African countries, including Nigeria, on the Board.

Recall that in June, the DSS arrested the CBN Governor, Godwin Emefiele in Lagos, shortly after President Bola Tinubu suspended him from office as the apex bank’s boss and ordered a probe of the CBN.

Recently, DSS filed fresh charges against the suspended CBN boss and two other defendants, a female CBN employee, Sa’adatu Yaro and her company, April 1616 Investment Limited, over alleged N6.9 billion procurement fraud, conspiracy and conferring corrupt advantages on his associates.

Emefiele was slammed with these charges barely 24 hours after the Federal Government applied to withdraw the “illegal possession of firearms” case it filed against Emefiele, at the Federal High Court in Lagos.

Director of Public Prosecutions at the Federal Ministry of Justice, Mohammed Bakodo Abubakar, told Justice Nicholas Oweibo that the application followed the result of further investigation.

He made his application orally.

Defence counsel, Joseph Daudu (SAN), however, opposed him, arguing that because the government was in disobedience of the court’s order granting Emefiele bail, its application could not be taken.

Before the suspended CBN governor’s previous charges were withdrawn by the government, he was admitted to N20 million bail on two counts of illegal possession of firearms and ammunition and ordered his remand at the Ikoyi Correctional Centre, pending the fulfilment of his bail conditions.

But Emefiele was rearrested by the DSS after its operatives fought off prison officials on the court’s premises.

The new charge sheet alleged that Emefiele and the two other accused persons bought a fleet of 98 exotic vehicles and armoured buses valued at about N6.9bn.

Eighty four Toyota Hilux trucks, 10 armoured Mercedes Benz buses, three Toyota Landcruisers, and one Toyota Avalon automobile were reportedly purchased between 2018 and 2020.