Fun

Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists

News Feed - 2022-12-28 06:12:09

Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists


The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in public. The DSS is still seeking to apprehend Emefiele despite losing its bid to have a Nigerian court sanction the arrest. Nigerian Court Refuses to Back Arrest Plot


As the controversy surrounding the failed arrest of Central Bank of Nigeria (CBN) governor Godwin Emefiele continues to hog the limelight, a new report by Sahara Reporters said operatives from Nigeria’s Department of State Services (DSS) have an order to “arrest him on sight.” In addition, the report, which relies on the testimony of unnamed sources, said operatives are also monitoring movements at the CBN headquarters as well as at the Emefiele family residence in Lagos.


As explained in the report, the DSS’ unconfirmed plan to arrest Emefiele, who was part of Muhammadu Buhari’s entourage to the US-Africa Leaders’ Summit, came a few weeks after a Nigerian High Court judge, John Tsoho, turned down the security agency’s bid to have the CBN governor arrested. In his judgment, Tsoho reportedly slammed the DSS for attempting to use a deceptive lawsuit “to deprive a person [Emefiele] of his liberty.”


Opponents of CBN’s Cashless Policy Want Emefiele Removed


However, the court’s ruling has seemingly not stopped the DSS from seeking to arrest Emefiele, whom it accuses of funding terrorists. Rumors suggesting that the DSS still wants to arrest the official have reportedly forced the CBN governor to avoid public gatherings including a scheduled appearance before Nigerian legislators.


“Emefiele has refused to return to Nigeria claiming heart ailment. He was supposed to return to Nigeria yesterday after travelling with [President Muhammadu] Buhari to the US-Africa Leadership Summit in Washington DC,” an unnamed source reportedly said.


The source also speculated that Emefiele will continue playing hide and seek with the DSS before eventually leaving his position as CBN governor.


Meanwhile, a report by Legit suggested that Emefiele’s troubles with the DSS are instigated by politicians dissatisfied with the CBN’s decisions, including the recent introduction of new naira banknotes. Another report speculated that the DSS plot to arrest the CBN governor is being backed by groups opposed to the central bank’s cashless policy.


Register your email here to get a weekly update on African news sent to your inbox:

Tags in this story Cashless, cbn, Central Bank of Nigeria (CBN), Department of State Services (DSS), Godwin Emefiele, Muhammadu Buhari


What are your thoughts on this story? Let us know what you think in the comments section below. Terence Zimwara


Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. Report: R&B Artist Akon Denies Claims His Crypto City Dream Is Crumbling AFRICA | 17 hours ago Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving "Feedback From Stakeholders" AFRICA | 4 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleCrypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom Next articlePublicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItToday"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits


As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto

News Feed

XRP Open Interest Has Surged 36% In Two Weeks – Is Momentum Building?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39
Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39 Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWER
Leading Colombian bank launches crypto exchange and peso stablecoin
Prashant Jha12 hours agoLeading Colombian bank launches crypto exchange and peso stablecoinThe Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research.1842 T
Chinese Indexes Company Launches Hang Seng Metaverse Index
Chinese Indexes Company Launches Hang Seng Metaverse Index A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related
Toncoin Eyes Notable Uptrend After Breaking Above This Key Chart Pattern
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Solana traders chase $180 target after SOL gains 13% in 2-days
Marcel Pechman3 hours agoSolana traders chase $180 target after SOL gains 13% in 2-daysA surge in Solana network activity, memecoin prices and optimistic derivatives markets could be a sign that SOL is aiming for $180.15
‘Public’ Adds Cryptocurrency Trading Citing Millions of Investors See Crypto as ‘Compelling Asset Class’
"Public" Adds Cryptocurrency Trading Citing Millions of Investors See Crypto as "Compelling Asset Class" Investing platform Public, with over 1 million users, is rolling out crypto
Solana memecoin Slerfsol recovers after $10M token burn fiasco
Zhiyuan Sun8 hours agoSolana memecoin Slerfsol recovers after $10M token burn fiascoThe memecoin has surpassed a market cap of $500 million despite an embarrassing launch.2020 Total views32 Total sharesListen to article
DeFi hub Chainage seeks tokenholder approval for $13M capital raise
Zhiyuan Sun6 hours agoDeFi hub Chainage seeks tokenholder approval for $13M capital raise“Pending DAO approval, we will advance with the particulars of the investment and detail the precise arrangements and plans,” t
Bitcoin whale wallets move $61M in BTC after a decade of dormancy
Brayden Lindrea7 hours agoBitcoin whale wallets move $61M in BTC after a decade of dormancyThe two wallets acquired a total of 1,000 Bitcoin more than 10 years ago when 1 BTC was worth $134.6829 Total views18 Total share
Survey: Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes
Survey: Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes A new survey, whose results were released earlier this week, has given
Derek Andersen7 hours agoSEC charges company behind Stoner Cats NFT series with unregistered securities saleThe animated series, accessible only to NFT holders, had a cast that included Vitalik Buterin, Gary Vaynerchuk a