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

World’s largest sovereign wealth fund Bitcoin exposure not 'intentional'
Ciaran Lyons16 minutes agoWorld’s largest sovereign wealth fund Bitcoin exposure not "intentional"If the fund was aiming to increase its Bitcoin exposure there would be more “evidence of direct exposure initiatives,
Laos Authorizes Cryptocurrency Mining and Trading Activities
Laos Authorizes Cryptocurrency Mining and Trading Activities Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source o
FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange
FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to f
Marcel Pechman6 hours agoDo Bitcoin halvings spark BTC price rallies, or is it US Treasurys?An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies.4433 Total views
India Brings Crypto Transactions Under Prevention of Money Laundering Act
India Brings Crypto Transactions Under Prevention of Money Laundering Act India’s finance ministry has announced that crypto transactions will be covered under the Prevention
RLWC 2021: CoinEx Cheers for Athletes as the Exclusive Cryptocurrency Trading Platform
RLWC 2021: CoinEx Cheers for Athletes as the Exclusive Cryptocurrency Trading Platform press release PRESS RELEASE.On 15 October, England men will face the Samoa men at St James Par
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal
India’s Web3 alliance tightens cybersecurity after WazirX attack
Amaka Nwaokocha11 hours agoIndia’s Web3 alliance tightens cybersecurity after WazirX attackThe BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity
Brayden Lindrea5 hours agoCrypto-friendly Patrick McHenry takes interim House Speaker positionEight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Sp
Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow
Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow The Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto b
3air Solves Africa’s Massive Internet Access Problem With Cardano-Based ISP Platform
3air Solves Africa’s Massive Internet Access Problem With Cardano-Based ISP Platform press release PRESS RELEASE. 3air is using an ISP platform built on Cardano to provide interne
Sotheby’s to Auction Never-Before-Seen Muhammad Ali Artwork NFT
Sotheby’s to Auction Never-Before-Seen Muhammad Ali Artwork NFT On Friday, coinciding with the Summer Olympics opening ceremony, Muhammad Ali Enterprises and t