CBN deputy governor, Kingsley Obiora released from DSS custody
Kingsley Obiora

The Department of State Services (DSS) has reportedly arrested Kingsley Obiora, the deputy governor of the Central Bank of Nigeria in charge of economic policy.

Obiora, according to a report by Peoples Gazette, has now spent four nights in custody under questioning by the security service, which has been looking into allegations of financial mismanagement under Godwin Emefiele, the suspended governor.

Emefiele has been in DSS custody since June 10, 2023 when he was unceremoniously removed from office by President Bola Tinubu.

While two federal judges have ordered Mr Emefiele’s release, the DSS has continued to find other grounds to hold him in custody, often filing fresh charges to supersede earlier ones for which the top banker had been arraigned.

Peoples Gazette quoted a source familiar with Mr Obiora’s arrest to have said he was being targeted as a principal witness against his boss.

The report said another top CBN official Abbas Masanawa was arrested recently and held in custody, as officials seek to determine the steepness of Mr Emefiele’s alleged corruption.

The Gazette did not promptly hear back from the SSS and CBN about Mr Obiora’s detention, which officials said was not entirely unexpected given his knowledge of CBN’s policy decisions.


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