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Godwin Emefiele

All articles tagged with #godwin emefiele

legalcriminal-justice2 years ago

"Suspended Nigerian Central Bank Chief Faces 20 New Charges"

Nigerian prosecutors have filed a 20-count indictment against suspended central bank governor Godwin Emefiele, including charges of "conferring unlawful advantages." President Bola Tinubu launched a probe into the central bank's policies under Emefiele, who has been held in detention since June 10. Emefiele has pleaded not guilty to a charge of possessing a firearm and has challenged his detention. The specific details of the new charges are not yet known.

politics2 years ago

"From Arrest to Denial: The Controversial Journey of Nigeria's Suspended Central Bank Governor"

Godwin Emefiele, the suspended governor of the Central Bank of Nigeria, has been charged with illegally owning a shotgun and cartridges, following his arrest by the Department of State Services (DSS). Emefiele denies the charges and has been granted bail. The arrest comes after he was criticized by President Bola Tinubu for a failed attempt to redesign the currency, the naira, to prevent vote-buying during the presidential election. Emefiele's tenure as governor has been marked by economic turmoil, and he is seen by many as an integral figure in the government's mismanagement of the economy. The case against him is seen by some as a distraction for the new government, which is already facing criticism over its handling of the economy.

politics2 years ago

Suspended Nigeria Central Bank Governor Charged After Court Ruling

The suspended governor of the Central Bank of Nigeria, Godwin Emefiele, has been charged after being detained for over a month. The charges were filed following a court directive, and Emefiele is being investigated for alleged "criminal infractions." The specific charges have not been specified. Emefiele had previously been accused of terrorism financing and economic crimes.

politics2 years ago

DSS Raids Emefiele's Homes, Seizes Electronics and Cash

The Directorate of State Services (DSS) has searched the Lagos and Abuja residences of the suspended Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, and his office at the bank's headquarters in Abuja. The DSS is investigating Emefiele over his conduct during his tenure as Governor of the CBN. During the searches, the DSS took away old phones, laptops, watches, and N250k in cash found in his bedroom. Emefiele is now able to see his lawyers and wife after a court order.

politics2 years ago

DSS uncovers plots to frustrate Emefiele's investigation.

The Department of State Security (DSS) has warned against campaigns of calumny against it and the Federal Government over the suspension and subsequent investigation of Mr Godwin Emefiele. The DSS also confirmed that Emefiele had been allowed to see his doctor and lawyer even before a court order. The DSS had granted the family of Emefiele, medical officials, and appropriate persons access to him right from the day he was taken in and obtained a court order to do so.

politics2 years ago

DSS warns against plots to frustrate Emefiele's investigation.

The Department of State Services (DSS) has warned against a planned campaign of calumny against it and the government over the suspension and investigation of Godwin Emefiele, the former Governor of the Central Bank of Nigeria. The DSS has identified persons and groups intending to gather in Abuja and Lagos with placards depicting the Service and the government in bad light and calling for the immediate release of Emefiele. The DSS has assured the public of its professionalism in the current matter(s) under its purview and warned the plotters to desist from their plans.

politics2 years ago

DSS warns against campaign and protests targeting Emefiele.

The Department of State Services (DSS) has warned against a campaign of calumny against it and the government over the suspension and investigation of Godwin Emefiele, the former Governor of the Central Bank of Nigeria. The DSS claims that it has identified persons and groups planning to stage such campaigns and warns them to desist from their plans. The Service also claims that it is aware of efforts to infiltrate its fold for the purpose of using disloyal staff for subversive aims against its leadership.

politics2 years ago

Nigeria's Central Bank: A Tale of Leadership Changes.

Nigeria's Central Bank Governor, Godwin Emefiele, has been suspended and arrested for interrogation by the country's secret police. The charges have not been made public, but a government press release cited "an ongoing investigation of his office and planned reforms in the financial sector of the economy" as reasons for the suspension. Emefiele served under former President Muhammadu Buhari for eight years, overseeing Nigeria's biggest economic downturn. His tenure was marked by unorthodox monetary policies, inflation, and a debt profile that soared to more than $150bn.

politics2 years ago

Suspended Nigeria Central Bank Governor Arrested by Security Agency.

Godwin Emefiele, the suspended governor of Nigeria's central bank, has been arrested by the Department of State Services (DSS) for "investigative reasons." Emefiele had been removed from his post on Friday evening by Nigeria's recently installed president, Bola Tinubu, as part of an "ongoing investigation of his office and the planned reforms in the banking sector." Emefiele had been criticized for a number of decisions made while running the Central Bank of Africa's largest economy, most recently for the replacement of old currency with new notes in an attempt to crack down on corruption.

politics2 years ago

Nigeria's President Tinubu Suspends Central Bank Governor Emefiele

Nigeria's President Bola Tinubu has suspended central bank Governor Godwin Emefiele with immediate effect, following ongoing investigation of his office and planned reforms in the financial sector. Tinubu criticised Emefiele's handling of the currency and monetary policy at his inauguration last week and called on the central bank to work towards a unified exchange rate. Emefiele has been directed to hand over operations to the deputy governor, who will act as the central bank governor pending the conclusion of investigation and the reforms.