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Home Crime

DSS Arrests Kingsley Obiora, CBN Deputy Governor

Vital News by Vital News
September 1, 2023
in Crime, News
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DSS Arrests Kingsley Obiora, CBN Deputy Governor

Kingsley Obiora

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The Department of State Security (DSS) has arrested Kingsley Obiora, the Deputy Governor of the Central Bank of Nigeria (CBN).

Obiora is in charge of the bank’s economic policy.

Obiora is said to be spending four nights in custody undergoing questioning by the security service.

The DSS has been looking into allegations of financial mismanagement under Godwin Emefiele, the ousted governor.

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Kingsley Obiora

Emefiele, who was first appointed as CBN governor in June 2014, has been in SSS since June 10, 2023, a day after he was controversially removed from office by President Bola Tinubu.

While two federal judges have ordered 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.

A source familiar with Mr Obiora’s arrest said he was being targeted as a principal witness against his boss.

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.

Obiora, born March 6, 1976, was a policy chief at the International Monetary Fund and advised former finance minister Ngozi Okonjo-Iweala.

He was also an adviser to Emefiele until March 2, 2020, when he was confirmed to his current position as one of CBN’s four deputy governors.

Tinubu, in late July, appointed a special investigator to probe the CBN and other federal agencies suspected of long fostering a culture of public graft.

Jim Osayande Obazee resumed work in early August at CBN, officials said. ( The Gazette /vitalnewsngr.com)

Tags: arrestCBNDSSEmefiele
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