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Emefiele: DSS Release Detained CBN Deputy Governor


The Department of State Services (DSS) has released the detained Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Economic Policy, Kingsley Obiora.

It was gathered that Obiora, who had been with the team of investigators since Wednesday, has been released.

It was also gathered that the secret police is looking into allegations of financial mismanagement under Godwin Emefiele, the suspended apex bank governor.

A source familiar with the 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 Emefiele’s alleged corruption.


Speaking to Daily Trust, a source within the CBN alleged that the Special Investigations Panel set up by President Bola Tinubu to investigate the tenure of Emefiele might be instrumental to the invitation as part of a move to get him to stand as a witness.

It was also revealed that the Jim Obazee-led special panel has been questioning the deputy governors of the CBN, as well as other senior officials of the bank, as part of an ongoing audit.

The source said, “Let us be clear. No one is accusing Dr Obiora of fraud or theft. Dr Obiora, like other deputy governors, had been questioned severally by the panel before his detention.”





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