How Godwin Emefiele Was Arrested While Fleeing Nigeria By Road

Published on June 10, 2023

Godwin Emefiele Arrested While Fleeing Nigeria By Road In Lagos – Untold Truth By Insiders

New Revelations Emerge Regarding the Arrest of Godwin Emefiele, the Suspended CBN Governor

New details have emerged regarding the arrest of Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN). Reliable sources have revealed that the Department of State Services (DSS) apprehended Emefiele as he attempted to flee the country through a land border in Lagos. He was subsequently flown from Lagos to the Federal Capital Territory, Abuja, after his arrest on Friday evening. This development comes on the same day that President Bola Ahmed Tinubu suspended Emefiele from office with immediate effect, citing the need for investigations and reforms in the financial sector.

Earlier this year, in February, we reported on the DSS’s previous attempt to arrest Emefiele. However, on that occasion, Chief of Defence Staff Gen Lucky Irabor provided soldiers to guard the CBN governor’s residence and office, effectively shielding him from arrest. The DSS had intensified its investigations into Emefiele, focusing on allegations of terrorism financing and fraud.

It was also revealed in January that Irabor had interfered in the DSS investigation by offering protection to Emefiele upon his return to Nigeria from the United Kingdom, thus enabling him to evade arrest.

According to court documents obtained from the DSS, Emefiele stands accused of funding “unknown gunmen” who have been causing unrest in the Southeast region of the country. The investigation reportedly uncovered evidence that the funds raised by Emefiele for his failed presidential bid in 2022 were diverted into financing these groups. The DSS alleges that the funds and vehicles intended for Emefiele’s presidential campaign were instead used to support the activities of the “Unknown Gunmen,” the Eastern Security Network (ESN), and elements of the proscribed Indigenous People of Biafra (IPOB). These actions, the DSS claims, were aimed at subverting and sabotaging the administration of former President Muhammadu Buhari.

Further revelations indicate that Emefiele has been linked to a notorious terror financier, who received funds from the CBN governor for onward transfer to controversial Islamic cleric Sheikh Ahmad Gumi.

Gumi has been known to associate with terrorists and bandits and has advocated for granting amnesty to these criminal elements. In 2022, one of Gumi’s associates, Tukur Mamu, was detained by Interpol at Cairo International Airport in Egypt on suspicions of international terrorist connections. Upon his return to Nigeria, Mamu was arrested by the DSS.

The secret police’s preliminary investigation into Emefiele has exposed various acts of terrorism financing, fraudulent activities, and economic crimes of national security significance.

The CBN governor is also accused of mismanaging the CBN subsidiary, NISRAL, and the central bank’s Anchor Borrowers Programme. Additionally, the DSS has leveled accusations of fraud, money laundering, round-tripping, and the provision of financial benefits to himself and others against Emefiele.

These recent revelations have sent shockwaves through the Nigerian financial sector and have raised serious questions about the governance and integrity of the apex bank.

As the investigations continue and the full extent of Emefiele’s alleged involvement in these activities becomes clearer, the nation awaits the implementation of necessary reforms to ensure accountability, transparency, and the restoration of trust in the CBN.