In a dramatic turn of events, Kingsley Obiora, the Deputy Governor of the Central Bank of Nigeria (CBN) in charge of economic policy, has been arrested by the Department of State Services (DSS).
The arrest is reportedly linked to allegations of financial mismanagement under the suspended CBN governor, Godwin Emefiele.
Obiora is believed to be a key witness against Emefiele in the ongoing investigation.
Prior to his role at the CBN, Obiora served as an alternate executive director at the International Monetary Fund (IMF) in Washington, DC, where he represented the interests of several African countries, including Nigeria.
This arrest follows the recent detention of another top CBN official, Abbas Masanawa, as the DSS seeks to uncover the extent of Emefiele’s alleged corruption.
Emefiele himself has been in DSS custody since June 10, 2023, following his removal from office by President Bola Tinubu.
This article was updated 4 weeks ago
