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Nigeria's Suspended Central Bank Chief Re-Arrested Moments After Winning Bail

© AP Photo / Sunday AlambaNigeria Department of State Services in a misunderstanding with the Nigeria Correctional Service Officer, centre, during a court hearing with Godwin Emefiele, suspended Central Bank governor
Nigeria Department of State Services in a misunderstanding with the Nigeria Correctional Service Officer, centre, during a court hearing with Godwin Emefiele, suspended Central Bank governor - Sputnik Africa, 1920, 26.07.2023
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Former Central Bank Governor Godwin Emefiele was removed from his position by Nigeria's new President Bolo Tinubu in early June, and later detained by the Department of State Services (DSS), the country's secret police.
The suspended governor of the Central Bank of Nigeria, Godwin Emefiele, has been re-arrested after being granted bail.
Emefiele was arraigned in a court in Lagos on a charge of illegal possession of firearms and live ammunition, the local media revealed, at which he reportedly pleaded not guilty and was released on bail by the presiding judge.
However, outside the courthouse, the DSS clashed with prison officials who were preparing to take the banker into custody until his bail was resolved. The secret police proved stronger and managed to re-arrest Emefiele.
Central Bank of Nigeria - Sputnik Africa, 1920, 11.06.2023
Sub-Saharan Africa
Nigeria Security Forces Detain Suspended Central Bank Chief
Nigeria's security services first detained Emefiele in June as part of an investigation into his office activities.
This was preceded by a decision by Nigeria's new president, Bola Tinubu, to remove the Central Bank governor from office amid planned reforms in the financial sector.
Tinubu, who came to power in late May after tight February presidential elections, slammed Emefiele for introducing new money bills reform that led to a critical shortage of cash to pay for daily necessities.

Late last year, the DSS accused Emefiele of terrorism financing, fraud and economic crimes that threatened national security and sought an arrest warrant for the official.

However, the motion was dismissed by the high court, which argued that the service had failed to present any specific evidence.
Emefiele assumed office as governor of the Central Bank in June 2014. In May 2019, he was reappointed for a second term that was supposed to end next June.
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