Terrorism financing: Court stops DSS from arresting Emefiele for alleged involvement

Terrorism financing: Court stops DSS from arresting Emefiele for alleged involvement

A federal high court sitting in Abuja has declined an application by the Department of State Services (DSS) to arrest and detain Godwin Emefiele, gove

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A federal high court sitting in Abuja has declined an application by the Department of State Services (DSS) to arrest and detain Godwin Emefiele, governor of the Central Bank of Nigeria (CBN).

In declining the motion ex-parte filed by an applicant in the absence of the respondent, Justice Tsoho, the chief judge, said that the secret police did not provide any concrete evidence to substantiate its claims that Emefiele was involved in terrorism financing and economic crimes.

A source at the high court, on Monday, December 19, said that, “The honourable judge wondered why the name of the respondent was given simply as ‘Godwin Emefiele’ without a material disclosure that he is the same person as the CBN governor, a highly ranking public official who occupies an extremely sensitive position.”

The court said that such an application should have been accompanied with the presidential approval because of the grave implications for the nation’s economy if the CBN governor is arrested and detained, according to the source.

There are suggestions that the bid to arrest Emefiele might be political given the impact the redesign of the naira and limit on cash withdrawals might have on vote-buying in the 2023 general elections.

A number of politicians have complained that the naira redesign is targeted at them but President Muhammadu Buhari has given his full backing to Emefiele over the policy.

It is worth noting that a group of civil society organisations (CSOs), on Friday, December 16, raised the alarm that there was a plot to frame Emefiele for terrorism and remove him from office.