Emefiele: CBN Dep Gov, Kingsley Obiora, released after three days in custody

The Department of State Service, DSS, has released the Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Economic Policy, Kingsley Obiora. Obiora detained late Friday and released after three days in custody.

Earlier on Friday, reports stated that Obiora was arrested by the DSS, in connection of a wider part of allegations of financial mismanagement under the embattled and suspended governor of the apex bank, Godwin Emefiele, who is in custody of the nation’s secret police.

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.

Obiora, who had been with the team of investigators since Tuesday, was released under some unspecified conditions.

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.”