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CBN Governor Accused of Funding Terrorism and Money Laundering by Nigerian Secret Police

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BNN Correspondents
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According to recent court documents, Nigeria's Central Bank Governor, Godwin Emefiele, has been accused of funding terrorism in the Southeast region of the country by the State Security Service (SSS), also known as the Department of State Services (DSS).

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The secret police agency has accused Emefiele of funding the proscribed Indigenous People of Biafra (IPOB) and its militant wing, the Eastern Security Network (ESN), as well as "unknown gunmen".

The DSS investigation revealed that Emefiele used resources he had raised for his failed presidential bid in 2022 and diverted public funds for the funding of the mentioned groups.

The DSS also accused Emefiele of "money laundering, round-tripping, and conferring financial benefit to himself and others" and "criminal conspiracy to divert government resources into suspicious acts of terrorism financing".

The agency sought a court warrant to arrest Emefiele but it was refused due to an irregularity in the procedure adopted by the DSS in its application. The agency filed a new application to detain Emefiele for 60 days to conclude the ongoing investigation.

The DSS claimed that Emefiele is part of a criminal syndicate and used proxies to carry out his illegal economic crimes with a threat to the country's security.

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