Godwin Emefiele's immediate suspension as governor of the Central Bank of Nigeria (CBN) was ordered by President Bola Tinubu on Friday.
The CBN Governor was placed on administrative leave after an investigation into the activities of the top bank, according to a statement acquired by REGENCY REPORTERS.
Willie Bassey, a Director in the Office of the Secretary to the Government of the Federation has revealed.
“This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy.
“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms,” the statement read.
THE 10 ALLEGATIONS ON EMEFIELE BY DSS
1. Funding Unknown gunmen, ESN and IPOB with money he raised for his failed presidential bid last year and funds diverted from government coffers
2. Mismanagement of Nigeria's social investment program (NISRAL and the Anchor Borrowers Scheme)
3. Illegal economic crimes of National security dimension
4. Money Laundering
5. Unwholesome activities through proxies
6. Round tripping
7. Conferment of financial benefits to self and others
8. Threat to National Security
9. Criminal conspiracy to divert government resources
10. Terrorism financing Per Journalist KC