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PRESIDENT TINUBU SUSPENDS EMEFIELE FROM OFFICE AS CENTRAL BANK GOVERNOR AND MIGHT BE PROSECUTED
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This was signed byMr Bassey the director information on behalf of the secretary to the federal Government.
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.
Report has it that he might be arrested and prosecute any moment from now.