Categories: EconomyNews

DSS Arrests Another CBN Deputy Governor Over Allegations of Fraud

The Department of State Security Service, DSS, has reportedly arrested the Deputy Governor of the Central Bank of Nigeria, CBN, Aisha Ahmad, over an alleged fraudulent acquisition of shares in Polaris Bank and Titan Bank (Union Bank).

DSS spokesman, Peter Afunanya, told Channels Television today that he could not confirm or deny that Ahmad is in their custody or has been invited for questioning.

Meanwhile, the CBN deputy Governor is also reportedly being interrogated on how $300 million was raised by Titan Bank to complete the acquisition of Union Bank in 2022.

Speaking on the development, Afunaya stated that in the course of any investigation, people can be invited for questioning, and those invitations are carried out within the ambit of the law.

This is coming about two months after the secret service arrested Ahmad’s former boss at the CBN, Godwin Emefiele who has been in the DSS custody since then.

VOP Lagos

Recent Posts

Bail Revoked: Malami Family Back in Custody Over Alleged Money Laundering

A Federal High Court has revoked the bail earlier granted to former Attorney-General of the…

8 minutes ago

Forensic Experts Recover 105 Bodies from Yelwata Mass Graves as Probe into June 2025 Attack

Forensic specialists have recovered 105 bodies from mass graves in Yelwata, marking a significant development…

33 minutes ago

Supreme Council for Sharia in Nigeria Rejects Foreign Pressure Over Islamic Law

The Supreme Council for Sharia in Nigeria (SCSN) has firmly dismissed reported calls by some…

1 hour ago

Adamawa Governor Fintiri Leads Mass Defection to APC

Ahmadu Umaru Fintiri, the Governor of Adamawa State, has officially left the Peoples Democratic Party…

6 hours ago

Worker Killed as Soldiers Clash With Government Enforcement Team in Ogun State

Tragedy struck in Ogun State after a worker attached to the state’s planning authority was…

6 hours ago

Abaribe, Natasha, Ireti Snubbed as Tinubu Hosts Iftar at Aso Villa

President Bola Tinubu hosted a select group of senators for an Iftar dinner at the…

1 day ago