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DSS Arrests CBN Deputy Gov Kingsley Obiora

The Department of State Services (DSS) has arrested Kingsley Obiora, Deputy Governor of the Central Bank of Nigeria (CBN) in charge of economic policy.

According to reports, his arrest followed allegations of financial mismanagement under Godwin Emefiele, the suspended CBN governor.

Reports said Obiora was being targeted as a principal witness against Emefiele, his boss.

Emefiele had been in the custody of the DSS since his arrest on June 10 following his suspension by President Bola Tinubu on June 9, 2023.

Obiora, born March 06, 1976, resumed as a Deputy Governor in the CBN on March 02, 2020.

Before this, he was an alternate executive director in the International Monetary Fund (IMF) in Washington, DC, USA.

In this capacity, he was a member of the executive board, collectively responsible for conducting the daily operations of the IMF.

He also assisted in representing the interests of 23 African Countries, including Nigeria, on the board.

Abbas Masanawa, another top CBN official, was arrested recently and held in the custody of the DSS, seeking to determine the steepness of Emefiele’s alleged corruption



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