Home Business CBN Denies Arrest of Deputy Governor, Threatens Lawsuit

CBN Denies Arrest of Deputy Governor, Threatens Lawsuit


By Nse Anthony-Uko
(Sundiata Post) — The Central Bank of Nigeria CBN) has denied report alleging that one of its deputy governors was arrested by the Economic and Financial Crimes Commission  (EFCC) and made to forfeit N200 million.
The apex bank also threatened to file a lawsuit against any report that aims to tarnish its image.
The CBN, in statement by its acting director, Corporate Communications, Mr Issac Okorafor said, “there is no iota of truth in the said report and it is, without doubt, a mere figment of the writers imagination.
There had been reports of the arrest of the CBN deputy governor who is also nursing a governorship ambition, in August this year, but the apex bank said the reports of the arrests were false.
Okorafor said apex bank will not be “distracted from the onerous task of ensuring stability in the financial system and indeed the economy, at this critical time.
“However, such persons(s) bent on disparaging the Bank and its officials should note that legal options would be explored to protect its reputation from being tarnished in any manner.
We therefore implore members of the media to always exercise caution and endeavor to verify their stories before rushing to the press.

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