CBN Denies EFCC’s Arrest Of Its Deputy Governor

The Central Bank of Nigeria has described as false report alleging that one of its Deputy Governors was arrested by officials of the Economic and Financial Crimes Commission (EFCC).

The CBN in a statement signed by Isaac Okorafor, it’s Acting Director, Corporate Communications Department on Wednesday, said the report as “a mere figment of the writer’s imagination”.

The apex Bank further said it will not be distracted in its duty to ensure stability in the financial system.

The report comes days after the CBN injected $195 million into various segments of the inter-bank Foreign Exchange Market.

The statement reads: “The attention of the Central Bank of Nigeria (CBN) has been drawn to a newspaper report alleging that one of its Deputy Governors was arrested and made to forfeit some amount of money to the Economic and Financial Crimes Commission (EFCC).

“We wish to state categorically that there is no iota of truth in the said report and it is, without doubt, a mere figment of the writer’s imagination.

“The Bank and its officials 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.”