Deputy Governor of Nigeria’s Central Bank Arrested Over Alleged Fraudulent Share Acquisition
The State Security Service (SSS) has reportedly arrested Aisha Ahmad, the Deputy Governor of the Central Bank of Nigeria (CBN) responsible for Financial System Stability. The arrest pertains to allegations of her involvement in the “fraudulent acquisition of shares in Polaris Bank, Titan Bank, and Union Bank.”
According to Nigeria’s state television, NTA, Ms. Ahmad is currently under interrogation regarding her alleged role in raising $300 million to complete the acquisition of Union Bank by Titan Bank.
Details surrounding the arrest of Aisha Ahmad remain limited, and neither the CBN nor the SSS has issued an official statement regarding the matter. This development was first reported late on Saturday, and further updates are expected as the situation unfolds.
This incident follows the prolonged detention of Ms. Ahmad’s former superior at the CBN, Godwin Emefiele, who has been in SSS custody for over two months. Initially charged with firearm possession, Mr. Emefiele, the suspended Governor of the Central Bank of Nigeria, now faces accusations of involvement in a N6.9 billion fraud case.
As the investigation into Aisha Ahmad’s arrest continues, more information is anticipated in subsequent reports.