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updated 10:20 AM UTC, Dec 13, 2023

Deputy Governor Of CBN Not Arrested: Central Bank Of Nigeria

Unic Press UK: Central Bank of Nigeria (CBN) has denied the reports in circulation that one of its deputy governors’ Adebayo Adelabu was apprehended by and placed in custody of the Economic and Financial Crimes Commission (EFCC).

CBN, in a press statement Wednesday, signed by its Acting Director of Corporate Communications, Isaac Okorafor, said:

“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.”

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