VAM NEWS UPDATE

A federal capital territory high court in Apo has nullified the arrest and detention of Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN).

Bello Kawu, presiding judge, granted the order on Friday following an application by Emefiele.

On June 9, President Bola Tinubu suspended Emefiele and asked him to transfer his responsibilities to Folashodun Adebisi Shonubi, deputy governor, operations directorate.

The day after, the Department of State Services (DSS) announced that Emefiele was in its custody for “some investigative reasons”.

Emefiele has been in DSS custody since early June, with the service insisting that it obtained a valid court order to keep him.

Details later…