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SSS Arrests CBN Deputy Governor Over ‘Share Acquisition’ Scandal

The State Security Service (SSS) has arrested Aisha Ahmad, the Deputy Governor of the Central Bank of Nigeria (CBN), who is responsible for Financial System Stability in Nigeria

Ms. Ahmad’s arrest is linked to her “alleged fraudulent acquisition of shares in Polaris Bank, Titan Bank/Union Bank,” according to NTA’s report.

“The CBN Deputy Governor is currently being interrogated on how $300 million to complete the acquisition of Union Bank was raised by Titan Bank,” NTA reported on its X handle.

While the detail of her arrest is still sketchy, it could be recalled that Ahmed’s former boss at the CBN, Godwin Emefiele, is still in SSS custody, over two months after he was arrested, following his suspension by President Bola Tinubu.

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Emefiele, the suspended Governor of the Central Bank of Nigeria, was first charged with possession of a firearm but was later charged with N6.9 billion fraud.

The circumstances surrounding Ahmad’s arrest remains enigmatic, with neither the Central Bank of Nigeria nor the State Security Service issuing official statements about the developments.

GOOD EVENING NIGERIA will provide update as the issue unfolds.

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