Peoples Gazette reports that sources in the secret police said that Masanawa was taken into custody three weeks ago and had remained in the DSS custody while their investigation continued.
It was however not immediately clear whether or not the NIRSAL boss had hired lawyers to represent him in the case.
Masanawa’s arrest reportedly stemmed from his role as the managing director of Nigerian Security Printing and Minting Company (NSPMC).
Masanawa resigned from NSPMC after it was reported that he wanted to run for governorship election as a member of the ruling All Progressives Congress (APC) while still in office as the printing and minting boss.
The NSPMC which is a subsidiary of the CBN is responsible for printing and minting Nigeria's currency notes, coins and high-level security documents.
A source privy to Masanawa’s arrest was quoted by Peoples Gazette as saying, “He was conspiring with Godwin Emefiele to loot the printing and minting agency,” adding, “We are still tracing billions they stole.”
However, it was not immediately clear why President Bola Tinubu approved Masanawa’s detention without first suspending him from office, especially since his detention for the past three weeks has crippled NIRSAL’s ability to operate.
Meanwhile, the DSS spokesperson Peter Afunaya reportedly said “No comment,” when asked about Masanawa’s arrest.
Masanawa's arrest came after Tinubu appointed an anti-graft expert, Jim Obazee, to uncover fraud at the CBN and other federal agencies.
From Sahara reporters
Na dem put Emefiele for trouble.
ReplyDeleteOne dan, plenty dey street
Mao Akuh
So Emefiele is a baby or an idiot that will break the law because of one boy heading a parastatal and taking orders from the same Emefiele? You should get rid of the tribal lens limiting your thinking.
DeleteNa them them, God will keep exposing them all.
ReplyDeletePoliticians especially this new set just carry una dey play koso game.
ReplyDelete