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Home Headline News

CBN denies arrest of deputy governor, threatens to go to court

Arin Odumusi by Arin Odumusi
October 5, 2017
in Headline News
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CBN denies arrest of deputy governor, threatens to go to court
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The Central Bank of Nigeria has denied that its deputy governor, Adebayo Adelabu, had been arrested and made to forfeit N200 million to the Economic and Financial Crimes Commission, EFCC.

The bank also threatened to file a lawsuit against any writer of reports aimed at tarnishing the image of the bank.

“There is no iota of truth in the said report and it is, without doubt, a mere figment of the writer’s imagination,” Mr Issac Okoroafor, the chief image maker of CBN said.

He stated further that the apex bank would not be “distracted from the onerous task of ensuring stability in the financial system and indeed the economy, at this critical time.”

He added:  “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 endeavour to verify their stories before rushing to the press.”

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