Nigeria central bank debunks media report on alleged arrest of its deputy director by EFCC

The Central Bank of Nigeria (CBN) has faulted a media report on alleged arrest of one of its deputy directors by the Economic and Financial Crimes Commission (EFCC), stating that that there is no iota of truth in the said report.

In a press statement signed by Isaac Okorafor, its acting director, corporate communications, the CBN said none of its official was ever arrested and made to forfeit some amount of money to the EFCC, adding that the report was a mere figment of the writer’s imagination.

“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 statement read in part.

Okorafor said, the CBN 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.

He however, warned that such persons(s) bent on disparaging the CBN 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,” he noted.