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CBN Denies Alleged Arrest Of Directors

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CBNThe Central Bank of Nigeria has denied allegations that two of its directors were quizzed and arrested by the Economic and Financial Crimes Commission.

In a report by Punch Newspaper, the apex bank denied the allegation after an enquiry was made on the alleged arrest.

The acting Director, Corporate Communications Department, CBN, Isaac Okoroafor, reportedly said no director of the apex bank had been arrested by the EFCC.

“This is not true. No director of the bank (CBN) has been arrested by the EFCC. The current activities of the CBN in the forex market is a result of months of study, monitoring and planning to tackle the activities of black marketers,” he was quoted as saying.

Continuing, Okoroafor said: “We are succeeding and Nigerians are happy with us. No amount of false rumours and concoctions to ridicule and sabotage the success we have achieved will make us lose our focus at this time.”

It was earlier reported that the Economic and Financial Crimes Commission has arrested two directors of the Central Bank of Nigeria for alleged forex manipulation and economic sabotage.