Deputy Governor of CBN, Aisha Ahmad, Arrested Amidst Allegations of Share Fraud
Aisha Ahmad, the Deputy Governor of the Central Bank of Nigeria overseeing Financial System Stability, has been apprehended and is currently under detention by the Department of State Services (DSS).
Why did the DSS arrest Deputy Governor of CBN, Aisha Ahmad?
The arrest is linked to allegations of fraudulent acquisition of shares in Polaris Bank, Titan Bank, and Union Bank.
The charges against Ahmad include her purported involvement in the acquisition of shares in Polaris Bank and Titan Bank/Union Bank.
Additionally, the investigation is said to be scrutinizing the intricate details of how Titan Bank allegedly raised the sum of $300 million to finalize the acquisition of Union Bank.
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The Department of State Services has yet to release an official statement on the matter, and further details surrounding the arrest and the specific allegations against Aisha Ahmad are awaited.
The financial community and the public are keenly watching this unfolding situation, anticipating more information to emerge in the coming days.