CBN Deputy Governor, Aisha Ahmad Arrested Over $300 million Scandal
The investigation of the activities of the former governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has reportedly led to the arrest of the current deputy governor of the Bank, Ms Aisha Ahmad by operatives of the Department of State Services (DSS).
Ms Ahmad is reported to have played a key role in the acquisition of majority shares in both Union and Polaris banks.
There is strong allegations that Ms Ahmad “helped” Strategic Capital Investment Limited (SCIL), a consortium owned by Abuja based real estate developer, Lawal Auwal for N50 billion despite the fact that Polaris Bank was valued in excess of N1.5 trillion.
The detained CBN Deputy Governor was also alleged to have helped to get the apex bank to enter into a 25-year agreement with SCIL to repay the N1.3 trillion the CBN invested in bailing out the bank from bankruptcy.
Other allegations include a supposed “fraudulent” raising of $300 million by Titan Bank to acquire Union Bank which was also said to have been brokered by the embattled deputy governor.
FACTSHEET checks reveal that aside from Mr. Emefiele and Aisha Ahmad, other senior management members of the CBN have also been question, though not “arrested” yet.
Emefiele who was suspended from office in June is currently facing a N6.9 billion procurement fraud alongside Ms Sa’adatu Ramalan-Yero at the Federal Capital Territory (FCT) High Court in Abuja.