CBN Gov. Emefiele, meets Pres. Buhari at the State House

Details of the meeting have not been made public but it is believed to have centered on the reactions trailing cash withdrawal limits policy of the CBN and allegations of terrorism financing against Emefiele among others

President Muhammadu Buhari on Thursday held a meeting with the Central Bank Governor, Mr Godwin Emefiele, at the State House, Abuja, the second since he “secretly” returned to the country on January 12.

Details of the meeting have not been made public but it is believed to have centered on the reactions trailing cash withdrawal limits policy of the CBN and allegations of terrorism financing against Emefiele among others.

Emefiele had earlier on Thursday while on the delegation of the Arab Bank for Economic Development led by its Director General, Dr Sidi Ould Tah, visited Buhari.

Persecondnews had reported that Emefiele had left the country unannounced in December 2022 on the heels of threat of arrest by the Department of State Service (DSS) over alleged corruption and terrorism financing.

The secret police had sought a court order to arrest him but was rejected by an Abuja Federal High Court.

He returned to Abuja on Sunday and resumed at his office amid water-tight security, according to a CBN statement, after his annual vacation abroad.

On October 20, 2022, Justice Inyang Ekwo sitting in the Federal High Court in Abuja summoned Emefiele over the $53m judgment debt arising from the Paris Club refund.

The court ordered him to appear on Wednesday, January 18, 2023, for hearing of the matter.

Emefiele filed an appeal against the high court ruling, saying that Justice Ekwo erred in law and occasioned a miscarriage of justice when he made an order compelling his attendance in court for the $53 million debt.

However, Wednesday’s proceedings could not go on as scheduled when the case was called, forcing an adjournment untill March 20, 2023.