Following the Department of State Services (DSS) terrorism allegations against Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, the Centre for Financial Surveillance and Illicit Transaction Tracking Group (CFSITT) has warned of impending consequences.
Following his new cash withdrawal policy, the secret police launched an unprovoked attack on the CBN governor.
YOU MAY ALSO LIKE: Buhari Promises A Credible Election That Will Be Accepted By All
The Egmont Group, a 164-country membership forum that provides monetary units with a platform to securely exchange expertise and financial intelligence to combat money laundering and terrorist financing, among other things, said in a statement issued by its Director, John Dimu, that Nigeria would have been suspended if the DSS had falsely accused Emefiele of terrorism.
Due to DSS allegations, Nigeria, according to CFSITT, risks being blacklisted by global financial institutions.
The group also stated that if Nigeria is suspended from the group, it will be embarrassing given that the country was suspended in 2017 due to a lack of a legal framework and autonomy.
Part of the statement read, “We received with disappointment the reports of discovery of a suit secretly filed by the State Security Service wherein it accused Mr Godwin Emefiele of terrorism financing, as well as other crimes it described as economic crimes of national security dimension.
“The allegation that the DSS embarked on this plot to remove the CBN Governor for political and pecuniary reasons is not only a huge shame but against the ethics of the Egmont Group which Nigeria is a member.
YOU MAY ALSO LIKE: Femi Fani-Kayode Slams Atiku For Stepping Stone To Igbo Presidency Promise
“Recall that the group had suspended Nigerian Financial Intelligence Unit, an arm of the Economic and Financial Crimes Commission, after its plenary in Macao, China, on July 2, 2017.
“The group suspended Nigeria as a result of its lack of a legal framework and autonomy. It is quite shocking that DSS could be found being part of this illegal move. We advise DSS to focus on its mandate rather than becoming lapdogs for politicians.”
 terrorism allegations against Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, the){kind=link}