{"id":107794,"date":"2023-09-15T10:51:48","date_gmt":"2023-09-15T09:51:48","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=107794"},"modified":"2023-09-15T10:51:48","modified_gmt":"2023-09-15T09:51:48","slug":"dss-arrests-fakunle-cbn-finance-director-at-his-retirement-shindig","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/dss-arrests-fakunle-cbn-finance-director-at-his-retirement-shindig\/","title":{"rendered":"DSS arrests Fakunle, CBN finance director, at his retirement shindig"},"content":{"rendered":"<div dir=\"auto\">Benjamin Fakunle, the outgoing finance director at the Central Bank of Nigeria (CBN) has been arrested and detained by the Department of State Service (DSS).<\/p>\n<p>Pointblanknews.com reported that the Secret Service arrested him to find out his role in the recently published seven-year audited accounts of the CBN, which is being alleged to have not followed stipulated accounting and reporting guidelines.<\/p>\n<p>Fakunle, who just retired, is one among many officials of the apex bank who have been arrested and interrogated as Jim Obazee, the Special Investigator appointed by President Bola Tinubu continues the investigation of CBN.<\/p>\n<p>He was said to have been arrested on Wednesday at his retirement party in Abuja and has since been in detention.<\/p>\n<p>Reports say Fakunle is being interrogated on why and how the accounting guidelines, which allegedly deviated from the provisions of the International Financial Reporting Standards (IFRS), was used to prepare the published accounts of the CBN.<\/p>\n<p>He would also be required to explain why some alleged N401 million was paid for the document as against the rules laid down by the Financial Reporting Council of Nigeria.<\/p>\n<p>President Tinubu had, late July, appointed Jim Obazee-led special panel to investigate the CBN following arrest and prosecution of former CBN Governor, Godwin Emefiele, for alleged financial infractions.<\/p>\n<p>Pointblanknews.com further reported that the DSS had since then been questioning the deputy governors of the CBN, as well as other senior officials of the bank, as part of the ongoing audit.<\/p>\n<p>Emefiele has been in the DSS custody since his arrest on June 10, 2023, a day after President Tinubu removed him from office.<\/p>\n<div class=\"yj6qo\" style=\"text-align: justify;\"><\/div>\n<div class=\"adL\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Benjamin Fakunle, the outgoing finance director at the Central Bank of Nigeria (CBN) has been arrested and detained by the Department of State Service (DSS). Pointblanknews.com reported that the Secret&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":107795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-107794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DSS arrests Fakunle, CBN finance director, at his retirement shindig - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/dss-arrests-fakunle-cbn-finance-director-at-his-retirement-shindig\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DSS arrests Fakunle, CBN finance director, at his retirement shindig - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Benjamin Fakunle, the outgoing finance director at the Central Bank of Nigeria (CBN) has been arrested and detained by the Department of State Service (DSS). 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