Nicholas Kalu, Abuja September 10, 2023

The Department of State Services (DSS) has invited the deputy governor of the Central Bank of Nigeria in charge of Financial System Stability, Aisha Ahmad, for questioning, The Nation has gathered.

It was learnt she was brought in by the Service over the alleged fraudulent acquisition of shares in Polaris Bank, Titan Bank/Union Bank.

Among other issues, she is being quizzed on how the $300 million to complete the acquisition of Union Bank was raised by Titan Bank, it was gathered.

A reliable source said she was brought in for questioning but had been released.

The source said: “Her name came up in an ongoing probe and it is not out of place to bring her in to clear up some issues.”

The source however did not state details about the investigation.

Ahmad was appointed deputy governor of CBN on 6 October 2017.

She replaced Sarah Alade, who retired in March 2017.

This comes shortly after the deputy governor of CBN in charge of Economic Policy, Obiora Kingsley, was invited for questioning by the Service.

It was gathered Obiora’s questioning was not unrelated to the probe of the suspended Central Bank of Nigeria CBN Governor Godwin Emefiele over allegations of financial mismanagement.

Emefiele is still in the custody of the Service.

The spokesman of the Service, Peter Afunanya, did not comment on the matter.