The DSS has reportedly arrested and detained the Deputy Governor of the CBN in charge of Financial System Stability, Aisha Ahmad.

According to NTA, Ahmad was arrested over her “alleged fraudulent acquisition of shares in Polaris Bank, Titan Bank/Union Bank.”

“The CBN Deputy Governor is currently being interrogated on how $300 million to complete the acquisition of Union Bank was raised by Titan Bank,” the report added, Ahmad was appointed Deputy CBN governor on October 6, 2017, replacing Sarah Alade, who retired in March 2017. She was confirmed by the Nigerian Senate on March 22, 2018.

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Recall that Ahmed’s former boss at the CBN, Godwin Emefiele, is still in DSS custody, over two months after he was arrested.

Emefiele, the suspended Governor of the Central Bank of Nigeria, was first charged with possession of a firearm but was later charged with N6.9 billion fraud.