There are suggestions that the bid to arrest Emefiele might be political given the impact the redesign of the naira and limit on cash withdrawals might have on vote-buying in the 2023 elections.
A number of politicians have complained that the naira redesign is targeted at them but President Muhammadu Buhari has given his full backing to Emefiele over the policy.
A follow-up to Court Stops DSS From Arresting Emefiele
Full-text judgement from Justice John Terhemba Tsoho (Chief Judge, Federal High Court)