SSS ARRESTS NIRSAL BOSS, ABBAS MASANAWA, FOR ALLEGEDLY CONSPIRING WITH EMEFIELE TO LOOT PRINTING AND MINTING CORPORATION.

Tunji Wusu –

The SSS has arrested Abbas Umar Masanawa, the chief executive officer of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL, for his alleged role in the ongoing corr¥ption probe of suspended CBN chief, Godwin Emefiele.

According to Peoples Gazette, informed SSS insiders said Mr Masanawa was taken into custody three weeks ago and has remained there while their investigation continued. It was not immediately clear whether or not he has hired lawyers to represent him in the case. A spokesman for NIRSAL did not immediately return a request for comments.

Mr Masanawa’s arrest stemmed from his role as the managing director of Nigerian Security Printing and Minting Company (NSPMC).

He resigned from NSPMC after newsmen reported that he was seeking a governorship election as a member of the ruling APC while still in office as the nation’s printing and minting boss.