Burundi's recently dismissed central bank governor has been apprehended on suspicion of money laundering and the misappropriation of public assets.

The charges against Dieudonné Murengerantwari are considered "temporary" pending the results of ongoing investigations, as stated by the justice ministry.

Mr. Murengerantwari has not yet provided a response to these allegations.

On Sunday, President Évariste Ndayishimiye of Burundi relieved him of his duties, just a little over a year after assuming the position.

Burundi's economy is facing a severe crisis, characterized by a shortage of foreign currency, which has hindered the importation of goods. Additionally, the country is grappling with fuel shortages and escalating prices.

According to the World Bank, approximately 65% of the nation's 12 million inhabitants live in poverty.

In a statement, the justice ministry accused Mr Murengerantwari of "undermining the proper functioning of the national economy, passive corruption, money laundering and misappropriation of public assets".

The justice ministry did not provide further details, but Attorney General Leonard Manirakiza stated that the former governor would be held in custody while investigations continued.

Mr. Murengerantwari had initially been appointed to the role, which plays a crucial role in achieving economic stability, for a five-year term but was removed from office during his second year.

Previously, he served as the managing director of Burundi's state-affiliated development bank.

His position has since been filled by Édouard Normand Bigendako, a member of the bank's board.

It is noteworthy that Mr. Murengerantwari is the second central bank chief in Africa to encounter legal issues this year. In June, Nigeria's central bank governor, Godwin Emefiele, was suspended and later charged with illegal possession of a shotgun and cartridges, which he denied.