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Media Foundation for West Africa's (MFWA) correspondent reported that no reasons have so far been given for his arrest and subsequent detention.
According to eye witnesses, Sy Savané was arrested in his office in Cocody (Abidjan) at about 1pm. His office was also thoroughly searched and computers from the office taken away and returned to the office after an hour.
Cyclone Publishing Limited is owned by the second wife of ex-President Laurent Gbagbo. The company publishes two dailies, Le Temps and LG Info as well as a weekly Luxury Mag.
The correspondent said the journalists of Le Temps newspaper believe his arrest is related to a trip he made to neighbouring Ghana last week. Many pro-Gbagbo loyalists including the militants, who fought on his side, took refuge in Accra, Ghana's capital after Gbagbo was arrested in April 2011.
Source: allAfrica.com