Thursday, 20 February 2014

Jonathan suspends Lamido Sanusi as CBN gov

President Jonathan has announced the suspension of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi.
This was made known in a statement signed Thursday by Reuben Abati Special Adviser to the President (Media & Publicity.
The statement further Directed that the most Senior Deputy Governor of the CBN, “Dr Sarah Alade who will serve as Acting Governor until the conclusion of on-going investigations into breaches of enabling laws, due process and mandate of the CBN”.
The statement reads thus
Having taken special notice of reports of the Financial Reporting Council of Nigeria and other investigating bodies, which indicate clearly that Mallam Sanusi Lamido Sanusi’s tenure has been characterized by various acts of financial recklessness and misconduct which are inconsistent with the administration’s vision of a Central Bank propelled by the core values of focused economic management, prudence, transparency and financial discipline;
Sanusi

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