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| Sanusi Lamido Sanusi has been embroiled in controversy during his tenure at the CBN |
Jonathan Suspends CBN Governor, Sanusi
The Nigerian President, Goodluck Jonathan, has suspended Mr.
Sanusi Lamido Sanusi from his position as the Governor of the Central Bank of
Nigeria.
The suspension was announced in a statement signed by the
Special Adviser to the President on Media and Publicity, Dr. Reuben Abati.
The statement read that, “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 characterised 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;
“Being also deeply concerned about far-reaching
irregularities under Mallam Sanusi’s
watch which have distracted the Central Bank away from the pursuit and
achievement of its statutory mandate; and being determined to urgently
re-position the Central Bank of Nigeria for greater efficiency, respect for due
process and accountability, President Goodluck Ebele Jonathan has ordered the
immediate suspension of Mallam Sanusi Lamido Sanusi from the Office of Governor
of the Central Bank of Nigeria.
“President Jonathan has further ordered that Mallam Sanusi
should hand over to 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 President expects that as Acting Governor of the
Central Bank, Dr. Alade would focus on the core mandate of the Bank and conduct
its affairs with greater professionalism, prudence and propriety to restore
domestic and international confidence in the country’s apex bank.
“The Federal Government of Nigeria reassures all
stakeholders in Nigeria’s financial and monetary system that this decision has
been taken in absolute good faith, in the overall interest of the Nigerian
economy and in accordance with our laws and due process.”
Source: Channels TV
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