morning with the president ordering his immediate suspension.
In his place, Jonathan asked the most senior Deputy Governor of the CBN, Dr Sarah Alade to take over in an acting capacity. A statement from the office of the president’s spokesman, Dr Ruben
Abati reads: “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;
“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 will 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.”
Sanusi and the Presidency have been engaged in a running battle over
the suspended CBN’s governor’s allegations of financial impropriety
levelled against the NNPC, which has portrayed government in a bad
light.
New Telegraph | Sanctity of Truth
Comments
Post a Comment