Thursday, 20 February 2014

Jonathan suspends Sanusi as CBN gov

 CBN Governor, Sanusi Lamido Sanusi

President Goodluck Jonathan on Thursday suspended Mallam  Lamido Sanusi as the Governor of the Central Bank of Nigeria. The suspension order was contained in a statement by the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati.

Abati said Jonathan had found out that Sanusi’s tenure as the CBN governor has been characterised by acts of financial recklessness and misconduct which are inconsistent with his administration’s vision.

He named a Deputy Governor of the CBN, Dr. Sarah Alade, as the acting governor. He said Alade would remain in charge until the conclusion of ongoing investigations into breaches of enabling laws, due process and mandate of  the CBN.

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