Thursday, 20 February 2014

Jonathan suspends CBN governor

President Goodluck Jonathan on Thursday suspended the Governor of Central Bank, Sanusi Lamido Sanusi over "various acts of financial recklessness and misconduct". This is contained in a statement by the Special Adviser to the President on Media and Publicity, Dr Reuben Abati. Abati said the president ordered Sanusi to hand over to the most senior Deputy Governor of the bank, Dr Sarah Alade, until the conclusion of on-going investigation against the suspended CBN boss. Abati said the president took the action following reports of the Financial Reporting Council of Nigeria and other investigating bodies, which indicated that Sanusi’s tenure was characterised by various acts of financial recklessness and misconduct.

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