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Thursday 20 February 2014

Reasons for Sanusi's suspension-Presidency.



Several reactions have trailed the suspension of the CBN governor Mallam Sanusi Lamido,some negative,others positive depending on your point of view.
The Presidency has said that  the suspension of Sanusi was to ensure that prudence,integrity and accountability were the symbols of the CBN.

It equally disclosed that there had been issue regarding the financial recklessness and also violation of due process by Sanusi.

Also Financial Reporting Council of Nigeria (FRCN), listed infractions of the CBN governor.
Briefing State House correspondents, Special Adviser to the president on Media and Publicity, Dr. Reuben Abati said since that announcement of Sanusi's suspension  there had been many inquiries ‎particularly with regards to the point of financial recklessness and breaches, as well as  the anxiety generated  both local and foreign media.

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