The false alarmist CBN Governor, Mallam Sanusi Lamido Sanusi has been
ordered by the Presidency to proceed on compulsory retirement on or
before March 2014 as his tenure as CBN governor will not be renewed....
Sanusi Lamido Sanusi's order to proceed to a forced to leave will come months before his term expires in 2014.
Mallam Sanusi Lamido wrote a fallacious letter to the President, complain about missing $49billion, from funds NNPC suppose to remit to the Federation accounts.
Regrettable after a two-day of reconciliation with NNPC, FIRS, DPR and CBN, Mallam Sanusi aplogised to Nigerians that he got his figures wrong and blamed his staffs for providing him with wrong data.
He concluded that $12billion was the new difference, while the team saw a difference of N10billion. After about 3 more days of reconciliation, the CBN announced that the N10billion was actually remitted to CBN months before Sansui's false alarm, under a separate heading by FIRS and DPR (Department of Petroleum Resources).
Sanusi's tenure was marred with controversies, especially his inability to reconcile the accounts of CBN or making accounts of CBN available to Nigerians or lawmakers. He was using the bank's funds for personal donations to unapproved causes.
CBN sources revealed that Mallam Sanusi Lamido refused to forgive President Jonathan after the President stopped his printing of new N5,000 Naira note, which the CBN governor have already finalized discussions with overseas contractors.
According to them, the best way to get at President Jonathan for stopping his pet-project, the New N5,000 Note, was to soil his administration integrity with such frivolous corruption allegation, but he was shocked on how experts from Federal Inland revenue, DPR and NNPC busted his lies. This forced Sanusi to make an open apology to the respective departments and Nigerians on television.
Sanusi Lamido Sanusi's order to proceed to a forced to leave will come months before his term expires in 2014.
Mallam Sanusi Lamido wrote a fallacious letter to the President, complain about missing $49billion, from funds NNPC suppose to remit to the Federation accounts.
Regrettable after a two-day of reconciliation with NNPC, FIRS, DPR and CBN, Mallam Sanusi aplogised to Nigerians that he got his figures wrong and blamed his staffs for providing him with wrong data.
He concluded that $12billion was the new difference, while the team saw a difference of N10billion. After about 3 more days of reconciliation, the CBN announced that the N10billion was actually remitted to CBN months before Sansui's false alarm, under a separate heading by FIRS and DPR (Department of Petroleum Resources).
Sanusi's tenure was marred with controversies, especially his inability to reconcile the accounts of CBN or making accounts of CBN available to Nigerians or lawmakers. He was using the bank's funds for personal donations to unapproved causes.
CBN sources revealed that Mallam Sanusi Lamido refused to forgive President Jonathan after the President stopped his printing of new N5,000 Naira note, which the CBN governor have already finalized discussions with overseas contractors.
According to them, the best way to get at President Jonathan for stopping his pet-project, the New N5,000 Note, was to soil his administration integrity with such frivolous corruption allegation, but he was shocked on how experts from Federal Inland revenue, DPR and NNPC busted his lies. This forced Sanusi to make an open apology to the respective departments and Nigerians on television.
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