President Jonathan has announced the suspension of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi.
The statement reads thus
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;