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Showing posts with label FRCN. Show all posts
Showing posts with label FRCN. Show all posts

Sunday, 16 March 2014

SR: Suspended CBN Governor, Lamido Sanusi, Responds To Allegations Of Financial Recklessness

The suspended governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has issued a statement responding to allegations of financial recklessness leveled against him by the Financial Reporting Council of Nigeria and the Nigerian presidency.
In the lengthy statement distributed to the media early this morning, Mr. Sanusi denied any wrongdoing, saying  he had already sent a detailed response to the presidency.
Read his full press statement below.
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I am compelled to make this public statement to address the various allegations levied against the Central Bank of Nigeria (CBN) and cited as the reasons for my suspension from office as the Governor of the CBN on the 19th of February 2014.
As a matter of record, the allegations were made in the following documents:
i.    Briefing Note of the Financial Reporting Council of Nigeria (FRCN) dated 7th June 2013, Ref: PRES/188/T&I/89 to His Excellency, President Goodluck Ebele Jonathan [the Briefing Note];

ii.    The Letter of Suspension dated 19th February 2014, which I received from the Office of the Secretary to the Government of the Federation; and

iii.    The petition dated 9th February 2014 by Mr. Erastus Akingbola.
However, before I go into the above issues, let me reiterate for the records, the achievements of the CBN during my tenure as the Governor: The Record>>>>

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