The Many ‘SINS’ Of Governor Sanusi Lamido
A statement from the presidency, which announced his suspension , had accused Governor Sanusi Lamido 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.” The statement adds: “Being also deeply concerned about far-reaching irregularities under Mallam Sanusi’s watch, which have distracted the Central Bank away from the pursuit and achievement of its statutory mandate; and being determined to urgently reposition the Central Bank of Nigeria for greater efficiency, respect for due process and accountability, President Goodluck Jonathan has ordered the immediate suspension of Sanusi.” Talking about the alleged financial recklessness, the first that readily comes to mind was the donation of N100 million to the victims of Boko Haram attacks in Kano State in early 2012. Reports quoted Sanusi as say...