y1WlEjNAYV3-K1WpS3N1_iK3Azo TaJuLa's Blog: CBN Acting Governor, Alade, Other Deputy Governors Indicted For Alleged Fraud; Recommended For Sack

Sunday 23 February 2014

CBN Acting Governor, Alade, Other Deputy Governors Indicted For Alleged Fraud; Recommended For Sack

                              
Even though the CBN governor and the bank’s deputy governors were indicted and recommended for sack, the president moved against Mr. Sanusi alone. The Central Bank’s new acting governor, Sarah Alade, and all of the bank’s deputy governors took part in the alleged squandering of billions of naira at the bank, and should be fired alongside the bank’s governor, Lamido Sanusi, the Financial Reporting Council’s recommendations, on which President Goodluck Jonathan based his suspension of Mr. Sanusi, has said.
Mr. Sanusi was suspended last Thursday by President Goodluck Jonathan, for “financial recklessness”, an allegation he strongly denies.
 The government is accusing the CBN, under Mr. Sanusi, of financial recklessness, but many Nigerians believe the governor is being punished for accusing state oil company, the Nigerian National Petroleum Corporation of diverting as mush as $20 billion of the country’s oil revenues. Who do we believe, corruption everywhere. Who do we trust? PT.

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