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CBN Governor Sanusi Lamido To Be Suspended Over NNPC Corruption Scandal

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CBN Governor Sanusi Lamido To Be Suspended Over NNPC Corruption Scandal

cbn governor sanusi lamido suspended

January 9, 2014 – CBN, Central Bank Of Nigeria Governor Sanusi Lamido To Be Suspended Over NNPC Corruption Scandal

President Goodluck Jonathan and several of his close aides met today to remove the Central Bank Governor Sanusi Lamido Sanusi from office after the governor told his staff yesterday that he can only be removed by the President if 2/3rd majority members of the Nigerian Senate decides against him in a vote.

Faced with that difficult choice since majority of his Peoples Democratic Party (PDP) have decamped to the All Progressives Party (APC), the President and his aides decided on the new strategy which was to suspend the Central Bank Governor and use security agencies to prevent him from entering the premises of the bank until the end of his tenure in June 2014.

Mr. Sanusi became a high value target for the President and his team after a letter he penned to the President in September 2013 about the Nigerian National Petroleum Corporation (NNPC. In the letter Mr. Sanusi accused the corporation of stealing $50 billion from proceeds of crude oil sales.

The later was later leaked to the press. SaharaReporters was first to reveal the content of the letter.

Mr. Jonathan and his aides of accuse Mr. Sanusi of conniving with opposition politicians including former President Olusegun Obasanjo to bring down the Jonathan regime by leaking the letter.

The meeting today calculated that if Mr. Sanusi is suspended, he will go to court to seek redress while the President then appoints current Deputy Governor of Financial System Stability, Kingsley Moghalu as interim CBN Governor to oversee the affairs of the bank until a substantive governor is appointed in June.

Sources at the Presidency told SaharaReporters that because Mr. Sanusi has remained adamant in exposing the corruption perpetrated by the NNPC, insisting that a proper audit of the account of the corporation be carried out by an external auditor especially after the NNPC could not still account for $18 billion in crude oil sale between January 2012 and December 2013 in recent accounts reconciliation meetings between the CBN and NNPC.

[Source: Sahara Reporters New York]



  1. Opefunai Jude

    January 9, 2014 at 2:14 PM

    Please sack this crazy mallam making law as he wishes.
    He is the number problem in Nigerian economy.
    He makes law overnight without considering the negative side effect.
    Sanusi must go

  2. best news of d day

    January 9, 2014 at 2:15 PM

    This is the best news of today this incompetent fool called SANUSI deserves to be suspended.

  3. Desaia

    January 9, 2014 at 3:32 PM

    no no no u guys should read dis article well b4 u start talking rubbish. D mallam is only being transparent for U and I here. Mr president and NNPC hav conducted a heavy fraudulent transaction on EXCESS CRUDE OIL ACCOUNT owned by me and u and d Nigerians. What happened to 49 billion dollar frm d oil account?, dis is a question for Jonathan to answer, he s not talking about it. Den mallam now has an enemy bcos he want to know d way about d money. May God help us in dis Nigeria


    January 9, 2014 at 4:37 PM

    i never liked the so called sanusi and his operations from adam. I cant realy count all here. So, this is an opportunity to lay him off cos he is the number one problem of our economy, in fact, he does not know economics well enough to manage a whole country’s economy and money. He is asking for where money went to, what has he done with the billions in his costody? What are his economic stategies? What has he done to improve our national income? He doesnt even knw what inflation means let alone controling it cos if he does, he woundnt have tot of minting a N2000 note. We no longer need his services! Let him go back to where ever he is coming from. I strongly recommend SACK instead of the said SUSPENSION

  5. pius ivoh

    January 9, 2014 at 5:03 PM

    Wow. President Goodluck Ebere Jonathan, Nigerians are waiting to hears, and observe your action towards this report according to alto of office, to difend and protect nigerians, to pass Judgement without fear or favour.Nigerians are waitin and they’re watching as well!

  6. Ben

    January 9, 2014 at 5:39 PM

    true tlk @Desaia. Nigerian dnt lik sm1 who is transparent, though Mallam stil has his own short coming

  7. Metu Nyetu

    January 9, 2014 at 5:40 PM

    D figure dat Sanusi quoted was later found2b erronous, which he had 2 appologise 4. I think he’s being used by d opposition.

  8. parrot

    January 9, 2014 at 5:47 PM

    sack d mallam abeg! enof of his stupid way of making laws without planning hw to deal wit d problems dat follows it, 4rm islamic banks 2 N5, 000 note

  9. olatunji

    January 9, 2014 at 5:55 PM

    Sanusi is d right if wat dis a story tells is real. We all no dat our govt is corrupt. Too much politics in everytin. Jonattan should sit up and try to b d president of nigeria and not just a political tool. He is being used by political gods.

  10. musa sule

    January 9, 2014 at 6:55 PM

    it is natural especially Nigerians to defend the indefensible when it concerned his or her ethnic group or religious belonging throwing to the winds the necessary attitude that can develop a nation. they rush to developed countries for everything. they forget that the developed countries tell thmselves the bitter truth devoid of religious or ethnicity belonging .

  11. mulikat

    January 9, 2014 at 7:18 PM

    that is reason Nigeria will never move foward,as a nation, always tribeal point,forget about someone come from, he or she is a nigeria finish. He says the truth now he lose is job,from president ,house ,senator all govt all are full memebers of thief,he is transparent he lose is job,this bad luck govt, is nr. corrupt govt, nigeria ever have in history of this useles country call nigeria, where few people thief with pen and walk free.Pls mallam Sanusi kindly open all their history with names and point,even is bad luck our president,afterall you have nothing to lose again.

  12. consort

    January 9, 2014 at 7:57 PM

    Dear desaia. I’m reay in support of ur point. Our money’z missin nd dey’r nt even tryin to find out hw it got missin…
    But den, u knw it perhaps culd be a fase accusation as no money ws actually taken. Culd be anoda of Obasanjo’s scheme. Only God knows…

  13. Abdul

    January 9, 2014 at 9:09 PM

    Sanusi has done absolutely nothing wrong he is only exposing corrupt Jonathan and is evil regime on how they are stealing what belong to all of us sanusi should be praised not sacked Nigeria is a strange country how can a whole 50billion dollar be stolen and nobody as been arrested d end is near 4goodluck and is corrupt government.

    • alexander

      January 10, 2014 at 11:50 AM

      this regional and religion based politics will take us no where.segmented and one-sided coments can increased the already existing political tension. pls u pple should keep ur coments if u dont have constructive ones. dont stranggle or suffocate nigeria to death. the soul of nigeria is crying. help save nigeria

  14. pat

    January 9, 2014 at 10:13 PM

    in nigeria, good thing dont last

  15. Desaia

    January 10, 2014 at 7:54 AM

    consort U cee some ppl easily get twisted and confused on their focus just by any little distraction. Its too bad. Oh yes we know mallam once sugested islamic banking and new 5000 naira note which did not go down well with Nigerians and we rejected it. @least it a mere sugestion and he did not impose it on us. But for dis nearly 50 billion dollar missing now wil be a heavy bleed on the country economy and d whole masses, am sure. And no body’s mind is on it again. And dont tell me dat no money is missing bcos mallam has requested for an audit on d account but dat gulty president is declinning, meaning he knows d how come about d operation. Robbers

  16. ms. s

    January 10, 2014 at 8:05 AM

    yes,the corrup leaders will be expose soon inshaAllahu, done mine them keep the good job my dear mr sunusi. bravo, the trued is always better.

  17. Prophet Gbenga Rotimi Kini Iwo Nfe

    January 10, 2014 at 8:08 AM

    Remember the word of GOD that say’s “And what he has seen and heard,that he testifies;and no man receives his testimony”. (john 3:32) Let us pray Nigerians, father in jesus name.we thank you that you are the truth that do not fail,daddy we need you has a truth here in Nigeria and let our leaders know as a truth in jesus name (AMEN). *08038433483#

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