Goodluck Issues Lamido Sanusi Querry Over Various Donations

The presidency has issued a query to the Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, demanding an explanation for some of the donations the CBN has made under his watch to some universities and organisations.

A top presidency official, who sought not to be named, confided in THISDAY yesterday that the federal government was forced to issue the query as a result of its concern over Sanusi's activities, which have portrayed him as working to undermine the administration of President Goodluck Jonathan.

According to him, Sanusi has engaged in what he described as unprecedented politicisation of his office as well as serial infractions of regulations governing the operations of the central bank.

He said the presidency was worried by the way and manner Sanusi had been donating to communities and institutions in the name of the central bank without adherence to due process and regard for the multi-cultural diversities of the Nigerian nation.

The CBN governor was accused of donating about N150 billion to some institutions and interest groups in states controlled by opposition political parties in what appears to be a clever way of channelling state funds to some politicians who in turn use them to attack the president and his government.
The presidency source gave some of the questionable donations to include N4 billion to Bayero University, Kano; N10 billion to Uthman Dan Fodio University, Sokoto; N500 million to the University of Benin, Benin; and N100 million to the Kano State Government.

Many of the donations, he added, were considered ultra-vires as they were outside the powers and functions of the CBN.

In addition, the source said in the last one year, security reports had indicted Sanusi of holding nocturnal meetings with politicians, especially with the opposition parties, making reckless statements capable of undermining the integrity of the nation’s financial institutions and violating global principles of public decorum expected of holders of such offices.

According to the presidency official, “The CBN governor has become more of a politician than a banker. He delights in political circus shows in the company of opposition political figures; making statements unbecoming of his office.

“The president has actually been very tolerant of these infractions in line with his personal convictions of allowing institutions operate their own independent checks on officers, but it appears the CBN governor is becoming a law unto himself.”

The recent allegation, in a letter to the president, by the CBN governor that the Nigerian National Petroleum Corporation (NNPC) had not remitted $49.8 billion of crude oil proceeds to the Federation Account, has equally been seen as a deliberate ploy by the CBN governor to portray the federal government in a bad light.

This was seen as part of the larger plan by the opposition to discredit the government ahead of the 2015 general election.

The source said the allegation, which Sanusi later described as an “error”, sent the wrong signals to the international business community about the Nigerian economy and would not have been treated lightly in other climes.

As exclusively reported by THISDAY on January 9, Jonathan had demanded the immediate resignation of Sanusi on the grounds that the CBN governor had allegedly leaked the letter he wrote to him on the unremitted $49.8 billion to former President Olusegun Obasanjo.

But Sanusi rebuffed the president, saying only the Senate could remove him from office by a two-thirds vote.

“This man is simply playing a dangerous political game. He openly romances the opposition and attacks the integrity of his employers. Do an analysis of the CBN governor’s speeches at a birthday colloquium of a notable opposition political leader in the South-west last year as well as what he said at the book launch of the spokesman of the main opposition party in Abuja, and that will show you the mindset of a man who is supposed to be the chief economic adviser of the federal government,” the source added.


CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

6 Comments

  1. What are about the ones he gave to u during ur campaigns? At least he is spending the money in a reasonable way what about tat of Oduah,Maina,Oteh and the host of others?ve u 4 once opened ur big mouth to ask dem anything?FOOL! Jona u ur self u are the bigger thief,why didn't u ask him then?why now?when he was giving u u kept quiet!go jor !yeye man lyk u!

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  2. Pls liv sanusi alone.

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  3. You pple re senselessn you re talking to Nigeria president like that. Sanusi is a mad cow who does not know its owner again. We nigerians must emulate a culture of respect to anybody that is in that number one office. Sanusi does not deserve any respect too. In Nigeria history, Jonathan is the most abused president. On Mr. president and Sanusi, history will not forget them. But all what I know is after sanusi era, air will blow chiken yash the way and manner he personally run down nigeria economy using his position because of his dislike to some pple in power, forgetting that it is God that gives to whomever He likes. Why did nt you resign if you can not work with your boss? Sanusi is too proud and full of himself. We will see your life after your time in CBN.

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  4. Yes jonathan s d most abused president n dis country bcos he did nt av d spirit of rulin dis grt country. He s dea duin blunder lootin our moni nd creatin probs here nd dea God ll soon visit him wt d threat he put nigerians.

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  5. They all are thieves, the he, Sanusi is a politician and no more a
    banker. Ordinarily, one could see him as a man who cares for his people, but that is totally on the contrary, it simply signal that Sanusi is having political ambition, and also with the APC party ensuring an Housa man eventually become the president of this nation.

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  6. God will be d judge of these men

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