Stop Misinforming The Public, Presidency Warns Sanusi Lamido Sanusi
The Presidency has warned the suspended Governor of the Central Bank of
Nigeria, Sanusi Lamido Sanusi to desist from misinforming the public and
the international community but rather respond to charges of financial
recklessness, gross misconduct among others levelled against him by the
Financial Reporting Council of Nigeria.
This was contain in a statement by the President's spokesperson, Reuben
The statement reads;
We have noted with disappointment, the unrelenting attempt by the
Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi to falsely
portray his recent suspension from office as an attempt by the Presidency
to bury his allegation that huge sums of money due to the Federation
Account are unaccounted for by the Nigerian National Petroleum Corporation
The Presidency wishes to reaffirm that Mallam Sanusi's suspension has
absolutely nothing to do with his unproven and inconsistent claim that
$49.8 Billion, $12 Billion or $20 Billion is missing from the national
As was clearly stated in the letter suspending him from office and
confirmed by President Goodluck Jonathan in his last Presidential Media
Chat, Mallam Sanusi's suspension was wholly based on the need for him to
step aside while the weighty charges of financial recklessness, gross
misconduct and persistent disregard for laid down rules and regulations in
the management of the Central Bank made against him by the Financial
Reporting Council of Nigeria and others are properly investigated.
It is most unfortunate that instead of trying to provide some reasonable
response to the clear and unambiguous query of his official conduct as
Governor of the Central Bank, Mallam Sanusi has cynically chosen to whip
up public sympathy for himself and anger against the Federal Government by
deliberately misleading unwary Nigerians and the international community
into believing the falsehood that he is being punished for exposing
In recent days, the suspended CBN Governor has, following in the footsteps
of others who have an axe to grind with the government, taken to spreading
his false claims and allegations through gullible foreign media
correspondents, telling them among other things that his threat to force
commercial banks to open up their books to unravel the whereabouts of the
“missing” funds whether $49.8 Billion, $12 Billion or $20 Billion,
ultimately led to his suspension.
He also continues to make the mischievous claim that the government is
somehow involved in a scam to divert huge sums of money from the
Federation Account through the misappropriation of kerosene subsidy funds.
Mallam Sanusi's allegations are patently untrue. But Government is making
no effort to bury them as he falsely claims. Relevant committees of the
National Assembly are still investigating the claims and the suspended CBN
Governor remains free to give evidence before them in support of his
Furthermore, in keeping with its avowed commitment to full transparency,
openness and accountability in governmental affairs, the Federal
Government has authorized the engagement of reputable international firms
for the recommended forensic audit of NNPC accounts.
The Presidency condemns Mallam Sanusi's resort to playing politics with
serious national issues. His suggestion that the phantom missing funds
may have been diverted to fund campaigns for next year's general elections
is mischievous, irresponsible and designed to incite other political
parties and members of the public against the Federal Government.
The claim which amounts to cheap blackmail against the government and was
clearly made in furtherance of a selfish personal agenda is most
unbecoming of someone who still holds the High Office of Governor of the
Central Bank of Nigeria.
The Presidency would not ordinarily have wished to join issues with Mallam
Sanusi who as CBN Governor remains an appointee of the President, but the
very unacceptable manner in which Sanusi has been misinforming the public
made it imperative that this statement be issued.