President Jonathan suspends CBN Governor lamido sanusi.

Reuben Abati the spokesperson for President Jonathan has announced that the commander-in-chief has suspended CBN Governor SANUSI LAMIDO SANUSI.
"Having taken special notice of reports of the Financial Reporting
Council of Nigeria and other investigating bodies, which indicate
clearly that Mallam Sanusi Lamido Sanusi's tenure has been
characterized by various acts 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;

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 re-position the Central Bank of Nigeria
for greater efficiency, respect for due process and accountability,
President Goodluck Ebele Jonathan has ordered the immediate suspension
of Mallam Sanusi Lamido Sanusi from the Office of Governor of the
Central Bank of Nigeria." he said in the statement.

Lamido Sanusi is to effectively hand over power to senior Deputy
Governor of CBN DR SARAH ALADE. She will serve as Acting Governor
until all on-going investigations is concluded.
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