President Goodluck Jonathan has ordered the immediate suspension of Mallam Sanusi Lamido Sanusi from the office of Governor of the Central Bank of Nigeria.He also ordered that Sanusi should hand over to the most senior Deputy Governor of the CBN, Dr Sarah Alade who will serve as Acting Governor until the conclusion of on-going investigations into breaches of enabling laws, due process and mandate of the CBN.
Rueben Abati, the president’s Special Adviser on Media and Publicity who announced this said investigations showed that Sanusi's tenure has been characterized by various acts of financial recklessness and misconduct which are inconsistent with the core values of CBN.
According to Abati, Jonathan was worried over the far-reaching irregularities under Sanusi's watch as CBN governor and had to order his immediate suspension.
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