SANUSI TURNED AN ACTIVIST BECAUSE THE PRESIDENT QUERIED HIM OVER FINANCIAL MALPRACTISES! -Insider from CBN What had happened is that “Somebody in the central bank was taking on an activist political role. That is not our function. Central banks all over the world have clear functions and in your country (Britain) and any other civilised countries, I know that central bank governors operate within certain expectations and constraints and respect those expectations and constraints,” “The president of Nigeria and the government of Nigeria have never in my knowledge interfered with the functions of the central bank. And therefore I think we need to give them credit for respecting (its) independence. The governor began to make very damaging public allegations against the government... allegations that have not been proven, after the president had sent him a presidential query about the finances of the central bank. - Dr Kingsley Moghalu Deputy Governor, CBN.
Posted on: Wed, 19 Mar 2014 06:10:31 +0000
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