THESE ARE THE 30 REASONS WHY SANUSI MAY BE THE FIRST EMIR TO BE JAILED IN NIGERIAN HISTORY 1. Sanusi spent N1.8billion in what he termed “Unexplained Expenses”. 2. His Policemen and personal guards consumed lunch (not breakfast or dinner) valued at N1.257 billion for 2012. 3. With the Sanusi’s CBN know your customer policy, N1.43billion was found in an unknown customer’s account in the CBN. 4. Administrative expenses of CBN jumped from N1.324billion in 2011 to N4.026billion in 2012. 5. CBN says their loan standing is N586,703billion but the actual figure is N236, 521, 506. 05billion. It seems he has mathematics problem. 6. Sanusi spent N63 billion on 63 Projects, and only 3 passed through public procurement bureau. 7. Sanusi’s father Christmas’ Project Eagle spent N63million in 2011 and jumped to N0.606billion in 2012. 8. He awarded N5Bn contract to his in-law Nasir El-Rufai to design a civic center for CBN without due process. 9. N0.511billion was spent on Emirate that does not fly locally in Nigeria to distribute currency around Nigeria. 10. N0.425billion was spent on Wings Airline to distribute currency in Nigeria. There is no such airline that has a license to fly in Nigeria. 11. N1.025billion was spent on Associated airline to distribute currencies in Nigeria. The airline has never made such turn-over close to that amount in their entire domestic operation in Nigeria as at 2012. 12. N3.9billion loan was written off (cancelled) by Sanusi, when the country needs money. 13. Sanusi Spent N1.7billion for newspapers in 2011 and same in 2012. 14. For legal fees, Sanusi spent N20.7billion in 2011 and 2012. Where are the CBN Lawyers? 15. He spent N52billion to fight corruption in the CBN. 16. He paid only N440million for external auditors 17. Sanusi secretly invested N0.743billion in Islamic Bank of Malaysia without approval, no return on Investment to Nigeria and no Shares Certificate t show for it. 18. Sanusis Operation cost (different from his Administration cost) for 2012 is N4.8billion. 19. Sanusi says his Directors alone consumed N0.818billion and another N0.818billion again repeated itself. 20. “Currency Issue Expenses”: N1.158bn; Sundry Currency charges; N1.678bn. 21. Facility Management N7.034bn in 2012 (what facility is CBN managing?) 22. Training and travel expenses; N9.24bn in 2012 and N7.65bn in 2011. 23. CBN claimed to have paid N38.233 billion to the Nigerian Security, Printing and Minting Company Limited in 2011, but NSPMC reported total revenue of N29.37 billion for all its transactions with all clients including the CBN. 24. Donated N1billion to Bayero University, Kano but wrote he donated N4billion. 25. Donated N100million to Kano State government in the name of Boko Victims. 26. Doled out a whooping N10billion to Uthman Dan Fodio University, Sokoto and N500million to University of Benin 27. Set-up AMCON that posted a loss of N822 billion and those AMCON bailed out posted outrageous profits in billion of dollars e.g. Aliko Dangote who made $9.2billion in 2013 alone while AMCON that bailed him out lost N822 billion in the same period. 28. Donated N1billion to a political party to build offices Nationwide. 29. N4.5b to renovate his personal home without approval. 30. N4b on a CBN PH branch building that was already completed
Posted on: Sun, 15 Jun 2014 12:37:20 +0000
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