The suspended Central Bank governor, Sanusi Lamido, has defended his bank against allegations of spending billions on extensive loans, staff emoluments, and maintenance of devices.
In suspending Mr. Sanusi last week, President Jonathan accused the CBN governor of “financial recklessness”.
PREMIUM TIMES had reported exclusive details of the president’s second query to Mr. Sanusi early 2013, in which Mr. Jonathan demanded prompt clarification on key spending in excess of a trillion naira. The president’s query followed the submission of the CBN’s audit report by Mr. Sanusi to the president on February 26, 2013.
