Frauds & Scandals

Nigeria’s central bank governor to challenge suspension in court

Nigeria’s graft-fighting Central Bank Governor Lamido Sanusi said on Friday he would go to court to challenge his suspension by the president, saying he did not want his job back but wanted to question the legality of the move. President Goodluck Jonathan suspended Sanusi on Thursday, removing an increasingly outspoken […]

SANUSI LAMIDO SANUSI: The exit of an emperor

Ifeanyi Nwabugu When the extant Central Bank of Nigerian CBN Acts were being crafted with the motive of giving the revered institution relative autonomy from interference from all other arms of the government ,no body imagined that there would arise an emperor who would latch on it and deploy so […]

Exclusive Document: The Financial Reporting Council Report That Busted Sanusi

… Claimed a Whooping N1.257 Billion for “Lunch For Policemen” and expenses for “Private Guards” In 2012 … Bogus Payments To Airlines To Distribute Currency Nationwide Exposed … Operated Bogus Expense Heads To Hide Fraudulent Activities … CBN Has Held An Account With A Balance Of N1.423 Billion For An […]