Nigerian President Suspends Sanusi After Missing Oil Claims

President Goodluck Jonathan has suspended the Governor of Central Bank of Nigeria Sanusi Lamido Sanusi, after an investigation established that he was culpable for financial recklessness, a statement by Presidential Spokesman Reuben Abati said on Thursday.

Abati explained that Sanusi has been accused of donating huge sums, ranging from N10 billion to smaller sums, to state governments and institutions without regard to whether or not he had the power to do so.

In his words, “It was noted that most of those donations went to Northern states and interests. It was alleged that when Sanusi got wind of the investigation, he began to hurriedly dole out funds to groups in other parts of the nation.”