Former President Goodluck Jonathan Clarifies Emir Sanusi’s Suspension
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Goodluck Jonathan has denied sacking Emir Muhammad Sanusi as Central Bank Governor over allegations of missing $49.8 billion. Jonathan explained that Sanusi was suspended due to Financial Reporting Council concerns about CBN expenditure and tenure expiration.
Key Points:
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- Suspension due to expenditure concerns and tenure expiration
- International audit firm found no missing funds
- Budget was $31.6 billion, making $49.8 billion loss unlikely
Jonathan spoke at the launch of “Public Policy and Agents Interests: Perspectives from the Emerging World,” co-authored by former Finance Minister Shamshudeen Usman.
