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Friday 4 April 2014

Court orders Financial Reporting Council to stop investigating Sanusi

Justice J. T. Tsoho of the Federal High Court, Lagos, today April 4th ordered the Financial Reporting Council of Nigeria (FRCN) to stop any further investigations it is currently carrying out on the suspended CBN Governor, Sanusi Lamido. 
 
The Financial Reporting Council of Nigeria had leveled allegations of financial recklessness and abuse of office on Sanusi and recommended his suspension which was effected on February 20
 
The council in its presentation to the president said they found Mr Sanusi's report on the audited financial statement of the CBN for the year ended Dec. 2012 and other related issues unsatisfactory. 

 
Upon his Suspension, Mr Sanusi was invited to a panel set up by the council at Elephant House Ikeja Lagos for questioning on March 27th but failed to turn up. Reports say Sanusi felt the panel was bias and was set out to rubbish his person. He filed a suit that same day asking the court to stop the FRCN from investigating him as it lacked the constitutional power to investigate him. His request was granted by a judge today.

75 comments:

Alloy Chikezie said...

What nonsense! Why would they stop? Is he above the law, Na WA for this country o


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Apple said...

Boko harram court. I am sure the judge is under threat .

Anonymous said...

Can sanusi fight government #bright bravo#

Unknown said...

Am not surprise....Na Nigeria we dey ooo...anythin happen....corrupt leaders...the whole country is already turning upside down




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Anonymous said...

Wao, another victory Sanusi. FG how far?

Anyikwa chinonso said...

That is better.

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Anonymous said...

This guy jazz dey work wella.


CoolDiva speaks!

Bonita Bislam said...

I never expected anyone to fight the presidency and still win.Sanusi is proving to be a lion by the day! I salute the judiciary

new gurl - kike said...

Smh

Anonymous said...

Seriusly nigeria dnt knw their right except few like sanusi...... Why on earth will the frcn investigate d CBN gov? Who gave them the power? I jst like dis man Sanusi cos he knows hos rights and also fight for his rights.......

Unknown said...

Sanusi don really pass through hell, thank God for the recent progress.... Atlist my guy go relax small and chop the money wey him don already gather.....
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***CURRENTLY IN JUPITER***

bugacious said...

I just love sanusi. Its time we know our rights and stand for what is right.

Unknown said...

Sanusi will forever hate jonah..... Lol...
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***CURRENTLY IN JUPITER***

Unknown said...

9ja, I dey hail oo.

Immaculate said...

Court my foot!!! I hate this man with a passion, he is the head of Boko haram, Evil man with Evil heart. He is still at Abuja because he thinks there is security there, he should return to his state now since he's no longer in power, let me see if they will not cut off his head. Idiot

Anonymous said...

All these judgement are mallam judgement. Bullshit.

AnnMarie said...

The judge must be boko haram member

ary said...

Well government should follow due process and try again, it is as simple as that.

Okoro said...

Levels!!!

Unknown said...

Dear gullible nugerians . The question should be. What is sanusi afraid of? This is the main sponsor of boko haram. Open url eyes.

Anonymous said...

If FRCN does not have the right to investigate him then who does? Anybody that has the power to do should please do so fast. Because FRCN is not dancing to Sanusi's tune now they are biased? we know ur guilty Sanusi

Unknown said...

My nigga !

Unknown said...

Big man

Anonymous said...

Must u alwaz comment 2ice?

Anonymous said...

i agree with u apple. Court should never ask for a stop of investigation. especially Mr Sanusi's. there are evil pple all around this government sef. i think world should end from Naigiria first.soo tired of dis shit on all grands

Shanding2k2... said...

They should just leave this man alone, haven't they done enough to him, take it or leave it he is still one of the most sincere citizen of this country. No sentiment. go SLS go...

Anonymous said...

Rubbish

princenho said...

why do i have the feeling that SANUSI and JONA are very good business partner until one became greedy..

Anonymous said...

We are now in the era when courts now orders constituted authorities to stop investing criminals like sanusi. To worsen the already bad situation, the same court has now awarded this criminal 50m. Smh

Sanusi_supporter said...

I hate to sound abusive but some Nigerians are educated Illitrates and the fact that they can even put up a comment on Linda ikeji's blog spot does not even make them literate...the court deals with facts and not sentiments or propaganda...He knows his right and he has fought for it and even our defective constitution still exonerated him.
Nigerians should always seek facts and stop allowing these stupid politicians play on our intelligence.

princenho said...

SANUSI you can now go on a long shopping spring with all your babe, and relax in the beach with the money you gathered when your partnership was still intact with JONA...

SaphicDerrida said...

This is quite a shameful odyssey for him considering his aspiration to become the king of Kano. There's no prestige in all this court victories at all, 'cause he is voluntarily tagging himself a common criminal already.
A clear conscience fears no accusations. No accusation. No accusation.

Anonymous said...

Are we sure that these judges are not under BH threat?

Anonymous said...

i love dis man wt a passion

Unknown said...

Guy to be honest with you. You talk like an illiterate. If that's not what you are self. Can't you see. Goodluck has nothing on him. Goodluck can control the judge and others. But mehn they are being smart. They know the law. Sanusi has changed the banking sector. I have money in three different banks and I'm not scared if they would fold up. We don't need to sleep with our eyes opened anymore. He has done a lot in Nigeria when it comes to the banking sector. Your childish. And fighting for first to comment. And you didn't read this article which I can bet. And your lot following the case. All you do is say shit. Cos you want to come t first. That's why you not a finance student or into politics. We finance grad and students know better. So please before you talk think and stop doing first to comment or simply stfu ok. Faggot.

Unknown said...

To be honest. Your an illiterate. Listen to yourself. Read what you wrote. Is that smart of you ??? Mehn it's cos of people like you I don't comment. Your fighting for first to comment. Please think ok. And stop opening your mouth to chat shit.

Anonymous said...

And Sanusi wins again
*vanchuks*

Dlapikin said...

You can't investigate a citizen without probable cause. If the court ordered them to stop that means they did not have any probable cause. That is the difference between harassment and investigating a crime.
Figure that if the police calls your jobs, business partners, picks you up everyday on the pretence that they are investigating you, that will definitely destroy your life whether or not it is true. That is why in most democratic country a juge has to give an order before the police becomes intrusive into someone's life. They need to come up with something tangible and if after all this while they have not found anything, going further is simply harassing him.

Anonymous said...

@Immaculate with ur head like a Pot of burnt beans infested with maggots...

Unknown said...

If ur hands wher clean y shuld it b pissing u off when u r been investigated..... Nigeria is a lawless country..... Nonsense leaders...

Sex Tips said...

O boy...dis guy don hia wehn...no be small. But im still get teeth and im dey bite.

winniekoko said...

Sanusi is jst falling GEJ hand. GEJ is just too weak for my liking b

Anonymous said...

Cos he is a Fulani Prince... When he imprisoned other southerners for crimes he is yet to prove, the Courts weren't so swift... He now claims that because the English courts seized some of these persons' properties, they are suddenly guilty for crimes his best friend did not only commit twice, but also got bailout funds for. Thank GOd for the Chris Brown story, at least we know now that the white man can ride on the back of popular demand to be either over aggressive with the law or even break certain law provisions to dehumanize people they don't think should be enjoying

Ndi I Okereke Onyuike was grilled and disgraced from her office for things not close to this.. Sometimes I don't blame the way those in the middle belt, d average igbo man or those in the south south feel about the Fulani... D nation is a floor mat for them to walk over... If not because he was Fulani he Wudnt have bin called up.as ED in First Bank, let alone make it here...

Let's even bring in the legal angle.. if FRCN cannot hold CBN and it's principal officers for not preparing an IFRS account according to requirements by their own legislature passed Act, how can they hold any other entity responsible for not doing theirs. There goes another black hole of confusion for another organization, thus destroying another system

Amarachukwu. said...

Anthing is possible in naija,what nonsense.

Anonymous said...

Useless lawyers...how much did he pay you. No integrity.

Mich said...

This is clearly an APC Judge........ I mean lets see how it goes.....

abujakenneth said...

The truth is that courts are there for all who wants to use them. The Judges always look at issues objectively. Our problem is that we shy away from accessing the courts. That is why people like Fashola will be oppressing the masses with impunity.

Oskirin said...

@ apple,imaculate n co,u pple shd provide conctrete and substantiatin documents dt sanusi supports boko haram nw.if nt,u shd shut up ur mouth 4 life n luk 4 beta tins 2 post/do.do u knw more dan d court? y cnt u luk 2 tins objectively n stop d hatred theory.im waitin 4 una response on ds.useless fellows.

Anonymous said...

Immaculate dummy, if he was the head of boko haram as u've written it means he will be safe in his state dumbo, now ask urself y do u hate him? Turn ur hate to d people dat stole d 20mill dolls from nnpc, d people dat allow boko haram free passage to kill innocent people and say there's no reason for worry, d people that hv allowed 20 families loose their daughters face d facts immaculate b real with ur self. Jonathan!!!! Where are d 20 girls that got kidnapped? Do u mean their families should forget about them how can 20 little girls go missing for so long and every1 is silent how?!!!! Naija wake d F up, we don't hv light for goodness sake ordinary light and u still allow Jonathan to sit as a president not minding any1. They said his election was d fairest which means majority of us voted for him at least votes were not sold dis time abi? So abg all Jonathan's voters and Jonathan provide us our basic need it's is our right, we want light, we need it, we deserve it. Everyday na celebration for u lot, yesterday na centinary, tomorrow ur daughter is getting married meanwhile oda people's daughters r missing. Wake up naija. BM

Anonymous said...

Recently the Governor of Edo state, Adams Oshiomole set up an examination to -check teachers competence'
Imagine dre went to court to challenge dat he doesn't have right to conduct such test, so we shud kip on employing incompetent teachers, who has embodied demselve in corrupting corruption
Dis wat u get in banana republic!
Who dey HELL is sanusi'
dat he can't be checked....
#Plssss FG shud conduct a test to proof al dis charge nad baiil lawyers r worthy of dat Agbada'
#oloshi'
Clear concience fears no accusation, why u panicking?

---wendy-

Anonymous said...

If u have proof of this, bring it up! Otherwise, these r just beer parlour musings.

Anonymous said...

Incompetent govt agencies headed by a clueless President. The Law does not deal based on propaganda and sentiments. Facts r sacred. Sanusi will take them to school over and over.

Anonymous said...

Every judgement must be appeal, you can't win the government, Nigeria judges are all about highest bidder

Anonymous said...

So many daft people on this blog

Anonymous said...

U and Apple belong on the same daft boat. U can't even spell ur country's name correctly? Sums it up.

Anonymous said...

Gbam!

Unknown said...

@edDREAMZ one comment z enough abeg! U no dey write 7point Agenda. Nd pls watch ur Grammer. It seems Jupiter z affectin ur brain pls Come baq 2 Earth.

Anonymous said...

My Brother, pls stop insulting people cos it does not speak well of u. U might be educated, but u can still put ur point across without d insults. My case is that Sanusi quite alright has done a number of significant positive changes to the banking sector, however Sanusi has an extremist view and this was reflected when he tried to bring in Islamic banking into Nigeria and Ngozi Iweala told him to call it non interest banking cos Nigeria has already got too much problems with Islamic Extremism. Not all Muslims are crazy, but Nigerians have the tendency to make any good thing converted for evil purposes to benefit the elite. The Northern Protectorate have been ruling majority of our existence of this Nation since independence and the Northerners have the Richest people in this country but the Feudal system has prevented the popular masses from benefitting from this wealth thus leading to the North being the poorest part of Nigeria both in terms of development, empowerment, education etc. So please don't try to fool anybody by pretending that President Goodluck is the cause of the crises in the North. When Christians were being persecuted in the North even up to FCT Abuja, did any of the Northern Elite Condemn this Act? No. Muslims can worship freely in any southern State in Nigeria but it's not the same for Christians in the North. Ask the Northern Christians? My Brother, It is obvious that The President has a Vendetta against Sanusi however it is obvious that Sanusi is an APC Supporter. Therefore All is Fair in Live and War. Sanusi is Protected in APC Stronghold but for how long. Good luck is the President After all. GOD Bless Nigeria and Protects its Citizens. Amen.

Anonymous said...

I personally believe there's no smoke without fire. A man who truly has nothing to hide wouldn't interfere with investigations. He can only demand his freedom while they investigate. Nobody is above the law. If he has nothing to hide, let them finish their investigation and declare him clean. But asking them to stop? Most likely there are dirty truths to be uncovered if they continue

SHADYBRIAN said...

Froggy if u r indeed a finance student, u will know that it was Charles Soludo that ensured that bank customers can sleep wit both eyes closed n not Sanusi. So stop talking trash here

#tbt said...

Must you comment... You are just an embarrassment to the Nigeria Education

Walata said...

Hmm so court can really work in naija sounds good but I no trust SLS tho

Anonymous said...

Like seriously,is diz some sort of a JOKE!..I rserv ma commntz..naija we halil thee..

Harry PoRTA!

Anonymous said...

Too many illiterates on this blog!

Anonymous said...

@froggy u rili ve a frog brain!!!! Sanusi is opened for Investigation!!!why is he afraid!hw cn a Council be bias!rili?is dt al u got! Well its jst an high Court Judge dt ruled!I cn see ds climbing to Court of Appeal and Supreme!no wonder pple dnt ve faith in d Judicial system! Evri Public holder is subject to Financial auditing!no be al judges get brain sha....many cram tak pass bar exam...

Anonymous said...

@anon It seems u benefited frm Sanusi under his tenure!well too bad a Court Judge can't rule to halt any financial investigation! Anytin dt hs to do wit Govt money is subject to investigation any1 can investigate as long as backed wit evidence!so dt judge doesn't ve an idea wt he/she is blabbing abt!!!!

Anonymous said...

@ Sanusi's supporter!!!Educated illiterate??? Rili?u thing is by joining two big grammars togeda?u r d illiterate persn here! Any1 is subject to investigation esp public holders!a Man lik Sanusi dt hs held d position such as his is over subject to investigation my frd!!!so park well! Am sure dis person is El-rufai comment on ds Liber!twitter isn't enuf Sir???

Anonymous said...

@diapkin pls define probable cause???u tink is by typing big big grammar??? Then why ar banks subject to Financial audit enquiry and investigation is to check mate them to ensure the pple's money ar safe!some1 dt hs held a position such as a CBN Gov is hell yea subject to a f**kin investigation!if he went accordin to d books then he shd ve nuftn to worry about! Sanusi u r hiding smefin!!!!!

Anonymous said...

Dear Wendy pls check ur facts well b4 blabbing! Ds is different!evry bank in Nigeria is subect to Financial auditing and investigation to ensure policies were followed! As for Adams Oshio he hs no rite conducting tests thr is a body that its incharge of that!and Teachers salaries r bn paid by Federal Govt,little comes frm d state Govt and Local Govt also pays little!dts hw it was meant to be!infact der salaries were paid directly frm FG until sme years back wen sme Governors insisted d monies been paid to then in return they wil pay d Teachers!if really the Govt is tryin to help why not set a training workshop and do a test to check der abilities???but he is settin tests base on what???Adams is usin this as a Medium to sack public officers/teachers after holding der salaries for months and refused to pay!he wil then come out and giv sme widows 2millions wen dey r hundreds of Teachers dt r widows! Adams Oshio wil ve no peace fighting the Poor!!!

Anonymous said...

@Wendy gov Adams Oshiomole is been vindictive ever since PDP alleged he doesn't ve Pry 6 result which led to d fire that burnt Ministry of Education's office whr d said results were kept!lol!he has been attacking Teachers sinc then! He cums out on Media to to show a woman who cldnt read wen looked into that said woman ws said to be mentally unstable!dts d particular and only interview he hs bn showin on TV sinc wat abt d others dt passed d interview? Adams osho wil sn leave!he hs shown his true colors....

Anonymous said...

SHADYBRIAN, I beg to differ. On the contrary, it was Charles Soludo that created the problems in the banking industry which Sanusi ended up trying to fix. Consolidation created the monsters that grew out of control and we're headed for death before Sanusi's reforms rescued the industry. In the end Jim (sorry, I mean Emefiele) will end up reversing all the gains.

Anonymous said...

It's Grammar

Anonymous said...

Why are we so gullible ? If Sanusi is innocent let the investigation continue. Why stop them now? Investigators will bring their report based on figures in the accounts and it is the bid of SLS to counter it. After all, the numbers they shall be bringing out it's from its account. Why the fear if your hands are free. I smell a rat. I believed Sanusi before now. But with all these i think he is not innocent.

SIMPLYCOCK said...

But let us face it...
The FRC lacks the statutory powers to investigate Sanusi....
Why is the federal government afraid of handing Sanusi over to the EFCC for investigation and possible prosecution...
Doesn't the president have an AGF to equip him with the requisite and appropriate legal advise?!

Unknown said...

You guys are making this eddreamz guy relevant. We all know his grammar is terrible,no point giving him this cheap attention

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