I will face any Probe of my Tenure as CBN Governor-Emir Sanusi Reacts

Former governor of the Central Bank of Nigeria, Lamido Sanusi, now Emir of Kano has declared his readiness to face any panel wanting to probe his tenure at the top bank. Sanusi’s comments came as a response to a call by Femi Falana, a senior lawyer, urging the Economic and Financial Crimes Commission, EFCC, to investigate alleged “diversion” of government funds by the CBN, under Mr. Sanusi. Falana in a statement on Saturday said, “Sometime in 2006, former Central Bank Governor, Profesor Chukwuma Soludo removed  $7 billion  from  the nation’s external reserves and doled it out  to 14 Nigerian banks. Two years later, the Central Bank Governor, Mallam Sanusi Lamido Sanusi (the current Emir of Kano) also gave a bailout of N600 billion  to the same  banks. The request of some civil society organisations for the recovery of the huge loan of $7 billion and N600 billion from the commercial banks has been ignored by the management of the Central Bank.” Mr. Falana also called for the investigation of Mr Charles Soludo.