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Monday, 12 May 2014

Court Stop Financial Council From Investigating Sanusi

Court Bars Stop Financial Council From Investigating Sanusi - without giving him the opportunity to defend himself.

The Federal High Court sitting in Lagos on Monday barred the Financial Reporting Council of Nigeria (FRCN) from investigating suspended Governor of the Central Bank Nigeria, Lamido Sanusi.

The court’s decision is coming three months after the Nigerian President, Goodluck Jonathan, suspended Mr Sanusi on allegations of financial recklessness.

Sanusi has denied the allegations, saying he had followed approved procedures while doing his job.

At a sitting in April 18, the court said the judgement on the suit filed by Sanusi, challenging his invitation to appear before the investigating panel set up by the FRCN, would be delivered on May 12. Sanusi

At the April 18 proceedings, presided over by Justice John Tsoho, counsel to the suspended CBN governor, Mr Kola Awodein, insisted that the FRCN should be stopped from further investigating Mr Sanusi because the organisation had demonstrated bias when it earlier indicted him without giving him the opportunity to defend himself.
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