NNPC Fraud: CBN Governor Sanusi To Proceed On Post-Retirement Leave In March

SaharaReporters has learnt that Nigeria’s Central Bank Governor, Sanusi Lamido Sanusi, will be forced to leave his post in March, 2014, two months before the formal expiration of his tenure. Two sources at the Presidency and a source at the Central Bank told SaharaReporters that Mr. Sanusi has been ordered to proceed on a post-retirement leave in March. All three sources concluded that the early exit for the CBN henchman was occasioned by Mr. Sanusi’s recent leaked letter to President Goodluck Jonathan detailing the theft of close to $50 billion in oil proceeds by the Nigerian National Petroleum Corporation (NNPC). Last week, Mr. Sanusi revised the figure of missing funds down to $12 billion, but the damage to the Jonathan Presidency is considered massive.

SaharaReporters learnt that Mr. Jonathan has concluded plans to speedily replace the CBN governor whom the president believes set out to embarrass his government.