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Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad

Sanusi floors Nigerian Government as court rules against FRCN

byBen Ezeamalu
May 12, 2014
Reading Time: 1 min read
0

The Judge said the FRCN’s posturing shows that they are prejudiced.

A Federal High Court in Lagos has barred the Financial Reporting Council of Nigeria, FRCN, from investigating Lamido Sanusi, the suspended governor of Central Bank of Nigeria, CBN.

Delivering judgment on Monday, Justice John Tsoho said that although the FRCN is saddled with ensuring good governance in financial matters, their posturing shows that they are already prejudiced.

The judge countered the FRCN’s argument that their recommendation to the presidency was merely advisory. He said it was obvious that they had already decided Mr. Sanusi’s fate, even before their investigation.

“The language of the briefing note (transmitted by the FRCN to the presidency) conveys a sense of the defendant desperately goading the presidency to deal with the plaintiff,” Judge Tsoho said.

“The plaintiff submitting himself for investigation (by FRCN) is like the cockroach finding itself in the midst of fowls. Such a cockroach cannot be innocent,” he added.
Details later…

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Ben Ezeamalu

Ben Ezeamalu

Ben Ezeamalu is an Assistant Managing Editor and the Head of Lagos Operations/Metro Editor at PREMIUM TIMES. A graduate of Microbiology from the University of Jos, Ben won the 2015 Africa Fact-Check Awards and was a runner-up in the 2014 CNN/Multichoice African Journalists of the Year. Twitter: @callmebenfigo.

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