*Court barred FRCN from investigating Sanusi Lamido
By Ehi Ekhator
The Financial Reporting Council of Nigeria, FRCN, has been barred by a Federal High Court in Lagos not to investigate the suspended governor of Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi.
The judge, Justice John Tsoho, while delivering judgement on Monday, recognized the FRCN as the body saddled with the responsibility to ensure good governmance in financial matters; but pointed out that 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…
Suspended Sanusi Lamido floors Federal Government Again
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