Justice J. T. Tsoho of the Federal High Court, Lagos, today April 4th ordered
the Financial Reporting Council of Nigeria (FRCN) to stop any
further investigations it is currently carrying out on the suspended CBN
Governor, Sanusi Lamido.
The Financial Reporting Council of Nigeria had leveled allegations of
financial recklessness and abuse of office on Sanusi and recommended his
suspension which was effected on February 20.
The
council in its presentation to the president said they found Mr
Sanusi's report on the audited financial statement of the CBN for the
year ended Dec. 2012 and other related issues unsatisfactory.
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