CBN Governor Sanusi Suspended by President Jonathan

President Goodluck Jonathan today ordered the suspension of Nigeria's Central Bank Governor, Sanusi Lamido Sanusi, weeks after the CBN Governor exposed the theft of at least $20 billion by officials of Nigerian petroleum ministry.A press release issued by the spokesperson to the President, Reuben Abati explained that the CBN governor was suspended because of reports by the Financial Reporting Council claiming the CBN governor had engaged in "financial recklessness and misconduct". The release did not specifically name any particular financial crime but goes ahead to announce a replacement for Mr. Sanusi. We could not reach the CBN governor who is currently traveling in Niger for his reaction by an aide who spoke on his behalf said he was not aware of his suspension as the President did not communicate his intention to suspend him to the governor. Mr. Sanusi had recently refused to back down from allegations that the NNPC and the Petroleum minister, Diezani Allsion-Madueke could not account for over $20 billion of crude oil exports carried out by the NNPC.