Monday, March 17, 2014

Boko Haram: PDP demands probe of Sanusi


The Peoples Democratic Party (PDP) said at the weekend that it is worried that the suspended Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, might be a sponsor of the dreaded Boko Haram insurgents and, therefore, should be thoroughly investigated.

The observation of the party is contained in a statement issued by its National Publicity Secretary, Olisa Metuh, on Sunday.

The party said the best option to know how Sanusi expended monies at the apex bank while still completely in charge was for the government to institute a detailed forensic audit of all the accounts and financial activities of the CBN from 2009 till date.

Metuh, in the statement, also demanded that the audit must establish and publish all movement of monies from the CBN accounts such as contract sums, donations and other extra budgetary spending under Sanusi.

The party said the audit would reveal all contracts awarded by the apex bank within the period, the beneficiary companies and persons behind them as well as the value of the contracts and their status of execution.

It further said facts available to it, some of which have already been published by the Financial Reporting Council, show that within the period, the apex bank engaged in reckless award of inflated contracts through which over N680 billion was frittered away.

Aside from alleging that Sanusi put the monies into the pockets of “highly corrupt persons who have been hiding under the toga of anti-corruption crusaders and whistle blowers to siphon the nation’s resources,” the PDP said it has been established that there were huge infractions on the management of the bank’s funds, which made it impossible for it to properly prepare its financial statements since 2012, using International Financial Reporting Standards (IFRS).

Visit website

Boko Haram: PDP demands probe of Sanusi http://dailyindependentnig.com/2014/03/boko-haram-pdp-demands-probe-of-sanusi/

No comments:

Post a Comment

DONATE