Nigeria: PDP Accuses CBN Gov of Giving APC N1 Billion

BY CHUKS OKOCHA, 17 MARCH 2014

Ex-CBN Governor: Lamido Sanusi

The Peoples Democratic Party (PDP) has accused the suspended Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, of financial recklessness and partisanship in his administration of the central bank, and is therefore calling for a detailed forensic audit of all the accounts and financial activities of the CBN from 2009 till date. In a statement issued by the party's National Publicity Secretary, Olisa Metuh, yesterday, PDP alleged that there was sufficient evidence to show that states controlled by the All Progressives Congress (APC) and its chieftains had benefitted from the financial recklessness of the suspended governor.

Specifically, PDP cited the instance of an APC chieftain, ostensibly, the former Minister of the Federal Capital Territory (FCT) Nasir el-Rufai, who collected N5 billion for consultancy fees provided to the central bank and another N1 billion diverted to APC to enable it open offices across the federation.

PDP 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 the suspended CBN governor. The party said the audit would reveal all contracts awarded by the central bank during the five-year period, the beneficiary companies and persons behind them, as well as the value of the contracts and their status of execution.                                                 Continue reading >>>>>>