Court Bars FRCN From Investigating Sanusi
Adetokunbo Fakeye
A Federal High Court in Lagos has barred the Financial Reporting Council of Nigeria, FRCN, from investigating Lamido Sanusi, the suspended governor of Central Bank of Nigeria, CBN.
Justice John Tsoho while delivering his judgment on Monday said that although the FRCN is saddled with ensuring good governance in financial matters, 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.
“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 judged.
The suspended Central Bank Governor, Sanusi Lamido Sanusi had approached the court to stop FRCN from investigating him, which court now uphold.
