Reptyle:


Well you said Sanusi was yet to respond to your list of allegations and someone just shared a link to his formal response to all of them.

Your personal disposition to the response notwithstanding, the FACT is that contrary to your earlier claim, Sanusi formally responded to all of the allegations raised in the FRCN report.

PassingShot:


You must be funny with your reasoning!

You mean that a defection that didn't prevent us winning the elections in a way never imagined still has any effect on anyone?

You're really ridiculous to think that while many bigwigs and known commodity from PDP keep defecting to APC offline, [size=15pt]anyone of us here takes a protection seeker serious[/size].

PassingShot:


You must be funny with your reasoning!

You mean that a defection that didn't prevent us winning the elections in a way never imagined still has any effect on anyone?

You're really ridiculous to think that while many bigwigs and known commodity from PDP keep defecting to APC offline, anyone of us here takes a protection seeker serious.

Just fyi, replying to his threads is seen by us as a patriotic duty to prevent him from brainwashing some gullible and innocent forum members with his lies and half truths.

I'm done with you guys now. Mission accomplished!

stebell:


Another useless child of anger and hate.
Wat do yu think ur baba one chance can do about the "missing money" if any is missing tho.

Buhari Daura President.

Mogidi:


I think he gives you people sleepless nights and I should know, I used to be his opponent, his resilience is something you need to come to terms with.

Barcanista didn't become the most celebrated Nairalander because he's a coward.

francizy:


Hahahaha, brother, my curse is real. Nothing a native doctor can do about my predicament. We only rely on God to deliver my damned soul from the jaws of lucifer...

Mogidi:


And yet any barcanista thread attracts you people like metal is to magnets.

Demdem:
Your action abuse of executive power, court tells FG

BY LUKMAN OLABIYI A Federal High Court sitting in Lagos, yesterday affirmed the claim of the suspended Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi that the planned investigation by the Financial Reporting Council of Nigeria (FRCN) is to execute a witch-hunt against him.

Ruling in a fundamental rights enforcement suit filed by Sanusi against his planned probe by FRCN, Justice John Tsoho said the FRCN’s action was in bad faith, besides being an abuse of executive power.

“Sanusi submitting himself to the probe panel by FRCN over allegation of financial recklessness will be like a cockroach finding itsself in the midst of fowls,” he said.

The court therefore restrained FRCN from investigating the plaintiff and also granted all the reliefs sought by Sanusi.

In the suit, the suspended former CBN governor alleged that apart from the fact that the principle of fair hearing was ignored in the planned investigation by FRCN, he had been nailed already even before the commencement of the investigation against him.

Sanusi denied the allegation in the briefing note to President Goodluck Jonathan by the FRCN that he supervised the writing off of a N40 billion debt owed the defunct Intercontinental Bank by former Kwara State governor, Bukola Saraki.

Saraki, now a senator, had allegedly secured the loan from Intercontinental Bank through his company, Joy Petroleum Limited.

The loan was said to have been written off during the tenure of Lai Alabi as managing director of Intercontinental Bank.

Alabi was appointed as the helmsman of the bank by Sanusi after he sacked its former managing director, Erastus Akingbola.

Sanusi also denied that he did not follow due process in writing off another N3.8 billion loan in favour of Heritage Bank, successor to the defunct Societie Generale Bank of Nigeria (SGBN), a bank that had strong link with the Saraki family.

Rather, Sanusi said it was the CBN board that approved the write-off of the loan as forbearance to Heritage Bank on December 17, 2010, as part of the process of facilitating the resumption of the bank as a regional bank.

Sanusi’s lawyer, Kola Awodein (SAN), argued during the trial that the FRCN lacked the powers to look into the books of CBN under Sanusi, as the investigation was against the principles of natural justice.

Awodein said: “The FRCN and the executive secretary who are to conduct the investigation have already shown that they have decided the issues by the statements they made about Sanusi being financially reckless. For instance, my lord, the FRCN executive secretary, in the concluding part of the briefing note to the president said and I quote: ‘It is important for Mr. President to take action fast before Sanusi resigns to foreclose investigation, and also so that the opposition will not accuse the president of allowing such financial recklessness to be perpetrated by the CBN governor under his watch.”

However, the FRCN counsel, Adesegun Ajibola (SAN), while responding to Sanusi’s allegations, urged the court to discountenance the allegations raised by Sanusi.

He said the court was not an administrative tribunal, and that the allegations ought to have been raised as Sanusi’s defence during the FRCN probe.

http://sunnewsonline.com/new/?p=63254

Mogidi:
[size=18pt]Barcanista: The most celebrated Nairalander since kobojunkie.[/size]

Your resilience is something else, glad to say am your biggest fan.

Mogidi:


And yet any barcanista thread attracts you people like metal is to magnets.

Mogidi:


And yet any barcanista thread attracts you people like metal is to magnets.

kodded:
if he is a sore attention seeker,,,,,, why did you open the thread, why did you booked a space ?





Like I said earlier on

HYPOCRITE BEGONE

PassingShot:


I've answered your fellow "follow-follow follower" that we progressives have it as a duty to prevent anyone brainwashing the innocent and naïve forum members; that's the reason we respond to the call!

barcanista:
I no get car..I won't mind having one though

barcanista:
He responded to the Press or to the court? Did you read the case against him and compare to his response? If he was clean why didn't he submit himself for probe/investigation/prosecution and prove his innocence in court? Why did he have to ask the court to stop his investigation and trial?

You sir, is among the group of hypocritical "apostle of good governance".

Jonah-daft did not appeal.

Whynotthetruth:


Today another person is at the receiving end of this selective justice but tomorrow it maybe you...that's nature for you...will you complain by then...After SW voted APC buhari and now contending with north for speakership, I saw one of your own abusing SE/SS of being myopic and not supporting Gbajamila for speakership just for revenge purposes...I laughed and said whatever goes around comes around....so will this selective justice today

francizy:


Hahahaha, brother, your curse is real. Nothing a native doctor can do about your predicament. We only rely on God to deliver your damned soul from the jaws of lucifer...

Demdem:



Ruling in a fundamental rights enforcement suit filed by Sanusi against his planned probe by FRCN, Justice John Tsoho said the FRCN’s action was in bad faith, besides being an abuse of executive power.

“Sanusi submitting himself to the probe panel by FRCN over allegation of financial recklessness will be like a cockroach finding itsself in the midst of fowls,” he said.

Jonah-daft did not appeal.

In a letter to the Executive Secretary of FRCN, Jim Obazee, to explain why his client would not honour the Council’s invitation, Mr. Awodein, a Senior Advocate of Nigeria, SAN, said the invitation was not only in bad faith, but premeditated to embarrass and disparage his client.
President Goodluck Jonathan had suspended Mr. Sanusi from office on February 21, 2014 following the recommendation by the Council, which accused the CBN, under his leadership, of financial recklessness.
The recommendations followed the Council’s review of Mr. Sanusi’s response to its report on the audited financial statement of the CBN for the year ended December 2012 and other related issues, which it described as unsatisfactory.
Following the receipt of the Council’s invitation on March 14, 2014, Mr. Sanusi said he responded two days later seeking clarification on the specific activities of the CBN the FRCN was investigating.
He said since no response was forthcoming from the Council, he did not see any need to honour the invitation, noting that he was surprised to see advertorials in newspapers and other media publicizing the invitation.
Describing the adverts as evidence of the Council’s avowed intent to act prejudicially, Mr. Sanusi said it was appalling that he was being invited after the Council had arrived at the “false and malicious conclusions” in its Briefing Note of June 7, 2013, on which the President relied to suspend him from office.

Whynotthetruth:



This court injunction means corruption can NEVER stop in Nigeria...because any corrupt official will go all out to obtain such court injunction to stop the course of justice... Do we really want good governance and end to corruption or we just want an end to people we hate for reasons known to us alone?

Demdem:


Read further and stop displaying ur ignorance

jmaine:


Lolz . . . . . .Am yet to explain this phenomenal followership from the APC crew . . . . . . . .


And they helped push the thread to the homepage cos they made it trend . . . . . .


Barca man, well done . . . .

egbaguy:
Me,take @barcanista serious..........NEVER!!!!!!!!!

PassingShot:


Good one!

Mogidi:


Abi o.....xup jmaine?