A former Governor of the Central Bank of Nigeria, Charles Soludo, has said former President Goodluck Jonathan ran the bank like a movie from Uganda under Idi-Amin.

Idi-Amin Dada ruled Uganda with an iron fist between 1971 and 1979 and has been described as one of the most corrupt African rulers.

Mr Soludo said, “Imagine a scenario where a president can order the CBN to create an intervention fund for national stability and CBN literally ‘prints’ say, N3 trillion, and doles it out cash to the Presidency to prosecute an election campaign or for just about anything he fancies. It is a scary thought.

“We are going down a dangerous path that ruins the economy. I don’t know any other country where such is tolerated, except perhaps what I watched in a movie about Idi Amin and his governor of central bank.”

In an interview in the current Business Edition of The Interview, the former CBN governor described the bank as “the ATM of the Presidency,” under Jonathan.‎

He said it was regrettable that in spite of the bank’s statutory independence, it continues to be a victim of high-wire politics, often “electrocuting” the bank’s leadership.

Mr. Soludo said, “Recent revelations regarding the ‘arms-gate’ (short for the $2.1billion scandal involving former NSA Sambo Dasuki) and the apparent abuse of the CBN as ATM by the presidency should get reasonable people thinking.”

modath:


Soludo is a kunu sipping efulefu!!

How dare he besmirch hero's name!

Hero is a saint, he is infallible, his Nobel prize is loading!

meforyou1:
Op, this your source has K-leg. When we get the news in reliable sources, I will comment

SignalNG1:
A former Governor of the Central Bank of Nigeria, Charles Soludo, has said former President Goodluck Jonathan ran the bank like a movie from Uganda under Idi-Amin.

Idi-Amin Dada ruled Uganda with an iron fist between 1971 and 1979 and has been described as one of the most corrupt African rulers.

Mr Soludo said, “Imagine a scenario where a president can order the CBN to create an intervention fund for national stability and CBN literally ‘prints’ say, N3 trillion, and doles it out cash to the Presidency to prosecute an election campaign or for just about anything he fancies. It is a scary thought.

“We are going down a dangerous path that ruins the economy. I don’t know any other country where such is tolerated, except perhaps what I watched in a movie about Idi Amin and his governor of central bank.”

In an interview in the current Business Edition of The Interview, the former CBN governor described the bank as “the ATM of the Presidency,” under Jonathan.‎

He said it was regrettable that in spite of the bank’s statutory independence, it continues to be a victim of high-wire politics, often “electrocuting” the bank’s leadership.

Mr. Soludo said, “Recent revelations regarding the ‘arms-gate’ (short for the $2.1billion scandal involving former NSA Sambo Dasuki) and the apparent abuse of the CBN as ATM by the presidency should get reasonable people thinking.”

The former CBN governor was one of the ten leading business lights featured in the current edition of The Interview, which provides insights into opportunities and threats in business this year, ranging from manufacturing and power, to banking and investment, small businesses, advertising and jobs.‎

Read more: http://www.signalng.com/8773-2/

Pidggin:
Anyone who likens our gentle peace loving GEJ to a Tyrant like Indi Amin is a full blooded ZOMBIE!

Soludo is a Zombie all of a sudden

Abduljabbar4, you were simply prophetic in your post

QuotaSystem:


Soludo is a Zombie all of a sudden

Abduljabbar4, you were simply prophetic in your post

abduljabbar4:


Np, just try to think like a fool and you will be sure of what their next step will be

modath:


Soludo is a kunu sipping efulefu!!

How dare he besmirch hero's name!

Hero is a saint, he is infallible, his Nobel prize is loading!

TheGoodJoe:
Lalasticlala Mynd44 this is baffling.

Come and see, Idi Amin is back.

BaddieKay: