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Banking Sanitisation; Sanusi Backs Down! - Politics - Nairaland

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Banking Sanitisation; Sanusi Backs Down! by Edoji: 4:39pm On Sep 07, 2009
As CBN sources are putting out leaks that the examiners have concluded their audits with 11 of the 14 bank managements and have reported that beyond routine issues such as provisioning for doubtful loans, facility improvement and capital adequacy, there are no major issues around solvency and therefore further action might not be taken. This article claims Sanusi has succumbed to pressure and that the 5 Banks already punished are the sole targets of the entire exercise.
This calls into question Sanusi's agenda.
http://elombah.com/index.php?option=com_content&view=article&id=1530:bank-crisis-sanusi-succumbs-to-pressure&catid=52:daniel-elombah&Itemid=73

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