In the unfolding drama of financial upheaval, one cannot help but recall the sage words of Saul Bellow: “You burn down the house to roast the pig(s). It was the only way mankind always roasted the pig(s).”


This sentiment echoes with particular resonance in the recent events surrounding the takeover of three or four banks, raising concerns about the trajectory of Nigeria's economic stability.


Last week, the public was confronted with a familiar statement from Saul Bellow, a poignant reminder of the precarious nature of decisions that can have far-reaching consequences.


At that time, I held the impression that the takeover of these banks would follow a thorough analysis of the Special Investigator's report, coupled with legal advice from the Attorney General of the Federation (AGF).


However, emerging rumors suggest that this decision may have been hastily made, denying the accused parties an opportunity to defend themselves in a court of law.


Such a development should not be taken lightly, as it raises troubling questions about the nation's democratic principles and the potential slide into a more authoritarian regime.


In a democracy, the foundational principle dictates that no one should face punishment based solely on allegations, regardless of the gravity of the accusations or the identity of the accuser.


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