Friday, February 28, 2014

USA Africa Dialogue Series - Fwd: [Nigeria360::Live] Re: Trouble in Nigeria----Now for the fallout (The Economist) on CBN gov's suspenion



---------- Forwarded message ----------
From: Tajudeen <traji@aol.com>
Date: Fri, Feb 28, 2014 at 6:30 PM
Subject: [Nigeria360::Live] Re: Trouble in Nigeria----Now for the fallout (The Economist)
To: Abba <abba2007@gmail.com>


 

Their actions are already having a devastating negative impact on the country and it's economy. 

We are a laughing stock among the top financials institutions who are involved in the money transfers of Nigeria's oil transactions. Heard it through a grape vine - monies received from the oil transactions are mostly deposited into personal accounts, of our     Country's administrators, all over the world.

The bankers laugh at us / them when carrying out those transactions for "Nigeria"

We are and being royally screwed on a daily basis. 

Thanks, 
Tajudeen Raji 

Sent from my iPhone

On Feb 28, 2014, at 1:08 PM, Abba <abba2007@gmail.com> wrote:

Folks,  the article below (published in The Economist) is troubling.  It seems the actions by our government is sending the wrong signals to the global marker place (and this could have devastating impact to our economy and the nation):





Trouble in Nigeria — Now for the fallout


The president’s decision to get rid of the central-bank governor is bad news


Mar 1st 2014 | ABUJA | From the print edition


 


 



 


WHEN President Goodluck Jonathan suspended Lamido Sanusi, the governor of Nigeria’s central bank, on February 20th, he succeeded in removing an opponent. But over the past week it has become clear that this small victory has come at a steep price. Not only has Mr Jonathan signalled his unwillingness to tackle the rampant corruption that is eating away at his country—he has also scared foreign investors and presented an open goal to his political enemies.


The outspoken Mr Sanusi courted a stormy end to his tenure, due to finish in June, by accusing the state oil company, the Nigerian National Petroleum Corporation (NNPC), of failing to remit $20 billion in revenues to government accounts. The ministry of finance puts the figure at $10.8 billion. Mr Jonathan says he suspended Mr Sanusi because of “financial recklessness and misconduct” and “far-reaching irregularities” at the bank. But the decision came just days after Mr Sanusi presented detailed evidence to a Senate committee investigating alleged fraud and mismanagement at the NNPC. Most concluded that the suspension was politically motivated.


Investors are spooked, interpreting the decision as a sign of the authorities’ lack of stomach for fighting corruption. Already, $2 billion of the $9 billion in foreign cash invested in Nigerian bonds has moved out; bankers predict more will follow. The naira plunged to an all-time low of 169 to the dollar on February 20th. Sarah Alade, a highly regarded technocrat who will run the bank until June, has pledged to continue to support the currency. But the foreign-exchange reserves she needs to do so have fallen by almost 14% from 12 months ago.


The controversy has a strong political tinge. The Senate’s investigation was prompted by a leaked letter from Mr Sanusi to the president in which he accused the NNPC of violating the law. This put him in conflict with Diezani Alison-Madueke, the petroleum minister and a close ally of Mr Jonathan’s. The NNPC has repeatedly denied the allegations. Ngozi Okonjo-Iweala, Nigeria’s finance minister, says an independent audit must establish the truth. Many see her outspokenness as a sign she doubts that Mr Jonathan will hold a credible inquiry. “The key question we need answered is what is the correct amount,” she says. “We need urgent action to bring this to the fore.”


Mr Sanusi’s treatment undermines confidence that this will happen. It is not the first time there has been scrutiny of the NNPC, part of a rotten oil industry whose leakages undermine Nigeria’s macroeconomic stability. Eighteen months ago the former anti-corruption tsar, Nuhu Ribadu, claimed tens of billions of dollars in oil-and-gas revenue had been siphoned off in 2002-12. The president ordered three reports into it, but they never saw the light of day—if they exist at all—and no one was prosecuted. Months later the Nigerian Extractive Industries Transparency Initiative, part of a global lobby for transparency in natural-resource revenues, revealed a leakage of more than $9.8 billion in 1999-2008.


Mr Sanusi’s suspension has also provided ammunition for Mr Jonathan’s political opponents in the run-up to the elections in 2015. The All Progressives Congress, the main opposition party, described it as “the clearest indication yet that President Jonathan…is willing to silence any whistle-blower”. Although acclaimed abroad, Mr Sanusi has a mixed reputation at home. He tackled widespread financial fraud and overhauled Nigeria’s banks during a banking crash in 2009. He has stabilised inflation in single digits and cracked down on money-laundering. But his staff say he has dragged the bank into politics. His blunt outbursts criticising Nigeria’s governance propelled the legislature to propose a bill (which failed to pass) compromising the bank’s independence. Some accuse him of having political ambitions of his own.


The Senate is due to confirm Mr Jonathan’s new choice of governor, Godwin Emefiele, who heads Zenith, a private bank. He is expected to keep quiet and stick to tight monetary policy. “He is hardly seen nor heard—a typical attribute of the central banker the Nigerian establishment prefers,” says Oluseun Onigbinde, an economist at BudgIT, a start-up that publishes Nigerian economic data on social media.


Investors want the stability that came from Mr Sanusi’s policies and which Mr Emefiele supposedly seeks. But they are losing faith in Mr Jonathan’s administration. Thanks to its vast oil-and-gas reserves and the vitality of its 170m people, Nigeria remains hugely attractive. But Mr Sanusi’s tumultuous exit is another instance of the country’s squandered potential.


Source: http://www.economist.com/news/middle-east-and-africa/21597896-presidents-decision-get-rid-central-bank-governor-bad-news-now?fsrc=scn%2Ftw_ec%2Fnow_for_the_fallout










On 28 February 2014 11:55, Abba <abba2007@gmail.com> wrote:
Colly,
 
To the best of my recollecton, Sanusi L Sanusi never failed to appear before the NASS (I assumed, by ``NAAS", you actually mean ``NASS") whenever required to do so. In fact, I do recall him jokingly telling either the Senate or a House Committee that with the frequency they were requiring his presence before them, he might not be able to have the time to manage the CBN. If my recollections are wrong, then I take refuge in the well known legal principle that he who alleges must prove his case. The ball is now in your court!
 
Let me add, however, that I never heard or read it anywhere that Sanusi ever appeared before either a Senate or House Committee to feign illness in an attempt to dodge legislative invigilation (unlike our economy co-ordinator), or send any of his surbordinates on the pretext of having prior international commitments, as I have heard it said or reported about our dear oil queen.
 
It follows from the above that there has never been any failure or dereliction on the part of NASS to compel Sanusi's appearance before it. So, there never arose the need for the President to step in to help, as you claimed. Which, in any event, was not his job, as the NASS has the constitutional power to order the police to produce before it any person that they wish to question in the course of their legislative function.
 
Here, I am so sorry to have to disappoint you: far from helping the NASS to do its job, it was, in fact, the President who once famously obstructed them by stubbornly shielding a level 12 or 14 civil servant (Maina of the Pension Task Force) from appearing before a Senate committee. And this was when Maina was being guarded 24/7 by a retinue of police and SSS officers. It took a threat from the Senate to discontinue any further dealings with Jonathan for him to quietly let Maina abscond from his job. To put a crude gloss to it, the Government claimed it had queried Maina, but that was the last that was heard of the matter and he is still a free man in Abuja today -- having defied the Senate with the connivance and protection of the President! That's the kind of lawlessness and impunity that the President has sadly promoted in Nigeria today.
 
So, you should naturally expect that I will very much welcome a forensic audit of the NNPC, over which the President is still dragging his feet -- for reasons that are obvious to many. As you must know, NNPC's account has not been audited since 2005! While Sanusi's CBN has had its accounts audited in all the years he has been there. Who has got something to hide -- our ``absolute ruler" (who claims to have ``absolute power") and our oil queen or Sanusi? Sir, let us have your answer, please.

Abba
 


On 28 February 2014 08:44, Collins Ezebuihe <collyezebuihe@hotmail.com> wrote:
Mister Abba Gumel:
 
There are some things you left out though --for a man laying claims to being a patriot. Was Mister Sanusi Lamido Sanusi in line with the law when the NAAS required him to come for disclosure of his financial recklessness while CBN chief, but he ignored all those requests? 
 
Secondly, if the NAAS was unable or unwilling to force Sanusi to answer to it --and never tried again-- did the NAAS not forfeit its authority to police the CBN and its chieftain? And in that case, was the president not right to shore up the dereliction of duty by the same NAAS --by firing or suspending what it is proving to be a dangerously reckless CBN chieftain? What if the Army, Navy, Airforce, Police, Customs, EFCC, Cabinet Ministers, VCs, INEC, etc decide to copy Sanusi and ignore any requests or subpoenas by NAAS, shouldn't the president step in? And if he fails to step in and step up, what kind of Nigeria do you think we will have?
 
Please broaden my horizon by providing answers to those easy questions. By the way, are you in favor of auditing the NNPC?
 
Cheers,
 
Colly Ezebuihe
 
 
 



 
Date: Fri, 28 Feb 2014 07:13:11 -0600
Subject: Re: Mallam Sanusi Lamido's Presidential Suspension Without Senate is an Illegality
From: abba2007@gmail.com
To: jclawal@hotmail.com
CC: iguade@hotmail.com; employlawone@aol.com; senrule@gmail.com; waleaina@gmail.com; topcrestt@yahoo.com; aauwnycpres@aol.com; bizon586@yahoo.com; zephyrinus.okonkwo@asurams.edu; naijapolitics@yahoogroups.com; nigerianworldforum@yahoogroups.com; naijaobserver@yahoogroups.com; pachusim@yahoo.com; olakassimmd@aol.com; naijaintellects@googlegroups.com; edo-nationality@yahoogroups.com; edo-ciao@yahoogroups.com; edo_global@yahoogroups.com; talknigeria@yahoogroups.com; talkhard@yahoogroups.com; nigerianid@yahoogroups.com; nigeriansncanada@yahoogroups.com; biokonkwo1@gmail.com; okoi_advocate@yahoo.com; okonkwonetworks@googlegroups.com; umunnakwe1@gmail.com; esan_community@yahoogroups.com; fcnwadike@hotmail.com; femi07@hotmail.com; dakusobi@gmail.com; eoeke@aol.com; molly.uzoh@learningright.com; nebukadineze@aol.com; ramadi121361@gmail.com; reukal@yahoo.co.uk; stephenuche@comcast.net; ugwo1@netzero.net; uniqueken@yahoo.com; benezeabia@yahoo.com; basieffiong@gmail.com; vincentotuonye@msn.com; skcogbonnia1@aol.com; peterclaver2000@yahoo.com; umuogali@yahoo.dk; odera.igbo@yahoo.ca; yeyerolling@yahoo.com; igwekr93@gmail.com; gtech115@gmail.com; decimal.limited@gmail.com; ote-nkwu-0523@msn.com; traji@aol.com; decimal_ng@yahoo.com; collyezebuihe@hotmail.com; ogbuonyeiro@yahoo.com; jigietseme@gmail.com; ajitonaiyke@yahoo.com; abujarock@gmail.com

Fellow compatriots,

That President seems to, with all due respect, rather recklessly (to borrow from his new favourite lexicon), be playing fast and loose with the law, because it is crystally-clear that he and the government are operating on a decidedly vindictive (and dare I say petty) trajectory. All these brouhaha seem to me (and perhaps many compatriots) to be about vendetta of a Goliath against a David, who is getting dangerously-close to some ``discomfort zones" (if you get my drift).

 Fundamentally, from what the lawyers in our midst have repeatedly told us, the President had no legal power, except in very limited areas (like approval for nomination and remuneration of the Bank's external auditors), to interfere with the affairs of the CBN. Section 1(3) of the CBN Act, 2007 establishes the Bank as an "independent" body. The Board is the ultimate authority over the Bank's affairs, including, for example, being the final authority to approve the Bank's annual budget (CBN Act, 2007, section 6(3)(a).  
 
One crucially point to further note is that Section 5(1) of Nigeria's Constitution, which vests the executive powers of the Federation in the President, empowers the National Assembly (NASS) to curtail such powers, as the NASS did in the CBN Act, 2007.  By claiming to have ``absolute power", during his recent tete-a-tete with the press, the President seems to imply that he is the law, or above it.  Well, we shall see what the courts say about this.
 
By the way, the President is rumoured to have told some friends that he will show Sanusi ``who is the President". He (allegedly) told  an Oba during a recent visit that Sanusi was not only after the NNPC but also the oil robber barons that are being relied upon to fund the 2015 campaign. Those who miss the significance of this point would do well to remember that public pressure has led to the shutting down of the avenue (fuel subsidy) allegedly used to fund the 2011 election.

That while people understandably focus on Sanusi's constructive dismissal, the appointment of an "Acting Governor" of the CBN, when no such title or provision exists in the CBN Act 2007, further supports the claim of lawlessness on the part of the regime. The Act is quite clear that except for situations where the CBN Governor dies, resigns or otherwise vacates his office, the Governor alone is empowered to nominate one of his/ her deputies to oversee the day-to-day management of the Bank in his absence -- even so, not as Acting Governor (Section 7(1). Worse still, the President appointed someone who had been accused of the infractions Sanusi was said to have committed. This selective justice, assuming the President is even entitled to hand it out, simply stinks to heavens above, as my man Chief Zebrudaya alias 430 would say.

Oh, by the way, what has the President done about Okonjo-Iweala's massive abuse of import waivers?  Ditto the thieving bullet-proof car-loving former Aviation Minister, Stella Oduah?  Ditto  the ill-qualified and financially reckless Miss Arumah Otteh, who was recommended for dismissal by the House of Reps? The cases are endless.....yet only Sanusi is ``financially reckless"?  
 
Now, fellow compatriots, compare all these with the disgraceful sacking of Appeal Court President, Justice Ayo Salami; the dismissal of the now deceased Shehu Ladan, then the GMD of NNPC; the sacking of another northerner, Dr Bashir Gwandu, from the NCC Board for exposing mind-boggling corruption; and the suspension of yet another northerner, Ahmed Rufa'i, the DG of NICOMSAT. However objective one may want to be about these, it is difficult to avoid the view that there are ethno-sectional factors at play here.
 
All in all, it would appear that neither the President nor his henchmen took time to actually read the CBN Act. Or if they did, then they either read it upside down or simply chose to trash it . Sadly, the presence of someone like the former Senate President, Anyim Pius Anyim, as the Secretary to the Federal Government (himself a lawyer from the 1987 set) does not seem to help.
 
Sanusi Lamido Sanusi recently observed that the President (albeit a simple person trying to do his best for the nation) is surrounded by corrupt and incompetent people (and he seems to trust these people; who continue to mislead him, and, consequently, the nation).  I think many would concur with his assessment.  For now, we shall wait and see what the government does...or does not do...about the whopping $20 billion (or even $10 billion) that has disappeared from the national coffers.  It is mind-boggling that the people on whose watch such humongous amount has vamoosed from the economy (such as the Minister Coordinating the economy and finances of the nation; the Minister in charge of petroleum; the Management of NNPC etc.) are still staying put in their jobs....and no any serious attempt to urgently implement the ``forensic external audit" suggested by Dr. Okonjo-Iweala is being undertaken.  It is rather laughable, I must add, that only the courageous patriot who exposed this alleged massive corruption scandal has lost his job.  Well, they can only hide from this well-choreographed distraction (Sanusi illegal constructive dismissal)  for a while...and not a while longer.



On 28 February 2014 00:22, Dele Lawal <jclawal@hotmail.com> wrote:
Professor Asagwara,
President Jonathan did not breach the law in suspending the CBN Governor from office but he erred in nominating his potential replacement, giving observers the impression that he has unilaterally removed the governor. His action may be voided by the courts because he needs the backing of the senate to effectuate the removal, not suspension, of the CBN Governor from office (professor Nwakanma's stretching of the president's action as an illegal removal is plausible)."-----Nebukadinaeze Adiele
 
 
Gentlemen, one thing is absolutely clear about Nebukadinaeze Adiele; that is he is not a lawyer or he is a quack lawyer. Nebukadineze, you erred in law when you said that Nigerian "President Jonathan did not breach the law in suspending the CBN Governor from office but he erred in nominating his potential replacement". And you committed a colossal error of consistency ( non constat) and legal ignorance when you later said that His action may be voided by the courts because he needs the backing of the senate to effectuate the removal, not suspension, of the CBN Governor from office (professor Nwakanma's stretching of the president's action as an illegal removal is plausible). Nebukadinaeze Adiele, the truth is that the President of Nigeria has a right under the provisions of 2007 CBN Act to remove the Governor of the Central Bank of Nigeria provided he does so with two thirds majority support from Nigerian Senate. For your information, when removal from office is temporary(nisi), it is called suspension but when removal from office is permanent (absolute), it is called termination or dismissal. Nebukadinaeze, the law is that the President of Nigeria has no power to remove the CBN Governor by way of suspension or termination without two thirds majority support from the Senate. Your argument that the president can suspend the CBN governor without a support from the Senate is a clear manifestation of your verdancy in law. In law and ordinary English, suspension is part of removal, and there is no special or separate provision in CBN Act that grants the President powers of suspension different from section 11 of the Act, which verbatim, provides: 
 
 

11. – (1) A person shall not remain a Governor, Deputy Governor or

Director of the Bank if he is -

(a) a member of any Federal or State legislative house; or

(b) a Director, officer or employee of any bank licensed under the

Banks and Other Financial Institutions Act.

(2) The Governor, Deputy Governor or Director shall cease to hold

office in the Bank if he -

(a) becomes of unsound mind or, owing to ill health, is incapable of

carrying out his duties;

(b) is convicted of any criminal offence by a court of competent

jurisdiction except for traffic offences or contempt proceedings arising in

connection with the execution or intended execution of any power or duty

conferred under this Act or the Banks and Other Financial Institutions Act;

(c) is guilty of a serious misconduct in relation to his duties under

this Act;

(d) is disqualified or suspended from practicing his

profession in Nigeria by order of a competent authority made in respect

of him personally;

(e) becomes bankrupt;

(f) is removed by the President:

Provided that the removal of the Governor shall be supported

by two-thirds majority of the Senate praying that he be so removed.

(3) The Governor or any Deputy Governor may resign his

office by giving at least three months’ notice in writing to the President

of his intention to do so and any Director may similarly resign by giving

at least one month’s notice in writing to the President of his intention to

do so.

(4) If the Governor, any Deputy Governor of Director of the

Bank dies, resigns or otherwise vacates his office before the expiry of

the tem for which he has been appointed, there shall be appointed a fit

and proper person to take his place on the Board for the unexpired

period of the term of appointment in the first instance if the vacancy is

that of -

(a) the Governor or a Deputy Governor, the appointment

shall be made in the manner prescribed by section 8(1) and (2) of this

Act; and

(b) any Director, the appointment shall be made in the

manner prescribed by section 10(1) and (2) of this Act.

 

In section 8, the Act made provisions on whose duty it is to appoint the CBN Governor, and it is inter-alia as follows:

 

 

 

8. – (1) The Governor and Deputy-Governors shall be persons of

recognized financial experience and shall be appointed by the President

subject to confirmation by the Senate on such terms and conditions as

may be set out in their respective letters of appointment.

(2) The Governor and Deputy Governors shall be appointed in the

first instance for a term of five years and shall each be eligible for reappointment

for another term not exceeding five years:

Provided that, of the first four Deputy Governors to be so

appointed, on e shall in the first instance be appointed for three years and

two shall in the first instance be appointed for four years.

 

 

 
 
Therefore, Professor Nwakanma is 100% right; the action of the President, Jonathan, against Sanusi whether he calls it suspension or removal is an illegality and  a non placet leges, capable of being voided and vacated in a competent court of law in Nigeria. Again, the board of CBN has no power in law to appoint the governor of CBN as suggested by Nebukadineze Adiele; It is only the President of Nigeria that can appoint the CBN governor with a confirmatory approval from the Senate. Nebukadinaeze should remember, non in legend sed in intelligendo leges consistent ( the law does not consist in only reading it but essentially in understanding it). With the correspondence or distance legal education many American trained lawyers have, American trained Nigerian lawyers hardly stand the test of legal advocacy in Nigerian courts. Most of them I have witnessed in Nigerian and American courts speak history and philosophy in courts instead of talking law and facts, and a perfect example is Nebukadinaeze Adiele.  Nebukadinaeze should be made to understand that a pregnant negative in pleading, as embodied in his statements quoted above, is a clear show of amateur legal training and practice.
 
JC L awal

Subject: Name 3 things that have impacted the common man/woman in the marketplace or at the farm? ///Re: Mallam Sanusi Lamido
From: iguade@hotmail.com
Date: Thu, 27 Feb 2014 23:57:28 -0600
To: employlawone@aol.com
CC: senrule@gmail.com; waleaina@gmail.com; abba2007@gmail.com; topcrestt@yahoo.com; aauwnycpres@aol.com; bizon586@yahoo.com; Zephyrinus.Okonkwo@asurams.edu; NaijaPolitics@yahoogroups.com; NIgerianWorldForum@yahoogroups.com; NaijaObserver@yahoogroups.com; pachusim@yahoo.com; olakassimmd@aol.com; naijaintellects@googlegroups.com; edo-nationality@yahoogroups.com; edo-ciao@yahoogroups.com; Edo_Global@yahoogroups.com; talknigeria@yahoogroups.com; talkhard@yahoogroups.com; nigerianid@yahoogroups.com; nigeriansncanada@yahoogroups.com; biokonkwo1@gmail.com; okoi_advocate@yahoo.com; okonkwonetworks@googlegroups.com; umunnakwe1@gmail.com; esan_community@yahoogroups.com; iguade@hotmail.com

Sir:

I am sure you are educated and knowledgeable enough to KNOW that illegality is a decision of a court, not yours, which is a mere personal self aggrandizing opinion. Who died and made you a judge? You must think silence by the audience is acceptance of the bull spewed in the fora. The audience is watching and listening to the mockery on display.

To be clear, you, like the prior contributor offered a personal opinion. Your defense of "Mallam" (as I like to call him, now copied by others, which is just fine by me), is becoming an irritant to some of us, in spite of one's rights to make a fool of self or defend the indefensible.

All you Johnnie come lately to Sanusi being a fraud, glad to have ya'all on board. Iguade, since the fuel crisis forum at Lagos that Mallam Sanusi participated in and he said anyone in Nigeria can be bribed with billions of Naira - I have been shouting on tip my voice in the fora that Sanusi is just bad news to the country. Yes, JONA administration was listening and Sanusi has been under investigations (more than one). Now, about when the results of some of the investigations were about to come out - Sanusi, the poster child for Gworo nation, thought he could pull a fast one by crying money na dey for NNPC. First, a central bank governor was so much a dunce is cited $50billion, almost twice the country's GDP. Why is Sanusi so fucking worried about NNPC when his agency, CBN, is not a paragon of good leadership? Please tell us, what has CBN accomplished for the good of the people during Mallam's regime? Name 3 things that have impacted positively or change the life of the common man/woman in the marketplace or at the farm?

(((Check the archives and YouTube for Sanusi's stupid comment on bribery in the society. Then as now, am stunned that a CBN Governor will say such a thing in public about Nigeria that placed in him such enormous responsibilities)))

I say it again and again, those of you that want Nigeria to pafuka, your wish will come true and as I said before it would be WW3, because NigerDelta will go its way, Benin Empire will move on as well as the other nations in the regions. SOUTH SUDAN will be a model of excellence in partitioning a country compared to what would happen in Nigeria. Just amazing, we have all these pundits in diaspora that cannot succeed in corporate America making noise everywhere in the fora. 

This bull about Sanusi being a whistle blower is pure nonsense and only confirms the GROUP THINK mentality of Nigerian elite. (google "group think").

As for your inciting and condoning illegality (your personal opinion) I wonder what blinkers you wearing that has made you insensitive to the blight of the Nigerian people? 

2015 election is on and JONA will compete and win, period! There is no damn vacancy in Aso Rock in 2015. 

Go JONA go! Victory is ours!

Wilson Iguade
Executive President
"JONA 2015 Competition Committee in the Diaspora"
Dallas, TX - USA.
(Former president and treasurer, Esan Progressive Associations, DFW, Texas; Past member, Edo National Associations/ Council of Presidents; Former Secretary General of Nigerians In the Diaspora Organization in the Americas (NIDOA), Inc. Washington DC; Former member, Board of Director NIDOA (Region 5 Representative); Past Chair, CampRYLA of Rotary International; KofC; Former and active Board Member in government/professional associations at state and national levels in the USA).


Sent from my iPhone

On Feb 27, 2014, at 10:05 PM, employlawone@aol.com wrote:

Sir:

I am sure you are educated and knowledgeable enough to know he did not illegally sack the Banks' CEOs but acted under the CBN Act.

As for your inciting and condoning illegality I wonder what blinkers you wearing that has made you insensitive to due process?

With Regards

Olu/
Sent from my BlackBerry® wireless handheld from Glo Mobile.
Date: Thu, 27 Feb 2014 21:19:50 +0000
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Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido

Maybe he should also taste his own medicine both ways--illegal sacking of bank chiefs (ie what is accusing Presido of doing against him now) and corruption (what he was accusing NNPC).
Sent from my BlackBerry wireless device from MTN
Date: Wed, 26 Feb 2014 17:20:17 +0000
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Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido

This is warped thinking am sorry to suggest. So because you think Sanusi was wrong with sacked chiefs such wrongs must be perpetuated upon him? In order words two wrongs equals to a right?

Olu/
Sent from my BlackBerry® wireless handheld from Glo Mobile.
Date: Wed, 26 Feb 2014 17:17:30 +0000
To: Abba<abba2007@gmail.com>; Joe Attueyi<topcrestt@yahoo.com>
Cc: aauwnycpres@aol.com<aauwnycpres@aol.com>; bizon586@yahoo.com<bizon586@yahoo.com>; Okonkwo, Zephyrinus<Zephyrinus.Okonkwo@asurams.edu>; NaijaPolitics@yahoogroups.com<NaijaPolitics@yahoogroups.com>; NigerianWorldForum<NIgerianWorldForum@yahoogroups.com>; NaijaObserver@yahoogroups.com<NaijaObserver@yahoogroups.com>; Ezeana Achusim<pachusim@yahoo.com>; Dr. Ola Kassim<olakassimmd@aol.com>; naijaintellects<naijaintellects@googlegroups.com>; edo-nationality@yahoogroups.com<edo-nationality@yahoogroups.com>; Edo-Ciao<edo-ciao@yahoogroups.com>; edo global<Edo_Global@yahoogroups.com>; TalkNaija<talknigeria@yahoogroups.com>; talkhard@yahoogroups.com<talkhard@yahoogroups.com>; nigerianid@yahoogroups.com<nigerianid@yahoogroups.com>; nigeriansncanada@yahoogroups.com<nigeriansncanada@yahoogroups.com>; Ikenna Okonkwo<biokonkwo1@gmail.com>; okoi_advocate@yahoo.com<okoi_advocate@yahoo.com>; okonkwonetworks@googlegroups.com<okonkwonetworks@googlegroups.com>; employlawone@aol.com<employlawone@aol.com>; Umu Nnakwe<umunnakwe1@gmail.com>
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido

Mr Abba,
I just want to make a comment based on this:

(a) They care not that the so-called FRC ``allegations", on which the ``absolute ruler" used to illegally suspend SLS, were NEVER shown or handed over to SLS........Abba

To this day, the report on which Sanusi said he acted upon to sack(not suspend) five bank chiefs in 2009 have not been seen by any of them. Please read Akingbola letter to the C in C.

Must we demand another type of justice for an individual simply because he is on of us?

Sanusi has gone to court. And that's the best decision he has taken since his suspension. All this interviews etc cannot sway peoples opinion. A court judgment can.

As of the $20b(no one is even sure, even Sanusi himself) or $10b or $40b. Whatever the figure let the audit of NNPC be taken and any one found wanting should have his or her day in court.

Ola Aina
Abuja
Sent from my BlackBerry wireless device from MTN
From: Abba <abba2007@gmail.com>
Date: Wed, 26 Feb 2014 11:06:48 -0600
To: Joe Attueyi<topcrestt@yahoo.com>
Cc: aauwnycpres@aol.com<aauwnycpres@aol.com>; bizon586@yahoo.com<bizon586@yahoo.com>; Okonkwo, Zephyrinus<Zephyrinus.Okonkwo@asurams.edu>; NaijaPolitics@yahoogroups.com<NaijaPolitics@yahoogroups.com>; NigerianWorldForum<NIgerianWorldForum@yahoogroups.com>; NaijaObserver@yahoogroups.com<NaijaObserver@yahoogroups.com>; Ezeana Achusim<pachusim@yahoo.com>; Dr. Ola Kassim<olakassimmd@aol.com>; olawale aina<waleaina@gmail.com>; naijaintellects<naijaintellects@googlegroups.com>; edo-nationality@yahoogroups.com<edo-nationality@yahoogroups.com>; Edo-Ciao<edo-ciao@yahoogroups.com>; edo global<Edo_Global@yahoogroups.com>; TalkNaija<talknigeria@yahoogroups.com>; talkhard@yahoogroups.com<talkhard@yahoogroups.com>; nigerianid@yahoogroups.com<nigerianid@yahoogroups.com>; nigeriansncanada@yahoogroups.com<nigeriansncanada@yahoogroups.com>; Ikenna Okonkwo<biokonkwo1@gmail.com>; okoi_advocate@yahoo.com<okoi_advocate@yahoo.com>; okonkwonetworks@googlegroups.com<okonkwonetworks@googlegroups.com>; employlawone@aol.com<employlawone@aol.com>; Umu Nnakwe<umunnakwe1@gmail.com>
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido

My friend Joe the Pastor,

See my comments interspersed in yours:



One could turn your argument on its head and state that you are defending SLS because of ethnicity---- even though those that know you may know otherwise. 


Fair enough.  Yes, it happens, by omission or commission, that SLS and I hail from the same place...and that we are good friends (just like you and Stevek have been since your days playing soccer barefoot in the streets of downtown Ajegunle)-:))).  But I transcend ethnicity.  I defend SLS because of principle.  I will do same if the name SLS is replaced by Pastor Joe (albeit you are also a bosom friend...so, maybe I chose a wrong analogy here).  SLS is fighting a fight that needs fighting...the seeming tyranny of an ``absolute ruler" who minces no words in claiming ``absolute power".  This cannot be allowed to go unchallenged in a democracy.  The President is not the law, or above it (despite his claim for ``absolute power"). Many of the commentators (on these listserve) who hail from South of the Niger have rushed to convict SLS...for no apparent reason rather than his ethnicity.  This is unbelievable. They suspend (no pun intended) their sense of objectivity....and looked the other way when illegality stares them decisively before their eyes.  

(a) They care not that the so-called FRC ``allegations", on which the ``absolute ruler" used to illegally suspend SLS, were NEVER shown or handed over to SLS.

(b) They care not that the President (despite his claim to having ``absolute power") has no constitutional power to suspend (or constructively dismiss) the CBN Governor.

(c) They care not to focus on the main issue...that of disappearance of the whopping $20 billion from the national coffers....and instead focus on the well-choreographed
     distraction (on the person of SLS, who courageously exposed the scandal).

Not a single person has yet to offer any plausible argument to show a wrongdoing on the part of SLS.  All those huffing and puffing on this case (against SLS) are doing so simply because of Sanusi's ethnicity.  Do the same people call for Oduah's suspension (on whose watch such a huge sum disappeared)?  Do they think she would still be in her job if she was in a civilized democracy (such as the USA)?  Ditto Okonjo (whom I respect, by the way)....you cannot be the ``supervising minister" of the economy and not take responsibility when such a huge sum disappeared under your watch (and without you knowing about it)...if she did this at the World Bank, she will be gone with the speed of light.  The same anti-SLS Southern compatriots of ours remain decidedly mum on the two others (Oduah and Okonjo), and yet remain laser-focussed on SLS...even if SLS's alleged ``corruption" is true (which I know is absolutely not), the amount involved is extremely infinitesimal in comparison to the whopping $20 billion that disappeared under the supposedly watchful eyes of Diezani and Okonjo.

Folks, men and women of principles, quality, objectivity and conscience transcend ethnic (and all other) sentimentalism.  They judge things on their merits, and call a spade a spade no matter whose ox is gored.  I am exceedingly proud to be in this category of people.  Stevek is surely in this class too. You are too...on your rare day that is (when your OPC-ism isn't getting the better of you-:))).
 
 

1. The fact of SLS illegal removal by GEJ does NOT confer immunity on SLS for the serious allegations against him. SLS needs his day before an independent adjudicator to clear his name.


Absolutely.  I never claim that SLS is immuned from anything. The government has made some allegations against him, and he has already challenged those in a court of law (as evident from the Guardian article I forwarded earlier today).  SLS absolutely cherishes the chance to have his day in court.  He will, of course, defend himself most ferociously....and gallantly.  I have been assured that all the allegations against the person of SLS will be crushed with a great deal of ease.  Nigerians know that the witch-hunting is a direct consequence of the $20 billion scandal SLS exposed.  Nigerians (the open-minded and principled ones at least) will know that if GEJ was aware of all those charges (some stemming even at the early stage of SLS's tenure in  2009), why did he not suspend or sack him then?  In other words, why did he keep someone he knew to be corrupt (to remain the Chief Banker of the nation) for all these years?  These things do not add up.  Why now?  A classic ``wag the dog" to divert attention from the real scandal....that of the massive disappearance of a massively-whopping $20 billion from the nation's treasury.  This is what every self-respecting Nigerian must be furious about...and must demand total and full accountability!


2. Even if GEJ sacks Diezani tomorrow it will still NOT remove the need for an INDEPENDENT investigation into the allegations of missing monies in NNPC.  

Absolutely!!!  In civilized societies, all the main players (Diezani, Okonjo and the senior management of the NNPC) will be relieved of their duties immediately, and a complete independent investigation (conducted by an international team of truly independent and respected individuals) is immediately ordered....and all that are found guilty be made to face the full force of the law.  It is clear, based on what we have seen so far, that the FGN is quite unlikely to do any of these...and that the Sanusi distraction is a sign that what they really want to do is to sweep the alleged scandal under the rug.  Well, we got news for them.  The scandal is too humongous to be swept under the carpet.  No self-respecting Nigerian will let them get away with this....it will set an extremely dangerous precedent in an extremely dangerous super-corrupt polity. 


 

The Nigerian people need to know the whole truth about all these allegations whether at CBN or NNPC

Fantastic.  Now you are really my friend...and a card-carrying member of the elite club (of principled, objective, patriotic and call-a-spade-a-spade Nigerians) I described above. Welcome aboard!  

 

That is the least any fair minded person can ask for

Absolutely.  And all those rushing to (prematurely) convict SLS are clearly doing so for ethnic reason.  Very shameful indeed, I must add.

Abba
 

Joe

Sent from Samsung Mobile


-------- Original message --------
From: aauwnycpres@aol.com
Date:26/02/2014 15:18 (GMT+00:00)
To: Abba ,bizon586@yahoo.com,"Okonkwo, Zephyrinus"
Cc: Ezeana Achusim ,"Dr. Ola Kassim" ,olawale aina ,naijaintellects ,edo-nationality@yahoogroups.com,Naija Politics ,Edo-Ciao ,edo global ,TalkNaija ,talkhard@yahoogroups.com,NaijaObserver@yahoogroups.com,nigerianid@yahoogroups.com,"NIgerianWorldForum@yahoogroups.com" ,nigeriansncanada@yahoogroups.com,Ikenna Okonkwo ,okoi_advocate@yahoo.com,okonkwonetworks@googlegroups.com,employlawone@aol.com,Umu Nnakwe
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido


From: Abba <abba2007@gmail.com>
Date: Wed, 26 Feb 2014 09:03:53 -0600
Cc: Ezeana Achusim<pachusim@yahoo.com>; Dr. Ola Kassim<olakassimmd@aol.com>; olawale aina<waleaina@gmail.com>; naijaintellects<naijaintellects@googlegroups.com>; edo-nationality@yahoogroups.com<edo-nationality@yahoogroups.com>; Naija Politics<naijapolitics@yahoogroups.com>; Edo-Ciao<edo-ciao@yahoogroups.com>; edo global<Edo_Global@yahoogroups.com>; TalkNaija<talknigeria@yahoogroups.com>; talkhard@yahoogroups.com<talkhard@yahoogroups.com>; NaijaObserver@yahoogroups.com<NaijaObserver@yahoogroups.com>; nigerianid@yahoogroups.com<nigerianid@yahoogroups.com>; NIgerianWorldForum@yahoogroups.com<nigerianworldforum@yahoogroups.com>; nigeriansncanada@yahoogroups.com<nigeriansncanada@yahoogroups.com>; Ikenna Okonkwo<biokonkwo1@gmail.com>; aauwnycpres@aol.com<aauwnycpres@aol.com>; okoi_advocate@yahoo.com<okoi_advocate@yahoo.com>; okonkwonetworks@googlegroups.com<okonkwonetworks@googlegroups.com>; employlawone@aol.com<employlawone@aol.com>; Umu Nnakwe<umunnakwe1@gmail.com>
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido

This is true.  The vast majority of the folks chastising him (albeit terribly ignorantly I must add) are doing so because of ethnicity.  They are perfectly comfortable looking the other way about the massive $20 billion allegedly missing from the Diezani-led Petro ministry (via NNPC) and waste time applauding the blatant diversionary tactic (a kind of ``wag the dog" strategy) embarked upon by the FGN.  Nigerians of real intellect (and principles and conscience) will,  of course, see right through this and see Sanusi for the immensely courageous and patriotic hero he is.   Well, the President now has his chance to attempt to defend the indefensible...his illegal suspension of a CBN Governor...in a court of law.  He says he has ``absolute power" the other day.  Let's see what lady justice will say about this.  Chei, na war for the proponents and supporters of illegality in Nigeria and beyond.  It is the same President who applied the same illegal tactic to sack the fabulous Dr. Bashir Gwandu of NCC... only for a court to completely reverse the presidential illegality.  I gather that the folks at the Rock are now panicking...as they await another bad day at the courts.  Hehehehhehe.



Abba  


On 26 February 2014 06:13, bizon586@yahoo.com <bizon586@yahoo.com> wrote:
Sanusi is not getting s fair hearing because he is a northerner. I have listened to him and Jonathan and to be frank with you I don't trust the FG.

From: Ezeana Achusim <pachusim@yahoo.com>;
To: Abba <abba2007@gmail.com>;
Cc: Dr. Ola Kassim <olakassimmd@aol.com>; olawale aina <waleaina@gmail.com>; naijaintellects <naijaintellects@googlegroups.com>; edo-nationality@yahoogroups.com <edo-nationality@yahoogroups.com>; Naija Politics <naijapolitics@yahoogroups.com>; Edo-Ciao <edo-ciao@yahoogroups.com>; edo global <Edo_Global@yahoogroups.com>; TalkNaija <talknigeria@yahoogroups.com>; talkhard@yahoogroups.com <talkhard@yahoogroups.com>; NaijaObserver@yahoogroups.com <NaijaObserver@yahoogroups.com>; nigerianid@yahoogroups.com <nigerianid@yahoogroups.com>; NIgerianWorldForum@yahoogroups.com <nigerianworldforum@yahoogroups.com>; nigeriansncanada@yahoogroups.com <nigeriansncanada@yahoogroups.com>; Ikenna Okonkwo <biokonkwo1@gmail.com>; aauwnycpres@aol.com <aauwnycpres@aol.com>; okoi_advocate@yahoo.com <okoi_advocate@yahoo.com>; okonkwonetworks@googlegroups.com <okonkwonetworks@googlegroups.com>; employlawone@aol.com <employlawone@aol.com>; Umu Nnakwe <umunnakwe1@gmail.com>;
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido
Sent: Mon, Feb 24, 2014 6:41:10 PM

Abba:

Your allegation will hold water only if the charges against Sanusi are spurious. But they are not. When you are scrutinizing God and the gods, they too will be scrutinizing you. 

And I am

Ezeana Igirigi Achusim
Odi-Isaa
Nwa Dim Orioha 

Sent from my iPhone

On Feb 24, 2014, at 11:38 AM, Abba <abba2007@gmail.com> wrote:

Mr. Chairman,

Exactly. 

 I honestly am amazed how some Nigerians think.  It is amazing how some Nigerians simply lack the capacity to tell the truth.  Can anyone within the CBN prove that Sanusi ever acted alone (in the discharge of the CBN's Corporate Social Responsibility mandate)?  Why some people would manufacture and propagate such blatant falsehood really amazes me.

In anycase, Nigerians of real intelligence/knowledge know fully well that the reason the government is engaged in this anti-Sanusi witch-hunting jamboree is because he exposed a massive corruption...that has the potential to cripple the economy of the Nigerian nation ($20 billion is a huge amount, and if used judiciously could make a huge difference in the lives of millions of Nigerians).  In serious nations, people like SLS will be seen for the courageous patriotic heroes they clearly are.  In our Naija, our good-for-nothing government would only engage in a (hopefully futile) attempt to discredit him.  They may succeed in persecuting him (e.g., putting him in jail etc.), but the SLS I know always believes that Nigeria is worth it.  It will bother him not to sacrifice for Nigeria on the basis of principles, conscience and his enormous sense of duty and patriotism.   

 

Abba


On 24 February 2014 11:18, <olakassimmd@aol.com> wrote:
  Hi Ola:
 
Even as Governor Of the CBN, Sanusi could not have acted alone by appropriating unds as
donations to any course, worthy o unworthy that met his fancy without due recource to the
Board of Directos to whom he reports.
 
Sanusi cannot spend a kobo of CBN funds without the appoval, prior to or at the next board meetung
following the expenditue as lond as he doean not go beyond his spending limits.
 
sanusi must have emonsttare to the board ofthe CBN thatthe projects being funded were in leeping with
the mandate of the CBN and that they are evenly distributed all ove Nigeia.
 
 
Bye,
 
Ola


---- Original Message ----
From: waleaina <waleaina@gmail.com>
To: naijaintellects <naijaintellects@googlegroups.com>; edo-nationality <edo-nationality@yahoogroups.com>; Naija Forum 1 <naijapolitics@yahoogroups.com>; Naija Forum2 <edo-ciao@yahoogroups.com>; Edo_Global <Edo_Global@yahoogroups.com>; talknigeria <talknigeria@yahoogroups.com>; talkhard <talkhard@yahoogroups.com>; NaijaObserver <NaijaObserver@yahoogroups.com>; nigerianid <nigerianid@yahoogroups.com>; nigerianworldforum <nigerianworldforum@yahoogroups.com>; nigeriansncanada <nigeriansncanada@yahoogroups.com>
Cc: Ezeana Achusim <pachusim@yahoo.com>; Ikenna Okonkwo <biokonkwo1@gmail.com>; aauwnycpres <aauwnycpres@aol.com>; Bar. Obla <okoi_advocate@yahoo.com>; okonkwonetworks <okonkwonetworks@googlegroups.com>; Olu Ojedokun <employlawone@aol.com>; Umu Nnakwe <umunnakwe1@gmail.com>; Abba <abba2007@gmail.com>
Sent: Mon, Feb 24, 2014 12:03 pm
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido

Having read my defense of Sanusi. Am shocked his misguided donations are even supported by some. If an individual can appropriate funds as he wishes, where are thee checks and balances?

Besides Sanusi "blew the whistle" to save himself from the FRCN report that nailed him. In his desperation to nail the government he became incoherent ($49b, $10b and now $20b) he looks like a drowning man.

There are skeletons in the CBN. Has anyone bothered to talk to any official of that place? You would be amazed.

On this occasion GEJ acted firmly. And he deserves support. Let us see how he handles the NNPC accounting allegations.

Ola Aina
Abuja
Sent from my BlackBerry wireless device from MTN
From: John Ebohon <ebohon@dmu.ac.uk>
Date: Mon, 24 Feb 2014 16:14:24 +0000
Subject: RE: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido

My brother Segun,
 
I’m amazed by your pronouncements below. Are you comfortable with not just the amount that was doled out by Sanusi but the manner with which he carried them out. Corruption, in my view, is various defined and understood – how did this man come to select the causes to which he donated these huge sums? He has justified this by saying that he acted to uphold CBN’s Corporate Social Responsibility (CSR) obligations, and if so,  let us the people know whether this was brought to the attention of all CNN directors, discussed and approved. We have had journalists and none bankers as CBN governors in the past and non has brought the institution into such disrepute as SLS.
 
OJ
 
 
The allegations made are baseless lacking any iota of wrong doing. 
 
My question have not been answered and the allegations against SLS did not show any corrupt tendency or act. 
 
GEJ can bit overlook massive corruption directly under him but eager to point accusing fingers at others without any evidence.
 
Obviously GEJ is trying to take the entire country on a ride, but some of us will not buy into his shenanigans. 
 
 

Segun
 
 
Compared to the others, yes, and for the fact that, the Governor's position is strategic to the economic reserves of the nation; which makes it far serious than any, in history.  The government's plans are difficult to understand, but it will be irresponsible for the judiciary to ignore the allegations.  If following international standards, he needs a team of expert legal practitioners to strategise, and resolve the matter with the Government.
 
 
 








 


 
On Saturday, February 22, 2014 2:28 PM, Segun Dawodu <stdawodu@gmail.com> wrote:
 
And who said so?
And compared with what other violations? 
Compared with the total looting of Oceanic bank by the Ibrus ?
Compared with what Akingbola did at Intercontinental? 
 
Waiting for your answers. 

Segun
From: Ohima Oliha
Sent: Saturday, February 22, 2014 2:18 PM
To: Segun Dawodu; edo-nationality@yahoogroups.com; naijaintellects@googlegroups.com; Naija Forum 1; Naija Forum2
Reply To: Ohima Oliha
Cc: Ezeana Achusim; Ikenna Okonkwo; aauwnycpres@aol.com; "Bar." Obla" <okoi_advocate@yahoo.com>, "okonkwonetworks@googlegroups.com; okonkwonetworks@googlegroups.com; Olu Ojedokun; Umu Nnakwe
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido
 
The allegations against the suspended Governor are by far the most serious of all known banking violations. 
 
 
 
 
On Saturday, February 22, 2014 2:04 PM, Segun Dawodu <stdawodu@gmail.com> wrote:
No. Same standards or better ie if we even know what "standard" is. 
If you meant regulatory standard, then my questions become very relevant and we need to revisit past experiences and our current expectations. 
 
If you mean ethical standard, you will be shocked on what Naija ethical standards are but can be better put as based on "one eye man leading the blind".
 
The truth is that as human (super intelligent being) , we are meant to learn from our mistakes, from interactions with our environment and neighbors but it is the opposite in Nigeria. 
My hope is that this will be a learning process for us all ie if greed and selfishness do not take over. 
 

Segun
From: Ohima Oliha
Sent: Saturday, February 22, 2014 1:47 PM
Reply To: Ohima Oliha
Cc: Ezeana Achusim; Ikenna Okonkwo; aauwnycpres@aol.com; "Bar." Obla" <okoi_advocate@yahoo.com>, "okonkwonetworks@googlegroups.com; okonkwonetworks@googlegroups.com; Olu Ojedokun; Umu Nnakwe
Subject: Re: [edo-nationality] Re: [Naijaintellects] Re: Mallam Sanusi Lamido
 
Are we asking for different standards? 
 
 
 
 
 


 
On Saturday, February 22, 2014 12:10 PM, Segun T. Dawodu <stdawodu@gmail.com> wrote:
 
On what Sanusi did in terms of donations and building infrastructures, the questions to be asked are if there are precedents of the CBN doing similar charity work in the past and if there are statutory provisions that allows CBN to do such things. 
 
In exigencies and emergencies, sometimes there may be need to dig into past experiences or unorthodox methods to resolve issues. 
 
There are facts that I knew existed before SLS took over in CBN which included the fact that the Nigerian financial market was at the verge of total collapse due to recklessness and lack of regulatory control of the banks and financial market under Soludo. Those of us who saw this took some of our assets out of Nigeria quickly. SLS' actions stopped the leakage and the ordinary man may not appreciate the danger that was descending in the Nigerian economy before SLS came in. 
 
I think he should move on and my bet is that the hawks who almost destroyed the economy are returning to take us back ante. The consequence is the flight of capital out of Nigeria which has been said to be more than $2B in the last 2 days with Naira value dropping. 
 
Ngozi's threat to resign (even though her resignation was denied) is a pointer to the precarious situation that the Nigerian economy is finding itself at this point. 
 
My bet is that we will be seeing a free fall until the next election which in finance is a long time in the stability of a financial market.  
 
Time will tell on what SLS did in helping the Nigerian economy. SLS has his own eccentricities just like El-Rufai and many others who have shown skills in project implementations. We may need to separate the good they have done from their eccentric behavior in order to fully understand their impact in the development of the country. 
 
 
Segun

On Feb 22, 2014, at 10:41 AM, "bizon586@yahoo.com" <bizon586@yahoo.com> wrote:
This is the unravelling of a very corrupt PDP FG. Both Sanusi and GEJ have a case to answer in the missing funds at the NNPC and the corruption at the CBN. The Petroleum Minister has a direct link with the presidential household and the suspension of Sanusi upon his revelations must be scrutinized.
I will take no side in this matter Odi Isaa.
EUO
 
From: Ezeana Achusim <pachusim@yahoo.com>;
To: Ikenna Okonkwo <biokonkwo1@gmail.com>;
Cc: aauwnycpres@aol.com <aauwnycpres@aol.com>; Bar. Obla <okoi_advocate@yahoo.com>; okonkwonetworks@googlegroups.com <okonkwonetworks@googlegroups.com>; Olu Ojedokun <employlawone@aol.com>; Umu Nnakwe <umunnakwe1@gmail.com>; Ikenna Okonkwo <biokonkwo1@gmail.com>;
Subject: Re: Mallam Sanusi Lamido
Sent: Sat, Feb 22, 2014 3:23:45 PM
 
Ikenna:
 
Go on and defend Sanusi without apologies. In every situation one can be defended. Even the guy who murdered his parents was defended by an attorney who pleaded leniency for the orphan. 
 
Yea. CBN building of schools were visible and audited you say. Was Enugu international visible and audited? Did you mount any defense as you are now doing? Never mind. Sanusi is not Igbo. 
And I am
 
Ezeana Igirigi Achusim
Odi-Isaa
Nwa Dim Orioha 
 
Sent from my iPhone

On Feb 22, 2014, at 6:45 AM, Ikenna Okonkwo <biokonkwo1@gmail.com> wrote:
Gentlemen,
 
I am not HOLDING BRIEF for SANUSI. I am not also saying that all he did was LEGAL but what I found out was that - HIS LARGESSE if you put it that way WERE VERY VISIBLE more than what Government was even doing. They said that it is not the function of CBN to build school hostel whether in ABU or BUK or anywhere BUT AT LEAST WE SAW SOLID BUILDINGS DONE BY THEM and the project was audited, how many did the Ministry saddled with this responsibility - MINISTRY OF EDUCATION AND MINISTRY OF WORKS DID. They said that Sanusi gave N100M to Kano Bomb Blast or BOKO HARAM, that he is a Boko Haram member,  he also gave N25M to Madalla Bomb Blast Victims, how much did the Government Agency saddled with this responsibility NEMA I guess gave out, outside their usual rice, beans and foams, were there any money given as a compensation to their family members but the 25 MILLION to Madalla victims were shared to the 41 victims family, at least there is something to hold on, same was also in Kano.
 
The former CBN Governors have not been into such ventures people say and what happened to the money, was it retained or was it looted or diverted. For me I believe in seeing the man who is working than the man who is "PRESERVING AND OBEYING THE LAW AND LOOTING".
 
The man SANUSI is not a Saint neither anybody is, but most of the allegations against him to me looks like the situation of - NOW YOU HAVE DEFLATED US, LET US ALSO FIND A WAY TO SHOW YOU, YOUR SINS. Well, it will only position this country better as WHEN TWO ROBBERS FIGHT, THAT IS WHEN THEY WILL EXPOSE THE EXTENT OF THEIR ROBBERY PAST, WHO THEY ROBBED, WHO THEY DID NOT ROB AND HOW THEY ROBBED WHO THEY ROBBED AND HOW MUCH WAS ROBBED.
 
Thanks and kind regards,
 
Ikenna.
 
On Sat, Feb 22, 2014 at 1:26 PM, <aauwnycpres@aol.com> wrote:
Barrister

There is only one standard. The problem lies in discriminatory application.

"All animals are equal, but some are more equal than others." - Animal Farm.

Remain blessed

Best
Nkechi
Sent via BlackBerry by AT&T
From: "Bar. Obla" <okoi_advocate@yahoo.com>
Date: Sat, 22 Feb 2014 04:29:08 +0100
Subject: Re: [africanworldforum] RE:Mallam Sanusi Lamido
 
THERE CANNOT BE TWO STANDARDS FOR DEALING WITH ERRING OFFICIALS. THE MINISTER OF PETROLEUM, DIEZANI MADUEKE ADMITTED THAT SHE SPENT N3.5 BILLION ON KEROSENE SUBSIDY WITHOUT APPROPRIATION! 
Sent from my BlackBerry 10 smartphone.
From: Vin Otuonye
Sent: Saturday, 22 February 2014 04:03
To: Olu Ojedokun; Umu Nnakwe; okonkwonetworks@googlegroups.com; NWF
Cc: African GM
Subject: [africanworldforum] RE:Mallam Sanusi Lamido
 
Olu:
 
Yes. That is what due process is all about.
 
Cool Breeze
 
Subject: Re: [NIgerianWorldForum] FW: Mallam Sanusi Lamido
To: umunnakwe1@gmail.com; okonkwonetworks@googlegroups.com; NIgerianWorldForum@yahoogroups.com
CC: africanworldforum@googlegroups.com
From: employlawone@aol.com
Date: Sat, 22 Feb 2014 02:45:57 +0000

Of course we need to receive Sanusi's response to all these then make some judgement.

With Regards

Olu/
Sent from my BlackBerry® wireless handheld from Glo Mobile.
From: Umu Nnakwe <umunnakwe1@gmail.com>
Date: Fri, 21 Feb 2014 21:33:12 -0500
Subject: Re: [NIgerianWorldForum] FW: Mallam Sanusi Lamido
 
1. The governor claimed that CBN paid a total of N38.233 billion to the Nigeria Security Printing and Minting Company (NSPMC) in 2011. In the same 2011 NSPMC reported a total turnover of 29.370 billion Naira for all its transactions with all clients including CBN.-That was false Sanusi lied
 
2. CBN in 2010, acquired 7% shares of International Islamic Liquidity Management Corporation of Malaysia to the tune of N0.743 billion without the consent and approval of President Jonathan. This transaction was not within his mandate as CBN governor and was in clear violation of CBN Act of 2007. - That was false Sanusi lied
 
3. CBN which is not in competition with any agency in Nigeria, spent N3.086 billion in promotional activities in 2012-That was false Sanusi lied
 
4. CBN Spent in 2012 N1.257 billion for private guards and lunch for policemen- That was false Sanusi lied
 
5. CBN's questionable write-off of N40 billion bank loans without the approval of CBN Board of Trustees.-That was false Sanusi lied
 
6. CBN claimed it paid Emirate air N0.511 billion in 2012 to distribute currency nationwide, while Emirate Airline does not operate local charter flights in Nigeria.-That was false Sanusi lied
 
7. CBN claimed it paid Associated Airline N1.025 billion in 2011 for local distribution of currency. Upon inquiry, it was determined that Associated Airline does not have a billion Naira turnover in 2011.-That was false Sanusi lied
 
 
8. CBN "staff loan write-off" in the tune of N3.855 billion in 2012.-That was false Sanusi lied

Sanusi came to rob Nigeria in the broad daylight.
 
On Fri, Feb 21, 2014 at 8:39 PM, Vin Otuonye <vincentotuonye@msn.com> wrote:
 
So much for those defending Sanusi. Please read the attachment below
 
Cool Breeze
 
To: ORAUSA@yahoogroups.com; akah_forum@yahoogroups.com; njabasouth@yahoogroups.com; orluatlanta@yahoogroups.com
From: ccnwachukwu@yahoo.com
Date: Fri, 21 Feb 2014 12:11:29 -0800
Subject: [ORAUSA] Mallam Sanusi Lamido [1 Attachment]

 
[Attachment(s) from Christian Nwachukwu included below]
 
Dear Simon,
 
Please stop defending the former governor of Central Bank of Nigeria, Mallam Sanusi Lamido. He is nothing but a thief. Please take time to read the attached 13 pages damaging report issued by the Financial Reporting Council of Nigeria. As governor of Central Bank of Nigeria, he acted as if the bank was his personal property. Take note that President Jonathan issued a query to the former central bank governor in April 2013, before his revelation of none remittance of $20 billion by the Nigeria National Petroleum Corporation. Please pay close attention to the following facts:
 
1. The governor claimed that CBN paid a total of N38.233 billion  to the Nigeria Security Printing and Minting Company (NSPMC) in 2011. In the same 2011 NSPMC reported a total turnover of 29.370 billion Naira for all its transactions with all clients including CBN;
2. CBN in 2010, acquired 7% shares of International Islamic Liquidity Management Corporation of Malaysia to the tune of N0.743 billion without the consent and approval of President Jonathan. This transaction was not within his mandate as CBN governor and was in clear violation of CBN Act of 2007;
3. CBN which is not in competition with any agency in Nigeria, spent N3.086 billion in promotional activities in 2012;
4. CBN Spent in 2012 N1.257 billion for private guards and lunch for policemen;
5. CBN's questionable write-off of N40 billion bank loans without the approval of CBN Board of Trustees;
6. CBN claimed it paid Emirate air N0.511 billion in 2012 to distribute currency nationwide, while Emirate Airline does not operate local charter flights in Nigeria;  
7. CBN claimed it paid Associated Airline N1.025 billion in 2011 for local distribution of currency. Upon inquiry, it was determined that Associated Airline does not have a billion Naira turnover in 2011; and
8. CBN "staff loan write-off" in the tune of N3.855 billion in 2012.
 
Chris Chima Nwachukwu
On Friday, February 21, 2014 1:51 PM, 122269 C.Nwachukwu <ccnwachukwu@yahoo.com> wrote:
...

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