Former Vice President Atiku Abubakar has flayed the federal
government’s decision to suspend Central Bank governor, Sanusi Lamiso
Sanusi, describing the action as abuse of power.
Reacting to the suspension in a statement issued by his media office
in Abuja, the former Vice President maintained that the President had no
power to remove or suspend the CBN Governor in such manner.
The former Vice President, who confessed that he has no details of
the nature of Sanusi’s alleged “offences”, neither was he in the
position to defend them, said “whatever might be the offence Sanusi
committed, President Jonathan should have followed constitutional
process to suspend or remove the CBN Governor instead of exceeding the
boundary of his powers.”
“This is not about Sanusi as a person, or the person nominated to
succeed him, Godwin Emefiele who is a thorough bred professional. It is
about due process that should be upheld,” Atiku said.
Sanusi who was in Niger with other central bank governors of West
Africa when the suspension was announced according to CBNC said ‘Well I
don’t know what they are talking about when I come back I will see what
those allegations are.
“I don’t think there is any issue that is been raised that has not
been raised before, but you know we all know what this is about. This is
about the consequences for the changes that I have made and this is
something that is long overdue. I’m surprised it took them so long,” he
explained.
“Basically, my biggest concern is for the system and I hope that the
Nigerian economy will not be hurt by this. I also hope the integrity of
the central bank will be protected … I’ve been fortunate to have had an
opportunity to do some good work on the bank on stability. I would not
want to see all of that unravelled and no individual is worth it,” he
said.
“You can suspend an individual but you can’t suspend the truth. If
this is all about the concerns around oil revenues in the oil sector, if
this is going to bring back the 20 billion dollars then that is fine,”
he added.
“Like I said, I have no regrets, I have no ill-feelings, with no
sadness, I’m happy. I’m proud of what I have done,” Sanusi concluded.
He was later detained for questioning by the SSS.
According to Atiku, silence in the face of such abuse of power by the
President of the country was capable of sending the wrong message and
setting a dangerous precedent.
He recalled that, when he became a victim of such abuse of power in
the past following his suspension as Vice President by former President
Olusegun Obasanjo, he went to court to challenge the action and that the
Federal High Court, the Court of Appeal and the Supreme Court ruled
that a President cannot suspend a public officer he had no power to
sack.
Atiku therefore advised the suspended the CBN Governor to go to court
to challenge his suspension in the interest of constitutionalism and
the rule of law.