{"id":221120,"date":"2024-09-27T00:04:43","date_gmt":"2024-09-27T00:04:43","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/09\/27\/no-49-8bn-missing-under-my-watch-didnt-sack-sanusi\/"},"modified":"2024-09-27T00:04:43","modified_gmt":"2024-09-27T00:04:43","slug":"no-49-8bn-missing-under-my-watch-didnt-sack-sanusi","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/09\/27\/no-49-8bn-missing-under-my-watch-didnt-sack-sanusi\/","title":{"rendered":"No $49.8bn Missing Under My Watch, Didn’t Sack Sanusi"},"content":{"rendered":"

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Former President Goodluck Jonathan, has denied sacking Muhammad Sanusi, the Emir of Kano, as Governor of the Central Bank of Nigeria (CBN), over claim that $49.8 billion went missing from the country\u2019s coffers.<\/p>\n

According to Jonathan, Sanusi was suspended because the Financial Reporting Council queried the CBN\u2019s expenditure.<\/p>\n

He said an international audit firm was employed to scrutinize the CBN and it was discovered that no amount went missing, contrary to Sanusi\u2019s claim.<\/p>\n

Advertisement<\/span><\/p>\n

Jonathan spoke at the launch of the book, \u2018Public Policy and Agents Interests: Perspectives from the Emerging World\u2019, co-authored by former Minister of Finance, Shamshudeen Usman, who served as Minister of Planning under his administration.<\/p>\n

His words: \u201cLet me mention that I did not agree with some issues raised by one of the contributors. But I don\u2019t intend to join issues because he is our royal father. And he is here.<\/p>\n

READ ALSO: We\u2019re Ready To Support Goodluck Jonathan In 2027, Atiku Can\u2019t Decide For Us \u2013 PDP<\/p>\n

\u201cThe one he raised that he was sacked because he blew a whistle that the Federal Government lost $49.8 billion is not quite correct. He was not sacked, he was suspended because the Financial Reporting Council queried the expenditure of CBN. And there were serious infractions that needed to be looked at. That was the reason.<\/p>\n

\u201cBut somehow, the time was short. So before we finished, his tenure elapsed. Probably, he would have been called back.<\/p>\n

\u201cOn the issue of $ 49.8 billion, till today, I am not convinced that the Federal Government lost $49.8 billion.<\/p>\n

\u201cAnd that year, our budget was $31.6 billion. So for a country that had a budget of $31.6 billion to lose about $50 billion and salaries were paid, nobody felt anything. The researchers that wrote this book need to do further research.<\/p>\n

\u201cAnd more so, when our revered royal father came up with the figures. First $49.8 billion, later $20 billion and later $12 billion. I don\u2019t even know the correct one.\u201d<\/p>\n

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Former President Goodluck Jonathan, has denied sacking Muhammad Sanusi, the Emir of Kano, as Governor of the Central Bank of Nigeria (CBN), over claim that $49.8 billion went missing from the country\u2019s coffers. According to Jonathan, Sanusi was suspended because the Financial Reporting Council queried the CBN\u2019s expenditure. He said an international audit firm was […]<\/p>\n","protected":false},"author":1,"featured_media":189455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-221120","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria-news"],"yoast_head":"\nNo $49.8bn Missing Under My Watch, Didn't Sack Sanusi - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/09\/27\/no-49-8bn-missing-under-my-watch-didnt-sack-sanusi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No $49.8bn Missing Under My Watch, Didn't Sack Sanusi - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Former President Goodluck Jonathan, has denied sacking Muhammad Sanusi, the Emir of Kano, as Governor of the Central Bank of Nigeria (CBN), over claim that $49.8 billion went missing from the country\u2019s coffers. 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