A member of the House of Representatives, Razaq Bello-Osagie says that the suspension of the governor of the Central Bank of Nigeria (CBN), Lamido Sanusi, by President Goodluck Jonathan is “illegal and against the CBN Act.

He likened the job of the governor to that of an auditor, saying that “the job of an auditor is not an investigator or a police man but an independently trained professional whose duty it is to add value or creditability to the statement presented to him as he shows concerns of the state of affairs of an entity, if anything arises in your suspicion you prove matters to the bottom”.

Speaking on Channels Television’s breakfast programme, Sunrise Daily, Hon. Rasaq stated that the suspension should have come before the report of the unremitted funds came to the public, stressing that “Nigerians want to know if Sanusi’s claims about the unremmitted funds by the NNPC is true and where the funds are located?”

Hon. Rasaq explained that it was the process of “removal” that most Nigerians were not comfortable with. “It is clearly written in Section 11 (2F) of the CBN Act of 2007, but when you violate these processes, it gives an impression of another profound example of impunity”

He insisted that the president had enough time, “this caveat is not just about Sanusi, it can be Emefiele tomorrow” because the CBN as an institution is not an ordinary institution but an institution that is charged with a huge responsibility of how the economy is managed.