Reps want Sanusi’s cash donations probed

 ABUJA — THE House of Representatives, yesterday, called for investigation of the Central Bank of Nigeria, CBN, Governor, Mallam Sanusi Lamido Sanusi’s recent controversial cash donations to Kano State bomb victims and the University of Benin.

 

Malam Lamido Sanusi, Governor, Central Bank of Nigeria
 
his came as the House moved to reduce the powers of the Central Bank of Nigeria, CBN, specifically, in the areas of appropriation and constitution of the bank’s board.
 
The legislators also want Governor of the apex bank removed from the board of the bank.
 
This development came barely a week after a similar move by the Senate resolving to reduce the powers of the CBN, its governor, and other principals of the regulatory body.


 
The CBN Act, which lawmakers seek to review, vests the responsibility of considering and approving of annual budget on the Board of the bank. The CBN, by virtue of the Act establishing it, is insulated from the powers of appropriation and control of public funds domiciled in the Legislature,  leaving room for arbitrary expenditure, lawmakers insist.
 
At yesterday’s plenary, a Bill for an Act to Amend the CBN Act, 2007 to appoint a person other than the governor as the chairman of the board of the bank passed second reading. Also, the Bill, if finally passed, will exclude deputy governors and directors as members of the board.
 
In a debate, all in support, lawmakers described as an anomaly a case were the National Assembly is prevented from scrutinizing the budget of the CBN as is the case with all agencies of government which are required to submit their budgetary estimates to the National Assembly for consideration.
 
Reps want Sanusi’s cash donations probed
 
The donations received widespread disapproval as The Green Chamber passed a resolution condemning the donations, and called for investigations.
 
“I see clearly the usurpation of the powers of appropriation of parliament,” Deputy Majority Leader, Leo Ogor, said.
 
According to Ogor, the review of the CBN Act was necessary to ensure that the apex bank is answerable to the people.
 
The chairman of the House Committee on Power, Patrick Ikhariale, described as ‘obnoxious’ powers of the CBN to fix emolument of its staff without recourse to the National Salaries, Incomes and Wages Commission, adding: “The CBN as it is today has by all means become an octopus.
 
“It is on record that the salaries of the president, vice president, Senate president and House speaker is fixed by the relevant government agency.”
 
The Chairman, Public Accounts Committee, PAC, Solomon Olamilekan Adeola said the CBN did not have an audited budget spanning 2009-2011 and described the development as a clear violation of constitutional provisions
 
Also yesterday, the Speaker, Mr Aminu Tambuwal, warned government Ministries, Departments and Agencies (MDAs) from illegal spending of their Internally Generated Revenue without parliamentary approval.
 
Tambuwal mandated its relevant committees overseeing MDAs to propose amendments that would check unpermitted spending by government agencies.

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Posted: at 3-05-2012 07:46 AM (13 years ago) | Gistmaniac

Ok

Posted: at 3-05-2012 09:51 AM (13 years ago) | Gistmaniac

that man should be thrown to jail, i can see our honorables working, am proud of you guys, mallam sanusi is one of the major sponsors of boko haram. not just probing him, he should be sentence as well, and GEJ should be mindful of people he appoint in civil and public service, and not extremist & fanatics.

Posted: at 3-05-2012 10:10 AM (13 years ago) | Newbie

donating is not the issue here, but from whos pous is the donation coming from? secondly the donation should have gone to the victims  families and not state government.

Posted: at 3-05-2012 10:15 AM (13 years ago) | Newbie

Where d money come from?

Posted: at 3-05-2012 11:03 AM (13 years ago) | Hero

 

Posted: at 3-05-2012 01:12 PM (13 years ago) | Gistmaniac

 

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Posted: at 3-05-2012 01:47 PM (13 years ago) | Addicted Hero

I C

Posted: at 3-05-2012 02:08 PM (13 years ago) | Upcoming

THEY JUST WANT TO COLLECT THERE OWN SHER NA TODAY SEE MY PPL ALL THIS PEOPLE THEM BE THIF THIS IS IS WHY ALL  OF US MUST JOIN HAND TO VOTE  THE IMO STATE GOVERNOR  ROCHAS OKOROCHA OR SOME ONE WE THE YOUTHS OF THIS GREAT NATION WILL CHOSE AND SUPPORT HIM TILL THE END IM NOT DOING CAMPAIGN FOR ANY BODY  BUT    LETS FORGET ABOUT TRIBE  HERE THIS IS A VERY SEROUS MATTER NA WE DEY SUFFER THE WHOLE THINGS WE THE YOUTHS OF THIS COUNTRY WE NEED TO SAY NO!!! TO ALL THIS OLD MAN THIEVES AND SAY ANOFF IS ANOFF WE DESERVE BETTER LIFE LIKE OTHER COUNTRY'S LOOK AT NIGERIA COMMON LIGHT THIS PEOPLE CAN NOT EVEN GIVE US UPON ALL THE MONEY THEY WEST EVERYDAY ON NEWS PEPPERS MY BROTHERS AND SISTER YOU CAN NEVER KNOW HOW BAD NIGERIA IS UNTILL YOU  TRAVEL OUT OF NIGERIA YOU WILL REALIZE THAT WE ARE THE LAST IN EVERYTHING A  COUNTRY NEED THIS IS VERY VERY SEROUS WHAT IS THIS THINGS WE ASK OUR GOV TO GIVE US JUST LIGHT WATER GOOD ROOD IS THIS TOO MUCH FOR US TO ENJOY WITH ALL THE NATURAL WEALTH GOD GIVE THIS GREAT COUNTRY  THE SUFFERINGS OF NIGERIANS IS TOO MUCH IM TELLING YOU THE TRUTH I FEEL LIKE CRYING FOR NIGERIANS EACH TIME I LOOK BACK HOME WE HAVE A VERY BAD GOV AND WE THE YOUTH OF THIS NATION SHOULD RISE AND SAY ANOFF IS ANOFF COME AS ONE AND FIGHT OUR BATTLE LET US FORGET ABOUT TRIBE BECAUSE THIS TORCHES EVERY BODY  PLS MY PPL IF YOUR WITH ME ON THIS LETS JOIN HAND ARE YOU IN OR OUT ?

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Posted: at 3-05-2012 04:07 PM (13 years ago) | Upcoming

ok

Posted: at 3-05-2012 05:56 PM (13 years ago) | Hero