Business Standard

Nigeria: Agents seize passport of ousted governor

Image

AP Lagos
Nigerian security agents have seized the passport and are plotting to arrest the internationally respected banker who was ousted as Central Bank governor after he revealed that billions of petrodollars are missing from the treasury, a friend and former Cabinet minister said today.

The agents who seized Lamido Sanusi's passport at Lagos airport Thursday said they were "acting on orders from the villa in Abuja," meaning Aso Rock Villa that is the president's office and official residence, said Nasir El-Rufai, a former minister for the capital territory who is now in the opposition.

Sanusi's lawyers are filing suit for alleged breach of his right to free movement and for threats of arrest and malicious prosecution without basis, El-Rufai told The Associated Press.
 

El-Rufai said his and Sanusi's contacts at State Security have tipped them off that agents have obtained a warrant to arrest Sanusi.

The spokeswoman for the State Security Service, Marilyn Ogar, did not respond to requests for comment.

President Goodluck Jonathan on Thursday ousted Sanusi, accusing him of "financial recklessness and misconduct." Critics say Sanusi was ousted because he exposed some USD 20 billion in missing petrodollars that they suspect could be used to fund campaigning for presidential and legislative elections next February.

Nigeria's naira currency, of which Sanusi was a staunch defender, immediately fell from 163 to 169 to the dollar, in what analysts said is the biggest fall since a 2009 devaluation.

Sanusi said he will challenge the suspension in court, not because he wants the job back, but because it threatens the independence of future Central Bank governors. He spoke in an interview with Channels TV aired today.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 22 2014 | 12:25 AM IST

Explore News