Court Issues Restraining Order Stopping Financial Reporting Council From Further Investigating Sanusi

The suspended governor of Nigeria’s Central Bank, Lamido Sanusi seems to be enjoying some good fortune at the moment. Less than 24 hours ago a court ruled that Sanusi’s brief detention and passport seizure by the Department of State Security Service, SSS, after his suspension was illegal. The court also ordered that N50 million damages be paid to Sanusi.

Today (Friday), a federal high court in Lagos has issued a preservatory order which restrains the Financial Reporting Council of Nigeria, FRCN, from investigating Lamido Sanusi. The order was given by Justice J.T Tshoho while regarding a suit filed by the Ex-CBN boss through his counsel, Kola Awodehin. This order will stop the FRCN from investigating Sanusi’s tenure at the apex bank.

On the 27th of March failed to appear before the FRCN which is currently investigating allegations of financial recklessness during Sanusi’s administration at the apex bank.

This court order issued will now stop the FRCN from further investigation

The case was adjourned to April 11.

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