The Federal High Court sitting in Lagos on Monday barred the Financial Reporting Council of Nigeria (FRCN) from investigating suspended Governor of the Central Bank Nigeria, Lamido Sanusi.
The court’s decision is coming three months after the Nigerian President, Goodluck Jonathan, suspended Mr Sanusi on allegations of financial recklessness. Sanusi rushed to the court asking it to stop further further investigations.
The Financial Reporting Council of Nigeria had indicted Sanusi of allegedly involving himself in gross financial recklessness running into several billions.
Sanusi has denied the allegations, saying he had followed approved procedures while doing his job.
At a sitting in April 18, the court said the judgement on the suit filed by Sanusi, challenging his invitation to appear before the investigating panel set up by the FRCN, would be delivered on May 12. Sanusi
At the April 18 proceedings, presided over by Justice John Tsoho, counsel to the suspended CBN governor, Mr Kola Awodein, insisted that the FRCN should be stopped from further investigating Mr Sanusi because the organisation had demonstrated bias when it earlier indicted him without giving him the opportunity to defend himself.
Most Nigerians have lost faith in the Judiciary as regards the prosecution of alleged criminals. A very clear case was that of former Delta State Governor, James Ibori who was acquited by a Nigerian Court, but is now serving jail term in United Kingdom.