Tuesday 25 February 2014

Sanusi was a mistake —UTOMI

Prof. Pat Utomi
Prof. Pat Utomi

As controversy rages over the suspension of Mallam Sanusi Lamido, a renowned economist, Professor Pat Utomi has berated the tenure of  Lamido as a Central  Bank governor, describing his original appointment as “a huge mistake”

Reacting to the suspension of the controversial apex bank chief in a chat in Abuja, the Director of Lagos Business School, said Sanusi should never have been appointed as a Central Bank governor in the first place, declaring “it should not have happened”

Utomi joined two Senior Advocates of Nigeria, Mr. Femi Falana  and Chief Mike Ozhekome who had issued legal positions on the suspension of the apex bank chief. While Falana blamed Sanusi for not resigning when so directed by President Goodluck Jonathan, Ozhekome cited alleged infringements of extant rules to justify Sanusi’s suspension.

Utomi, however, faulted the nomination and appointment of Sanusi five years ago on the ground that the suspended bank chief lacked certain qualities of a Central Bank Governor
Utomi said:  “It should not have happened. Sanusi’s appointments was wrong in the first place. He was not suitable for the job. CBN governors  all over the World are men of great discretion in actions, pronouncements and deeds.”
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