Abuja - The tenure of Sanusi Lamido Sanusi as the governor of the Central Bank governor may be facing more scrutiny as there are strong indications that the federal government has concluded plans to review the takeover of six banks by the apex bank in 2009.
The government’s decision is being prompted by the World Bank and the International Monetary Fund (IMF) who have written a letter to President Goodluck Jonathan to review the process of the takeover of the banks, reports The Sun.
The two international bodies were forced to write the letter following a series of complaints by shareholders of Bank PHB Plc, Afribank Plc, Spring Bank Plc, Union Bank of Nigeria, Intercontinental Bank Plc, and Oceanic Bank Plc.
The letter was signed by Christine Lagarde of the IMF and Dr. Jim Yong Kim of World Bank.
Read more at The Sun.
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