Lagos - Charles Soludo, former Governor of the Central Bank of Nigeria (CBN), has revealed that former Nigerian president, Goodluck Jonathan, ran the bank as if it was his personal ‘ATM’.
Premium Times reported that Soludo revealed in an interview that Jonathan ruled the CBN similarly to Idi-Amin - the Ugandan dictator who ruled the country with an iron fist from 1971 to 1979.
Soludo said that even though the CBN claims to be independent, it is a ‘victim of high-wire politics’.
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“Imagine a scenario where a president can order the CBN to create an intervention fund for national stability and CBN literally ‘prints’ say, N3 trillion, and doles it out cash to the Presidency to prosecute an election campaign or for just about anything he fancies. It is a scary thought.”
He said that with the arrest of the former NSA, Sambo Dasuki, and the reveal of the $2.1 billion arms scandal, and how the CBN was abused by the presidency, the country is becoming aware of the corruption taking place in the government.
Read more at Premium Times
- News24 Nigeria