Posted on: 10:55 Tue, 15 Dec 2015



All these accusations and counter-
accusations is beginning to get
worrisome. Emir of Kano,
Muhammadu Sanusi II has denied
claims that he gave the office of the
embattled former National Security
Adviser Sambo Dasuki N40 billion
while he served as the Governor of
the Central Bank of Nigeria.

He denied the claims in an interview
with The Cable…

“This is completely untrue. In the
first place, I understand the laws of
money laundering. And it is a
criminal offence.

The central bank is the chief
regulator charged with ensuring we
put an end to money laundering.

This is partly why we started our
cashless Nigeria project and why I
started the BVN project.

I would never authorize that amount
of cash to be moved to the office of
the NSA or to anyone even if it was
in their account.

I do not know where they are getting
these strange stories. I was removed
from the CBN in February 2014, and
to the best of my knowledge, the
EFCC is probing disbursements
allegedly made made in late 2014
and early 2015 before the general
elections, if indeed they happened.

I find it difficult to believe that this
could happen in the CBN that I know
but we have to wait and see what the
investigations come out with.

Certainly whoever is linking me to
this did not even bother to look at
the dates of the alleged transactions.

I know nothing about them, period.

We never gave cash to anybody. If
we did we disclosed it in published
accounts under CSR. Our
interventions, be this to educational
institutions or security services, took
the form of clearly identified
projects or specified procurement,
done through well laid-down
procedures, including competitive
bidding, award of contracts, and
collection of no-objection certificate
from the due process office.
We did not give cash to anybody.

The total amount disbursed by the
CBN on capital projects in my five
years was N55 billion.

And this included contracts for CBN
branches and our CSR interventions
mainly in the universities and
secondary schools.

How can anyone suggest that we
gave N40 billion to ONSA?” he said