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The Financial Reporting Council of Nigeria, FRCN, has suspended further investigation of the suspended Central Bank of Nigeria, CBN, governor, Lamido Sanusi.
The decision to suspend the probe of the embattled governor followed the receipt of a notice of the commencement of the legal process in an application before the Federal High Court in Lagos. Mr. Sanusi had asked the court for an interlocutory injunction to restrain the Council from continuing its investigation of him and the CBN.
In the wake of his suspension from office by President Goodluck Jonathan on February 21, Mr. Sanusi had gone to court to seek an order to restrain the government and its agencies from further sanctions against him, including arrest and detention.
Click source for more details: Premium Times
The decision to suspend the probe of the embattled governor followed the receipt of a notice of the commencement of the legal process in an application before the Federal High Court in Lagos. Mr. Sanusi had asked the court for an interlocutory injunction to restrain the Council from continuing its investigation of him and the CBN.
In the wake of his suspension from office by President Goodluck Jonathan on February 21, Mr. Sanusi had gone to court to seek an order to restrain the government and its agencies from further sanctions against him, including arrest and detention.
Click source for more details: Premium Times
