Former Governor of the Central Bank of Nigeria, Charles Soludo, has said
former President Goodluck Jonathan ran the apex bank like the former
Ugandan dictator, Idi-Amin. He made this known in an interview in the current
Business Edition of The Interview, where he described the recent
revelations from the arms deal scandal as startling. To him, the Central bank under Jonathan's administration was “the ATM of the Presidency,”.
“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. We are going down a dangerous path that ruins the economy. I
don’t know any other country where such is tolerated, except perhaps
what I watched in a movie about Idi Amin and his governor of central
bank.”
No comments:
Post a Comment