A story appeared on a news website last week suggesting that the governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, had flouted certain recruitment rules and allowed conflict of interest to overshadow his better sense of discretion. CBN’s denial was a bit weak and contradictory. I expect further clarification on this matter. I do not know if Sanusi is guilty or not, or if the purported offence is worth punishing at all, but these allegations are worth investigating all the same. A critical part of institution-building is making sure rules, regulations and procedures are properly followed.
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