CBN Fails In Attempt To Defend Sanusi's Illicit Afffair

The Central Bank of Nigeria has failed woefully in its attempt to defend Governor Lamido Sanusi allegation of illicit affairs with a female Director of the Bank.

In a letter addressed to the Editors of Premium Times that initially wrote the story ,the Bank through its Director Corporate Communications Ugochukwu Okoroafor failed to address the issues raised in the initial allegations.
 This is CBN reaction and Premium Times reply.


 3rd June, 2013
The Ag. Managing Editor,
Premium Times 

Our attention has been drawn to the libelous story posted on your website on 2nd June, 2013, on the Governor of the Central Bank of Nigeria (CBN), and which has now been circulated by other online websites and blogging groups.

The post was full of fabrication and inaccuracies. Ordinarily this would have been best ignored. We are however constrained to write to you on account of the severe implications of the allegations for the integrity of the CBN, as an institution.
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It is also important to reaffirm our long-standing commitment to due process and international best practice in the discharge of every aspect of our statutory mandate.
We wish to state that CBN is an equal opportunity employer, which prides itself with having female members of staff that possess the highest qualifications, competencies and skills. It is rather reprehensible for anyone to cast such aspersions on the qualifications and integrity of our female staff.
In the publication, you made the following false allegations:

1.            That Dr. Maryam Yaro is a staff of the CBN at the level of Assistant Director and that she was recruited without due process, as  she was not qualified for the role.
2.            That the CBN Governor introduced Dr. Yaro to the CBN and exerted pressure on the Human Resources Department to recruit her.

We wish to state the fact as follows: 

1.            Dr. Maryam Yaro is not, and has never been an employee of the Central Bank of Nigeria. She was one of four consultants (three of whom were male), hired by the Nigeria Incentive-based Risk-sharing System for Agricultural Lending  (NIRSAL) Plc; on a one year contract, renewable on the basis of satisfactory performance. NIRSAL Plc is a special purpose vehicle (SPV) set up by the Federal Government of Nigeria, through a partnership between the CBN and the Federal Ministry of Agriculture and Rural Development (FMARD). 
2.            In the course of establishing NIRSAL, the Hon. Minister of State for Agriculture and Rural Development, through a formal letter, recommended Dr. Yaro to participate in the project as a Specialist on Rural Finance Access. 
3.            Dr. Yaro was hired after a rigorous selection process conducted by the the NIRSAL Project Implementation Office. This clearly contradicts the claim that Dr. Yaro was brought in by the CBN Governor. 
4.            Contrary to allegation that the Governor expedited recruitment of Dr. Yaro, the PIO’s recommendation to hire her as a Consultant, was written on March 30, 2012 but only received final approval on June 20, 2012.  
5.            It is pertinent to add that Dr. Yaro’s academic qualifications and experience eminently qualify her for the job. She is a Doctor of Veterinary Medicine (DVM), who speaks three Nigerian languages, and has extensive experience working with farmers across the country on different agricultural programmes. She has also been a consultant to the Food and Agricultural Organization (FAO); and was one of the experts working in the National Programme on Food Security before she was engaged by NIRSAL. 
6.            Please find attached, the relevant documents in support of the facts stated above and we hope you will give this the same publicity you gave your initial story. 

We have noted that the other allegations in the post border on the person of the CBN Governor and are consistent with previous attacks. In line with the Governor’s usual practice of not responding to these libelous comments on his person, we have decided not to respond.

The CBN shall remain resolute in the pursuit of its statutory mandates regardless of any attempt to distract the institution or its officers.

Thank you

 Ugochukwu A. Okoroafor
Director, Corporate Communications,
Central Bank of Nigeria

Premium Times reaction through Acting Managing Editor, Idris Akinbajo,

“We knew the story was going to shock a lot of people. We were under no illusion that Nigerians would hurriedly swallow the bitter truth of the revelations made in the story. We have discharged our responsibility of providing information we believe citizens need to hold officials accountable.
“Our job is done, as we will only continue to provide additional information as necessary. It is left for Nigerians to either demand accountability or live with, and celebrate the indiscretions of their leaders.
“We stand firmly by our story and look forward to the moment the CBN Governor will boldly look Nigerians in the face and say the things we reported in that story did not happen.”


CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

13 Comments

  1. CBN we all know how premium times fabricate stories so please don't bother to explain. That how there editor in chief make his own money.

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  2. Pls Premium Editor to answer these questoins:
    1.Does the so called illicit affair of CBN Gov affect his job?
    2.Are the attached docus in respect of Dr Yaro not good enough to merit her the post?
    If not,why the blackmail? Unfortunately, he is not the type that succumbs to cheeap blackmail and U disappoint me for resorting to these kind of junk journalism.

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  3. This is purely blackmailing the said CBN Governor. I don't believe there's an iorta of truth in the allegation!

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  4. Have you confirmed? Morality should be upheld by all and sundry especially the leaders in all spheres of life. To whom much is giving much is expected. Human beings are not to act irresponsibly. CBN governor, please search your conscience, we expect you to be morally upright!

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  5. Body no be firewood. My gov. Abeg fire down but use your condoms!

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  6. CKN, i had respect for u B4 but i now realice i'm totally wrong. You have been feeding me with lies and malicious information. I regret ever checking your site

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  7. Its soo obvious this is politically motivated and someone is cheaply using this premium magazine to tanish Sanusi's image. Nigerians are known to always abuse privrledges, so keep on mis guiding the public MR INNOCENT

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  8. ₪ø̲̣̣ smoke without fire

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  9. Mumu which smoke nah,idooit read well

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  10. Where are we heading in this Country ? Many claim we are religious people such fear God,sure to taste death pill and account our deeds hereafter. Why then cheaply ready to damage the few doing good work for the Nation ? Today,the few so-call intellectuals who supposed to help to educate,enlighten or entertain through both prints and other media owned by them or which promote them are busy executing other agendas. No wonder,I now discovered some Newspapers,Magazine,Tv and Radios Stations are established in place of Guns to extort dishonest and or innocent Politicians or Civil Servants.Slender or blackmail are no more Sins in the Bible or Quaran of some so-call Civilised elements. I cry for this hour.

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    Replies
    1. Thank u for the findings. May be the sponsors are from the Commercial city. Allah will in His mercy crown Sanusi as the Emir to help uplift the declining trade and commerce of Kano Emirate.His crime may be,he is not interested in CBN 2nd term but wanting to be an Emir. Kingmakers will be guided by their Creator.

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  11. Pls let's don't believe all that is being published by this newspaper company..most often dey try to fabricate stories jus to sell their papers n make their paper popular..n what is even premium business if he is actually in a relationship with d said lady..pls let's try to face more serious issues

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  12. Some Nigerians can be Gullible and Irresponsible in there response. They allow emotions cloud there reasoning. She's a staff with cbn either by virture of contract or full staff. Anyway, that's not even my issue.
    An allegation has been leveled against the CBN governor. Why are you guys defending him? If he believes the Allegation is false and a defamation of character, Let him go to a competent court to have this addressed. Else, His Silence will be taken to mean consent. No responsible fellow who's innocent of such libelous allegation will leave it unaddressed.

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