Amaechi Leaked My Letter To Jonathan On 'Missing $20bn' - SANUSI

 

Rotimi Amaechi, former governor of Rivers state and now minister of transportation, leaked former CBN governor Muhammad Sanusi II’s letter on the “missing billions” in oil revenue.

Sanusi, as central bank governor, had written to former president Goodluck Jonathan in 2013 to raise the alarm over billions of dollars from oil sale not remitted to the federation account.

Sanusi was later suspended as CBN governor but he became emir of Kano while he was in court seeking that his suspension be declared illegal.

The emir of Kano revealed that Jonathan did nothing until former President Olusegun Obasanjo wrote his own letter.

Amaechi on Wednesday night confirmed to TheCable that he was the one that leaked the letter “because the corruption was simply too much”.

JONATHAN SAID I LEAVE OR HE LEAVES

Narrating the $20 billion saga to Forbes Africa, Sanusi said that in 2012 and 2013, government revenue collapsed by $10 billion, without a collapse in oil prices or production capacity, adding that the CBN found a $49 billion revenue gap.

Shocked at the revelation, Sanusi said he wrote Jonathan, saying: “If this continues, we are going to have a big problem if the price of oil came down. We can’t protect interest rates, we can’t protect exchange rates, we can’t protect reserves.

“We may have to tighten money to prevent inflation, there will be unemployment, government will suffer – all of the things we are seeing today.

 

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