In a recent explosive interview with the current Business Edition of The Interview, former Governor of the Central Bank of Nigeria, Prof. Charles Soludo, accused former President Goodluck Jonathan of running the central bank of Nigeria like the former Uganda dictator, Idi-Amin.
The Anambra state born university don, described the recent revelations from the arms deal scandal as startling, saying that the Central bank under the last administration was “the ATM of the Presidency,”.
In his words:
“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.”
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