How Lamido Sanusi cleaned up Nigeria’s banks
In August 2009 the governor of the Central Bank of Nigeria announced that he was removing the top management of five leading Nigerian banks as part of a bailout package. More bosses were subsequently thrown out. About 200 bankers and investors are now facing criminal investigations. Here for the first time, Sanusi explains to Nick Kochan why he intervened.
"If they are interested in owning Nigerian banks, they are very welcome to look at them"
Lamido Sanusi, governor of the Central Bank of Nigeria
We will not deter foreigners from coming to Nigeria; we will not stop them from owning the banks.