Reps, Sanusi disagree on N420bn bailout for five banks
Members of the House of Representatives Committee on Banking and Currency and the Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday disagreed over the legality of the N420 billion bailout for five stressed banks.
The disagreement arose during a meeting between the lawmakers and Sanusi over the lawmakers' stand that the injection of the fund should have been done with approval of the National Assembly.
Related story: Reps summon Sanusi over banks’ shake-up - www.punchng.com
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