SANUSI AND ILLEGALITY

Taken aback by the virulent insults and comments recently precisely on 24th July, 2011 in Arewa House, Kaduna, when the SCSN President, Dr. Ibrahim Datti Ahmad vowed that Muslims would defend the implementation of the Islamic banking system “with the last drop of their blood.” “Jaiz bank has come to be and there is nothing they can do about it and if we have to go to war on this, we’ll go to war… Whatever they call themselves, whether archbishops, priests or whatever they are, let them stop disturbing our lives… We’ll meet fire with fire if they make the Jaiz bank impossible.”

Dr. Ibrahim Datti Ahmad was basking in the euphoria of Islam as second to non, just the same way in Kaduna at the venue of the Northern Peace Conference, the former minister of education and oil, and a former senator, Jubril Aminu, had called for the scrapping of the Christian Association of Nigeria (CAN).

The unsavory reputation of Mallam Lamido Sanusi and His allies as a bunch of vicious individuals with a despicable disregard for the rule of law, has gradually reached limits that no rational society can tolerate any further.

As if JAIZ Islamic Banking is a better life support programme, Sanusi Lamido Sanusi and His allies in their guise to Islamise and destabilise Nigeria introduced it to the Nigerian banking sector.

We now have President Goodluck Jonathan and President Mallam Lamido Sanusi of the Central Bank of Nigeria, the constitution said we should not established any bank on any religious basis, Sanusi whom had denied of not planning to Islamise this country has again proved to it.

According to Justice Kolawole - "any operation license granted by the Central Bank of Nigeria (CBN) to any Islamic commercial jurisprudence bank under non interest financial services is "unlawful, illegal, ultra vires, null and void."

Justice Kolawole gave the warning while delivering judgment in a suit filed by an Abuja-based lawyer, Sunday Ogboji.

Justice Kolawole said the guidelines issued by the CBN upon which the Islamic Banking license was granted had no statutory basis upon which its legality can be substantiated".- Justice Kolawole.

I aver that Central Bank of Nigeria, CBN, Governor, Mallam Lamido Sanusi, and deadly Islamic sect, Boko Haram, plotted to Islamise and destabilise Nigeria by secretly introducing Islamic banking against the nation's constitution.

The southerners whom their oil is been used to run CBN will decide on what to do with their oil.  Apart from Jaiz Bank, which is chaired by the former Chairman of First Bank Plc, Alhaji Umaru Mutallab, two other banks have shown interest in offering Islamic banking services. In July last year, Stanbic IBTC Bank was given a provisional licence by the CBN to offer Islamic banking services while Standard Chartered Bank also opened discussions with the apex bank on starting similar services in Nigeria.

However, Lotus Capital, a fund manager and issuing house has carried on business according to Shariah compliant principles since 2004. The company , which is chaired by pioneer Managing Director of Guaranty Trust Bank, Mr. Fola Adeola, prides itself as a pioneer of Islamic finance house in Nigeria offers wealth and asset management services and manages a diversified portfolio which does not employ the use of leverage, or earning from interest-bearing debt, or invests in prohibited businesses such as breweries, casinos, adultentertainment, tobacco, conventional banks and insurance companies.

Again! The southerners whom their oil is been used to run CBN will decide on what to do with their oil.