N30tn revenue loss: Senate panel orders 30 CEOs’ arrest

N30tn revenue loss: Senate panel orders 30 CEOs’ arrest

The Senate Joint Committee on Customs, Excise and Tarrif and Marine Transport, on Friday issued a warrant for the arrest of Chief Executive Officers of 30 companies accused of complicity in the N30tn revenue loss in the import and export value chain in Nigeria.

The committee specifically directed the Nigeria Police to arrest the CEOs of Crown Flour Mills, Globacom and 28 others who failed to honour its invitation to answer to their alleged involvement in the alleged scam.

The Senate panel, at its sitting on Friday, said only 33 chief executives responded out of the 63 firms invited.

Chairman of the Joint Committee, Senator Hope Uzodinma, gave the directive at the committee’s investigative meeting on Friday in Abuja. He said the refusal by the CEOs to honour the panel’s invitation despite several reminders was disrespectful to the National Assembly as an institution.

Uzodinma said the 8th Senate would not tolerate such behaviour from anybody, particularly as it concerned the Federal Government revenue.

The companies include the British American Tobacco, CCECC, Dana Group, Olam International Limited, Hong Xing Steel Company Limited, Visafone, African Wire, Starcomms and Allied Limited, and Aarti Steel Nigeria Limited.

Others are Abyem-Diva International Limited, Gagasel International, FrieslandCapina WAMPO, Etco Nigeria, Edic Chemicals and Allied Distributors, De United Foods, Don Climax Group, Skill G Nigeria Limited, Premium Seafood, and La Rauf Nigeria Limited.

Also included are Standard Metallurgical Company Limited, Kam Industries, IBG Investment Limited, Orazulike Trading Company Limited and Popular Foods Limited, A-Kelnal Integrated & Logistics Services, African Industries, African Tiles & Ceramics as well as ZTE Nigeria.

The Senate had mandated the panel to probe into the alleged over N30tn revenue leakages in the import and export value chain between 2006 and 2017.

The committee had met with indicted commercial banks as well as government agencies, while it had penned over 60 companies for investigation over their alleged sharp practices leading to revenue loss.

According to Uzodinma, investigations carried out by the joint committee showed several forms of infractions that had cost the country huge amount of money.

He said, “It is no longer going to be business as usual. We have directed the Nigeria Police Force to arrest the heads of the firms and bring them before us. If we can suspend our recess as lawmakers to see to the end of this investigation, I see no reason why the firms that have been indicted would not come to defend themselves.”

The chairman asked the firms who had appeared before the panel to study the documents given to them and report back to defend themselves against their alleged infractions next week.

Meanwhile, a Lagos-based lawyer, Mr. Jiti Ogunye, has said the Senate, as a body or through its committees, has the power to conduct investigations and take evidence in respect of the investigations that it is conducting, but that the Senate should desist from exercising all its powers all the time.

He said even though they had the power, seeking to deploy it every now and then would be childish and amount to a mockery of the legislative process.

He said, “These powers are exercised by the Senate but these powers are limited and not untrammeled or arbitrary. The Senate has the power to summon any public officer or any person that is connected to any matter over which it has powers.

“Powers are best used when they are not used at all and they serve as potential threat to ensure compliance. So, you can’t be dishing out order for arrest every time.

“Yes, these powers are there for them to summon, take evidence, ensure compliance with summons by effecting an arrest if necessary, but these are not powers that are resorted to every now and then as if it’s something that is commonplace.”

Nigerian Online Newspaper=


follow us on twitter @aljazirahnewsng
Like us on Facebook @aljazirahnewsng

Share This:

Related Posts

Presidency, NASS set to review trade treaties An aide to the President of the Senate, Bamidele Omishore says the Presidency and National Assembly are partnering to review treaties and conventions entered into by Nigeria. Omishore, who is Special Assistant to the Senate President on Foreign Affairs and International Relations, disclosed this ...
Herdsmen/Farmers’ Crisis: Ireland Advises Nigeria The Irish ambassador to Nigeria, Sean Hoy, has said Europe used laws limiting open grazing in addressing farmers and migratory herders conflict. The ambassador was speaking at a panel discussion titled “sharing lessons from Northern Ireland peace process” organised by Embassy of Ireland, Abuja an...
Dogara Assures Work On Road linking North East To Abuja The Speaker of the House of Representatives, Yakubu Dogara, on Saturday said that work will soon commence on a road which will link the North East region to the Federal Capital Territory, Abuja. Dogara made this public when he visited the the Gangwari Ganye, Alhaji Adamu Sanda, at his palace in Gan...
Bauchi NUT Vows To Resist Competency Test BY ALHASSAN MUHAMMAD, BAUCHI The Chairman of Nigerian Union of Teachers (NUT) Bauchi State Chapters Comrade Dan’juma Saleh Kirfi yesterday said that competency test will not have room in Bauchi state. According to the NUT Chairman in a phone call interview with Aljazirah News disclosed that ...
Missing Dapchi Girls: Full List 1. Fatima Bashir 2. Aisha Kachalla 3. Zainab Abubakar 4. Falmata Wakil 5. Fatima Isa 6. Fatima Musa 7. Aisha Usman 8. Aisha Adamu 9. Fatima Isa 10. Hauwa A. Mohammed Idriss 11. Maryam Mohammed 12. Fatima Mohammed II 13. Hauwa Salisu 14. Hassana Gambo 15. Ais...
Super Highway: C/R communities accuse Gov. Ayade of destroyi... Demand compensation By Patrick Ekpoh, Calabar   Communities affected by the construction of the 260 km Super highway project, undertaken by the government of Cross River state, have accused the state governor, Ben Ayade, of destroying the virgin forest and harnessing its resources for selfi...
Fayose In The Villa: A Meeting Of ‘Two Foes’ What was going on in the minds of President Muhammadu Buhari and Ekiti State Governor Ayodele Fayose who are perceived by many Nigerians as foes, yesterday? Definitely, the two politicians are not the best of friends. Many have described them as perceived political foes. They belong to different ...
Shagari Hail Saraki, Dogara For Passage of NILDS Bill By Ali Maha, Abuja The Chairman House committee  on Judiciary Hon Aminu Shehu Shagari and the Director General  National Instute for Legislative and Democratic  Studies (NILDS) today held a media conference  to intimate and highlight  NILS expanded mandate which culminated from the National Insti...
Yobe: Senate wants remaining missing schoolgirls rescued The Senate on Thursday urged the Federal Government to intensify efforts to ensure the safe return of all the schoolgirls abducted by insurgents in Yobe. This followed the adoption of a Point of Order raised by Sen. Bukar Ibrahim during plenary. Ibrahim, while commending security agencies over th...
Again! Amnesty Int’l Indicts Security Agencies On Abus... Human rights organisation, Amnesty International, has accused Nigerian security forces of carrying out widespread abuses such as extra-judicial killings, arbitrary arrests, mass detention in sub-human facilities, attacks on the media and journalists, violent crackdown on peaceful protesters, forced ...
Senator Kicks Against Adamu’s Sacking The Senator representing Bauchi South Senatorial District at the National Assembly, Senator Ali Wakili, on Thursday during the plenary protested against the removal of Senator Abdullahi Adamu as Chairman of the Northern Senators Forum without the general knowledge of its members. Senator Wakili, ...
Adamu Replaced As Chairman Northern Senator Forum The Northern Senators Forum yesterday sacked its chairman, Senator Abdullahi Adamu, for alleged  “financial mismanagement and misadministration”. Adamu, a third time Senator and an ally of President Muhammadu Buhari  represents Nasarawa West in the upper chamber. The senators announced Sen...
Monkey Stole N70m In Senator Abdullahi’s Farm House A senator, Shehu Sani (Kaduna-APC), has given some insights into why Abdullahi Adamu (Nasarawa-APC) was removed as chairman Northern Senators Forum. Mr. Sani said about N70 million belonging to the group was claimed to have been carted away by monkeys in a farm house. Mr. Adamu’s removal was a...