Parliament Point-Blank On Acting CBN Governor

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Abuja - September 1 - (Mediaage NG News) – The House of Representatives’ Ad-hoc Committee investigating the non-remittance to the National Housing Fund and utilisation of other funds from 2011 to date, on Thursday cautioned the Acting CBN governor, Folashidun Shonubi of arrest, for failing to respond in person to an invitation from the House.

While ordering his representative, Haruna Mustapha, Director, Banking Supervision, back, the Committee gave Mr. Shonubi, along with the Accountant General of the Federation, Dr. Oluwatoyin Madein and other banks alleged to have defaulted in remittance, next week Thursday to appear with all the required details.

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Chairman of the Ad hoc Committee, Musa Bagos, at the sitting of the committee furiously condemned the attitude of government appointees “who will always give excuses whenever invited before the parliament”.

The Committee despite its readiness to give fair hearing to everyone, will not hold back to invoke the law on anyone that attempts to undermine its authority or sabotage the investigation, Bagos warned.

“We will not tolerate a situation whereby CEOs shy away from coming up to give evidence. Each time all the CEOs claim they have travelled abroad, he said.

“We insist on having the Accountant General of the Federation and the Acting Governor of the CBN appear before this Committee unfailingly next Thursday at 11am.

“We are not going to entertain their representatives.

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“Today, we invited all the banks but only UBA, Zenith, Heritage and Sterling Bank came. We’ll not take it lightly with the absentee banks any longer. They must appear next Thursday”

The Committee also rejected taking any evidence from the Director of IPPIS, Mr. Emma Deko, who represented the Accountant General of the Federation, insisting that she must appear in person.

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