Senate summons Fashola, Ahmed, UBA, others

Read Time:1 Minute, 28 Second

The Senate on Tuesday, summoned the management of the United Bank for Africa to appear before it over its alleged N41bn indebtedness to the creditors and liquidators of the defunct Nigerian Telecommunications Limited and the Mobile Telecommunications Limited.

The Senate Committee on Ethics, Privileges and Public Petitions, issued the summons following a petition sent to it by J .U Ayogu and Co, on behalf of NITEL/MTEL .

The Chairman of the Committee, Senator Ayo Akinyelure, therefore ordered the Group Managing Director and Chief Executive Officer of the Bank, Kennedy Uzoka, to appear before his panel unfailingly on August 5, 2020.

 In a related development, the Senate also on Tuesday summoned the Minister of Finance, Zainab Ahmed, his counterpart in the Ministry of Works and Housing, Babatunde Fashola and the Accountant General of the Federation, Ahmed Idris, to appear before it on over the legacy projects of the Federal Government.

Also summoned were the contractors handling the legacy projects which included the Lagos -Ibadan Expressway, the Abuja-Kaduna- Kano Expressway and the Second Niger Bridge.

 The Senate Committee on Finance led by Senator Solomon Adeola, gave the summon after a meeting with the management of the Sovereign Investment Authority, led by its Managing Director, Mr Uche Orji.

Adeola, who spoke on behalf of the Senate panel said the committee needed those being summoned to provide information about the variations that had taken place on the projects and the approving authorities.

He also said the panel would need to know details of the agreements signed between the Federal Government and the contractors before the NSIA took over the projects.

There has been an existing tripartite agreement between the NSIA, the Ministry of Finance and the Ministry of Works on the Legacy projects.

0 0
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleppy
Sleppy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Next Post

Magu: Ozekhome meets Salami panel, testifies against Magu, submits videos

Prominent lawyer, Chief Mike Ozekhome (SAN), on Tuesday, appeared before the Justice Ayo Salami-led panel to testify against the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, and submitted six exhibits, including two video clips and some documents. During the session, which lasted about two hours, […]

Subscribe to the DominionTimes™ newsletter

×

Hello!

Click one of our representatives below to chat on WhatsApp or send us an email to support@dominiontimes.com

×