…as Senate orders Arrest of Chief Executive officer , Globacom, Chief Mike Adenuga Jr, Jim Ovia of Visafone with 28 others.
Chief Executive officers of some renown companies are in trouble over their involvement in N30 trillion revenue loss to Nigeria as Senate ordered for their arrest.
The Joint Senate Committee on Customs, Excise and Tariff and Marine Transport had demanded for their appearance before the committee. But, the CEOs refused to honour the invitation of the Committee. Aside from Globacom and Visafone other 28 companies involved were Crown Flour Mills and Glo Mobile, British American Tobacco, CCECC, Dana Group, Olam Int. Ltd., Hong Xing Steel Co. Ltd., Visafone, African Wire, Star Comments and Allied Ltd. and Aarti Steel Nig. Ltd.
Others are Abyem-Diva Int. Ltd., Gagasel Int., Friesland Capina, Etco Nig., Edic Chemicals and Allied Distributors, De United Foods, Don Climax Group, Skill G Nig. Ltd., Premium Seafood and La Rauf Nig. Ltd. Also involved are Standard Metallurgical Co. Ltd., Kam Industries, IBG Investment Ltd., Orazulike Trading Co. Ltd., Popular Foods Ltd., A-Kelnal Integrated & Logistics Services, African Industries, African Tiles & Ceramics and ZTE Nigeria.
The Chairman of Joint Senate Committee , Senator Hope Uzodinma announced the arrest order on Friday in Abuja during the committee meeting. He said the refusal of the officials to honour the invitation in spite of several reminders was disrespect for the National Assembly. Uzodinma warned that the 8th Senate would not tolerate such behaviour from anybody or institution, particularly in the present situation that involved Federal Government funds.
He said such development in a country currently in recession was a disservice to it. “It is no longer going to be business as usual. “We have directed the Nigeria Police 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 will not come to defend themselves,” he said.
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