The House of Representatives Ad hoc committee investigating non-remittance to the National Housing Fund (NHF) and utilisation of funds from 2011 to date, has insisted that the Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein and Acting Governor of Central Bank of Nigeria (CBN), Mr. Folashidun Shonubi must appear in persons to provide answers to certain questions.
The committee also gave the defaulting bank Chief Executive Officers Thursday next week to unfailingly appear with all the required information.
Chairman of the committee, Hon. Dachung Musa Bagos who disclosed this at the Thursday’s sitting of the committee frowned at the attitude of bank CEOs who always pretend to travel out of the country whenever they are invited to give evidence to the parliament.
He warned that in as much as the committee would want to give fair hearing to every stakeholder, it will not hesitate to invoke the provisions of the law against anyone that attempts to undermine its authority or sabotage the investigation.
“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. We insist on having the Accountant General of the Federation and the acting governor of the CBN appear before this Honourable committee unfailingly next Thursday at 11am. We are not going to entertain their representatives”, Bagos stated.
The Director, banking supervision, Mr. Haruna Mustapha who represented the CBN governor was asked to go back, as the committee equally rejected taking any evidence from the Director of IPPIS, Mr. Emma Deko who represented the AGF.
“Today, we invited all the banks but only UBA, Zenith, Heritage and Sterling Bank appeared. We’ll not take it lightly with the absentee banks any longer. They must appear next Thursday”, he said.
