The Senate on Thursday rejoiced over the confession of the Governor of the Central Bank of Nigeria, Godwin Emefiele, claiming ignorance of the one per cent commission of N8 billion on the Treasury Single Account by Sytemspec Nigeria Limited, owner of the REMITA platform.
Emefiele had stunned the Joint Committees on Finance, Public Account and Banking and other Financial Institutions during the investigative hearing on the abuse and mismanagement of the TSA.
The CBN governor had said: “The truth is that I will like to confess that I did not really know, because I have to say what I know, that there is one per cent charge being taken on that account until the Senate and the House of Representatives raised it when we were summoned to the office of the Senate President.”
The boasting of the Senate came after a point of order raised by Senator Sola Adeyeye on the contribution of the National Assembly to democracy in Nigeria.
Adeyeye said it was the National Assembly that terminated third term agenda in Nigeria.
After Senator Adeyeye raised the point of order, the President of the Senate, Dr. Abubakar Bukola Saraki, called on the Chairman of Senate Committee on Banking, Senator Rafiu Ibrahim, to explain what transpired at the investigative hearing.
Rafiu told the Senate that the intervention of the Senate on the TSA compelled Systemspec to return N8 billion to the Federal Government.
He added that the committee will continue with the investigative hearing next week and the report will be submitted to the Senate before the end of the year.
Trending
- LASG Promote Environment Hygiene, Steps up Campaign to end open Defecation
- Odumeje ‘Indaboski’ is a true man of God, says Nkechi Blessing
- Workers trapped as building collapses in Kano
- NAFDAC seals bakeries, medicine stores, water factories in Plateau
- Worldwide Anglican Church gives Nigerian Bishop Adeoye new appointment
- Delta: Police arrest 2 kidnappers, recover corpses as kidnap victim escapes
- Delta CP presents over N47m to 22 deceased officers’ families
- Manage your temper, self-defence claims are for court to decide- Delta PPRO