N30trn Probe: Senate Threatens To Arrest CEO Of Glo Mobile, 15 Other Companies

The senate on Wednesday threatened to arrest the Chief Executive Officer (CEO) of Glo Mobile and CEOs of 15 other companies, for failing to honour its invitation with respect to the N30 trillion revenue probe.

The warning was given by the chairman of the senate joint committee on customs, excise and tariff and marine transport, Hope Uzodinma, at a meeting with some of the firms in Abuja yesterday.

The Senate gave the 16 companies who failed to appear before its committee a deadline of Thursday to honour the invitation or risk being arrested.

The committee had been asked to carry out a holistic investigation into alleged N30 trillion revenue leakages in forex as well as the entire import and export value chain between 2006 and 2017.

It has so far met with all indicted commercial banks as well as government agencies and is currently meeting with companies alleged to be involved in corrupt processes concerning the leakage.

The companies issued with the warning include British American Tobacco Company, CCEC Nigeria Limited, Dana Group, African Wire and Allied Limited, Admiral Overseas Nigeria Limited and Aarti Steel Nigeria Limited.

Others are Gagsel International, Fries Land Capina, Etco Nigeria Limited, Encounter Limited, Edic Chemicals & Allied Distributors Limited, Don Climax Group as well as De United Foods.

Uzodinma said the refusal of the firms to honour the invitation was a disrespect for the institution of the National Assembly and would not be tolerated.

He said of the 30 firms invited between Tuesday and Wednesday, only 14 honoured the invitation and appeared before the committee.

“It is only in Nigeria that the Senate will invite an entity for an interactive session, particularly in a case that bothers on investigation, financial mismanagement, infractions and the company will be complacent.

“The companies will not be willing to come or sometimes send junior officers.

“I have directed and we are working with security agencies, that any company that is invited and has something to explain and refuses to appear, we will issue a warrant for such persons to be arrested.

“We are giving them the final opportunity to appear and if they fail, we will issue a warrant.

“In this investigation we are working with the Nigeria Police Force. “This is because we are using their facilities to process some of our data so that the information we will present to the public will be information with high integrity that will not be questioned by anybody.

“We have directed that they must come tomorrow, Thursday unfailingly,’’ he said.

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