Looted Assets: Reps summon Malami, Emefiele, Ahmed
The House of Representatives has summoned Abubakar Malami (SAN), Minister of Justice and Attorney General of the Federation (AGF), Zainab Ahmed, and Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), to come before it on Monday to explain the status of looted cash and public assets recovered in the last 18 years.
Ministries, Departments, and Agencies (MDAs) of the Federal Government, as well as top officials, the business sector, and civil society organizations, have been asked to testify before the House Ad Hoc Committee on Assessment and Status of All Recovered Loot, Movable and Immovable Assets.
The ministers and all other invitees were summoned to come before the Committee on Monday, “being the day the panel is holding an investigative hearing on the discovered assets,” according to a statement signed by its chairman, Adejoro Adeogun.
According to the statement, the investigation will cover the period between 2002 to 2020.
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“The Committee is calling for memoranda from stakeholders and the general public pursuant to Sections 88 and 89 of the 1999 Constitution of the Federal Republic of Nigeria (as amended)”, the statement added.
The essence of the hearing, according to Adeogun, was to ensure effective and efficient management and utilization of the recovered assets.
Stakeholders invited by the Committee to make inputs include the
Presidential Advisory Committee Against Corruption; Commercial Banks; Association of Bureau de Change Operators of Nigeria; Chairman of the Disbanded Special Presidential Investigation Panel for the Recovery of Public Property and
Chairman of the Disbanded Pension Reform Task Team.
Others are the Economic and Financial Crimes Commission, Independent Corrupt Practices and Other Related Offences Commission, Nigeria Police Force, Nigeria Customs Service, Nigerian Navy, National Drugs Law Enforcement Agency, Nigeria Security and Civil Defence Corps, Central Bank of Nigeria; Nigerian Sovereign Investment Authority; Presidential Advisory Committee against Corruption; and commercial banks.
