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The Home of Representatives Committee on Public Account has threatened to difficulty a warrant of arrest on the Central Financial institution Governor, Oluyemi Cardoso, for shunning its invites.
The Chairman of the committee, Bamidele Salam (PDP, Oyo), issued the menace in a letter addressed to Mr Cardoso on Tuesday.
Within the letter, dated 27 February, the committee accused the CBN boss of shunning invites to its listening to on income leakages by means of the Remita platform.
Mr Salam stated the CBN governor has ignored 4 invites however solely despatched a consultant to look in his stead.
He threatened that the committee would invoke part 89 of the 1999 Structure, mandating it to difficulty a warrant of arrest if the necessity arises.
“It might additionally curiosity you to notice that the Committee below Sections 89 (1) (d) the Committee has the ability to difficulty a warrant to compel the attendance of any one that, after having been summoned to attend, fails, refuses or neglects to take action.
“Failure to adjust to this civil invitation might depart the Committee no alternative however to difficulty a warrant of arrest towards you according to Legislative Homes (Powers & Privileges Act 2017) (Sections 2 & 3) and the 1999 CFRN (as amended) according to Home Procedures,” the letter, which was shared with journalists, learn partially.
Ultimatum
Mr Salam stated the CBN Governor has a one-week ultimatum to look earlier than the panel or face a warrant of arrest by the Home.
Part 89 offers the Nationwide Meeting the ability to difficulty a warrant of arrest to compel an look for investigation
“For the needs of any investigation below part 88 of this Constitutional and topic to the provisions thereof, the Senate or the Home of Representatives or a committee appointed in accordance with part 62 of this Structure shall have the ability to –
“Challenge a warrant to compel the attendance of any one that, after having been summoned to attend, fails, refuses or neglects to take action and doesn’t excuse such failure, refusal or neglect to the satisfaction of the Home or the committee in query and order him to pay all prices which can have been occasioned in compelling his attendance or by purpose of his failure, refusal or neglect to obey the summons.”
Nonetheless, committees of the Nationwide Meeting principally use constitutional provision as a menace, which they not often perform.
The Central Financial institution governor is presently below warmth to avoid wasting the Naira which has been on a downward slide for the previous couple of months. He’ll, nevertheless, need to deal with the calls for of the lawmakers and their incessant summons.
Final December, the Home of Representatives Committee on Public Petitions issued a warrant of arrest on Mr Cardoso for refusing to look earlier than it to reply questions on the oil sector.
The letter in full:
Central Financial institution of Nigeria
Central Enterprise District
FCT, Abuja
RE: INVESTIGATION OF REVENUE LEAKAGES THROUGH REMITA PLATFORM AND NON-COMPLIANCE SUBSTANTIVELY WITH STANDARD OPERATING PROCEDURE AND OTHER ALLIED SERVICE LEVEL AGREEMENT 2023 (HR.373/11/2023)
Please check with your illustration earlier than the Public Accounts Committee on Tuesday twenty seventh February, 2024 by an Assistant Director and not using a written letter to that impact. Be suggested, the Committee doesn’t permit illustration, all Chief Accounting Officers are to look in particular person to defend their Workplace.
Additionally, you will recall that the Committee has despatched a number of correspondences to your Workplace on the identical topic with Ref. Nos: HR/PAC/SCO5/10NASS/HR.373/11/2023/1/2, dated eighth December 2023; HR/PAC/SCO5/10NASS/HR.373/11/2023/1/31, dated nineteenth January 2024; HR/PAC/SCO5/10NASS/HR.373/11/2023/1/60, dated twenty fifth January 2024 and HR/PAC/SCO5/10NASS/HR.373/11/2023/2/84, dated nineteenth February, 2024, and noticed your absolute disregard for its Constitutional mandate. Please discover copy of letters hooked up
Your failure to trigger look earlier than the Committee and reply to the problems has vastly stalled this Committee’s investigative course of on Income leakages by means of the REMITA platform.
Consequently, the Committee additionally needs to attract your consideration to earlier letters on varied topic issues, of which you’re but to reply to, please discover references under:
HR/PAC/SCO5/10NASS/QUE.2/29 dated twenty third January, 2024; HR/PAC/SCO5/10NASS/FA/1 dated twenty third January, 2024; HR/PAC/SCO5/10NASS/SE.3/34 dated thirtieth January, 2024 and HR/PAC/SCO5/10NASS/SE.3/35 dated twenty second February, 2024. Please additionally discover copy of letters hooked up
The Committee frowns at this and desires to remind you of the related constitutional provisions Sections 62 and 89(1) (a, b, c & d) & (2) of the 1999 Structure of the Federal Republic of Nigeria (as amended), the Public Accounts Committee has the ability to summon any particular person in Nigeria to provide proof, produce any doc in his possession and below his management. It might additionally curiosity you to notice that the Committee below Sections 89 (1) (d) the Committee has energy to difficulty a warrant to compel the attendance of any one that, after having been summoned to attend, fails, refuses or neglects to take action.
Failure to adjust to this civil invitation might depart the Committee no alternative however to difficulty a warrant of arrest towards you according to Legislative Homes (Powers & Privileges Act 2017) (Sections 2 & 3) and the 1999 CFRN (as amended) according to Home Procedures.
Consequently, the Committee resolved to grant you one final alternative to look. You might be strongly suggested to take good benefit of this invitation and seem earlier than the Committee unfailingly on Tuesday fifth March, 2024 at 10:00am in Assembly Room 446, Home of Representatives’ New Constructing to reply to the problems that can come up through the listening to session.
You might be additionally suggested to come back together with all related Officers who’re acquainted with the problems at stake and will help you present solutions to any query that would come up through the Session.
For additional enquiries, please contact the Committee on 08051383900 (whatsapp solely) or 08033140346
Please settle for the assurances of the Committee’s esteemed regards.
REP. BAMIDELE SALAM
CHAIRMAN
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