Abandoned reports: National Assembly’s long list of endless probes, loud hearings, dead results The Punch
Published 10 May 2021
SUNDAY ABORISADE and
LEKE BAIYEWU examine endless probes by both chambers of the National Assembly and observe that the investigations have produced few or no effects
Consecutively, Speaker of the House of Representatives, Femi Gbajabiamila, asked all ad hoc committees of the House to lay their reports by the end of April 2021. He made the announcement on April 20; reminded the concerned committees again on April 21.
Indeed, many probes have been pending – or even abandoned – by the various panels given the tasks. Yet, hardly does the House sit without resolving to carry out one investigation or the other. It is a similar case in the Senate.
Mr. Magu to request the Panel to summon the
AGF to prove the allegations. After some reluctance, the Panel issued a subpoena on the
AGF to testify at the Panel, but the
AGF, blatantly ignored the summons. In the absence of the vital evidence of the
AGF the Panel decided to listen to suspects charged with serious economic and financial crimes by the
EFCC under the leadership of
Mr. Magu. Of course no sooth sayer is needed before one would know that such witnesses have an axe to grind with
Magu and therefore, their evidence will, most likely, be tainted. Expectedly, the witnesses were reported to have given evidence against Mr. Magu. Although, the law is trite that evidence which ought to be given but is not given will be presumed to be against the person who refused to give such evidence if given. See
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SUNDAY ABORISADE and LEKE BAIYEWU
Published 10 May 2021
Published 10 May 2021
SUNDAY ABORISADE and
LEKE BAIYEWU examine endless probes by both chambers of the National Assembly and observe that the investigations have produced few or no effects
Consecutively, Speaker of the House of Representatives, Femi Gbajabiamila, asked all ad hoc committees of the House to lay their reports by the end of April 2021. He made the announcement on April 20; reminded the concerned committees again on April 21.
Indeed, many probes have been pending – or even abandoned – by the various panels given the tasks. Yet, hardly does the House sit without resolving to carry out one investigation or the other. It is a similar case in the Senate.
By Deji Elumoye and Udora Orizu
The Senate Wednesday passed the Asset Management Corporation of Nigeria Amendment bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions.
The amendment bill passed by the upper chamber empowers the Assets Management Corporation of Nigeria to, among others, take possession, manage or sell all properties traced to debtors, whether or not such assets or property is used as security/collateral for obtaining the loan in particular.
It also empowers the corporation to access the Special Tribunal established by the BOFIA, 2020 for dealing with financial related matters.
Presenting the report, Chairman of the Committee, Senator Uba Sani (APC, Kaduna Central) said the Committee engaged with stakeholders such as AMCON, Federal Ministry of Finance, Budget and National Planning; Central Bank of Nigeria; and Nigeria Deposit Insurance Corporation (NDIC).
By Ugo Aliogo
Following the reported seizure of some plots of land at Victory Park Estate in Lekki, Lagos State, by the Assets Management Corporation of Nigeria (AMCON), the estate ownersâ association yesterday called on the federal government to review the corporationâs conduct.
The association alleged that AMCON violated court orders when it sold some plots of land within the estate.
Speaking to journalists at a media briefing organised by the Association of Victory Park Estate Bare-land Owners in Lagos yesterday, the Managing Partner of Pistis Partners law firm, Mayowa Owolabi, who represented some of the affected members of the association, claimed that the association acquired several plots of land within the estate from a company called Knight Rook Limited through an affiliated company called Grant Properties Limited in 2002.