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Bank crisis: Aondoakaa, Waziri, Sanusi to brief Senate

By Inalegwu Shaibu

ABUJA—The Attorney General of the Federation and Minister of Justice, Chief Michael Aondoakaa (SAN), the chairman of the Economic and Financial Crimes Commission (EFCC), Mrs. Farida Waziri and the Governor of Central Bank of Nigeria, Dr. Sanusi Lamido who were last week summoned by the Senate over the recent banking crisis will now brief the upper legislative chamber next week Tuesday.

Senate President, Senator David Mark who announced the postponement yesterday on the floor of the Senate said it was due to the absence of the CNB governor and EFCC chief who are both attending a World Bank conference in Istanbul, Turkey.

Mark said, “We resolved last week to take the governor of CBN and the chairman of EFCC today. But we cannot do that today because the CBN governor and the EFFC chairman have both sent letters to the Senate asking for a new date to brief us. The reason they gave is that they have gone to Turkey for the World Bank Conference.

The Senate had last week asked the trio to appear before it on account of the sack of the five banking chief executive officers who were indicted for violating banking regulations.

The summon was upon a motion moved by Senator Nkechi Nwogu (PDP), the chairman Senate’s Committee on Banking, Insurance and other Financial Institution.

The reason for the summon as explained by Mark was to enable the Senate have a first hand knowledge of the sack of banking chiefs and other related matters in the banking sector while they were on an annual recess.


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