Senate threatens to issue warrant for arrest of GLO CEO, 15 others

The Senate Joint Committee on Customs,
Excise and Tariff and Marine Transport, have
threatened to issue a warrant for the arrest
of Chief Executive Officer (CEO) of Glo Mobile
and other blue chip companies that failed to
honour its invitation to appear before its
investigative panel on their alleged
complicity in N30 trillion revenue probe.

About 30 companies have been invited by
the senate for their alleged involvement in
fraudulent activities while importing some
of their goods into the country. The senate
had recently mandated its Joint Committee
on Customs, Excise and Tariff and Marine
Transport to investigate the alleged N30
trillion revenue leakages in Forex and the
entire import and export value chain
between 2006 and 2017.
Of the 30 Chief Executive Oficers invited to
appear before the senate today, only 14 of
them were present. Chairman of the senate
committee on Customs. Excise and Tariff and
Marine Transport, Hope Uzodinma, said the
refusal of the CEOs to honor its invitation
was unacceptable. He asked them to appear
before the committee on Thursday August
3rd and that failure to do so, the committee
will be forced to mandate the police to issue
a warrant of arrest for the erring Chief
executives.
Among the CEOs that were expected to
appear before the senate’s investigation
panel include the CEOs of British American
Tobacco Company, CCEC Nigeria Ltd, Dana
Group, African Wire and Allied Ltd, Admiral
Overseas Nigeria Ltd, Aarti Steel Nigeria Ltd,
Gagsel International, Fries Land Capina, Etco
Nigeria Ltd, Encounter Ltd, Edic Chemicals
&Allied Distributors Ltd, Don Climax Group
and De United Foods.

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