The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Headline News

$462m alleged illegal withdrawal: Senate summons Adeosun, Emefiele, Dan Ali

Olalekan Saliu by Olalekan Saliu
April 17, 2018
in Headline News
$462m alleged illegal withdrawal: Senate summons Adeosun, Emefiele, Dan Ali
0
SHARES
52
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Senate has summoned the Minister of Finance, Kemi Adeosun; Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, and the Minister of Defence, Mansur Dan-Ali.

They are to explain the situation surrounding the alleged withdrawal of $462 million from the Federation Account without the approval of the Senate.

You might also like

US Court Jails Five Nigerians For 159 Years

OOU Faces Backlash Over ‘No Bra, No Entry’ During Examination

President Tinubu Signs Bills To Establish Three Tertiary Institutions

The summon followed a point of order raised to that effect by the Chairman of the Senate Committee on Ethics and Privileges, Sam Anyawu on Tuesday.

Anyawu who quoted Section 80 (2) and (3) of the 1999 Constitution to back his claim, said it was wrong for any withdrawal to be made from the Federation Account without the approval of the National Assembly.

“Mr. President, I have it on good authority that in March, 2018, a whopping sum of $462 million was withdrawn from the federation account and paid for helicopters to an American firm called Helicopter Tecno Fights Helicopters and this was done without the approval of the Senate.

Read also: 2019: No amount of distraction will stop us –PDP

“And I know there was no such request from the Senate.

“As a citizen, senator of this place, I want to find out how this thing was done and I suggest that we invite the CBN governor, the ministers of Finance and Defence to tell us how this money was withdrawn and paid to an American company without the approval of the Senate.”

The request of the senator for the top government officials was agreed upon as the case was referred to the Committee on Appropriation for the necessary probe.

Tags: CBNGodwin EmefieleMansur Dan-AlinewsNEXT EDITIONnigerian newspapersSenate summons Adeosun
Olalekan Saliu

Olalekan Saliu

Recommended For You

Nigeria Ranks Seventh With International Students In US

US Court Jails Five Nigerians For 159 Years

A court in the United States has sentenced five Nigerian nationals to a combined 159 years in prison for their involvement in a sweeping $17 million fraud scheme...

OOU Faces Backlash Over ‘No Bra, No Entry’ During Examination

OOU Faces Backlash Over ‘No Bra, No Entry’ During Examination

A viral video showing female students of Olabisi Onabanjo University, Ago-Iwoye, being checked for bras before entering the examination hall has sparked widespread criticism online and on campus....

President Tinubu Signs Bills To Establish Three Tertiary Institutions

President Tinubu Signs Bills To Establish Three Tertiary Institutions

President Bola Ahmed Tinubu has signed into law three bills sponsored by the Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, establishing the Federal College of...

Soyinka @ 90: Group Gathers 80 Schools Plan One Month-Long Exhibition

I Nearly Contested For President After June 12 Struggle — Soyinka

Nobel laureate, Prof Wole Soyinka, has disclosed that he almost joined the presidential race following the June 12 pro-democracy struggle. He, however, said he dismissed the idea after...

Next Post
Shiite protest: Security beefed up at National Assembly

Shiite protest: Security beefed up at National Assembly




Related News

Nigerian Military Destroys Terrorists’ Hideout In Borno –DHQ

Nigerian Military Destroys Terrorists’ Hideout In Borno –DHQ

Ovumte Land Dispute: Anyim Is Innocent - Community Leaders

Spirit Of Error Is Upon Umahi – Anyim

Violation Of Building Laws: Lagos Shuts RCCG, C & S Church, Other Buildings

Violation Of Building Laws: Lagos Shuts RCCG, C & S Church, Other Buildings




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited