Reps summon CBN Governor over revenue leakages

CBN Governor, Olayemi Cardoso

The House of Representatives has summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before it on or before Tuesday, March 5, 2024, or face an arrest warrant.

The Chairman of the House Public Account Committee (PAC), Bamidele Salam, said this at the resumed investigative hearing of the committee on revenue leakages in Abuja on Tuesday, February 27.

The CBN Governor had sent Ogbulu Peter, an Assistant Director, to represent him at the hearing, drawing the irk of the lawmakers.

The committee, however, expressed concerns over the CBN Governor’s attitude to the invitation of the parliament on several occasions.

The chairman of the committee, who emphasised the importance of the CBN’s accountability to the legislative body and Nigerians, said: “Honourable colleagues, let me just make a few comments before we rule on this matter.

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“I feel somehow alarmed at the kind of vibes we get from the Central Bank of Nigeria and especially the governor of the bank, Mr Olayemi Cardoso.

“I have reasons to doubt whether the CBN Governor is interested in the success of President Bola Tinubu’s administration.

“I have serious doubt as to whether he is actually interested in reinventing Nigeria and bringing Nigeria out of the woods economically and financially.”

Salam added: “I have tremendous respect for him as a person but his conduct since assuming this office has left much to be desired.

“Honourable colleagues, in this same committee room we have written letters several times and I am not talking about 5, 6, 7, 8, 9 concerning one matter or another.”

The Star