Chairman of the Senate Ad hoc Committee investigating the N30 trillion ‘Ways and Means’ loan to former President Muhammadu Buhari administration, Jibrin Isah Echocho, has indicated that the panel, which begins work next week, would summon Central Bank of Nigeria (CBN) officials for questioning.
The Kogi East representative, yesterday, said he was doing some background checks.
He revealed: “I have some documents, and I want to leverage those documents by going through them to ask questions from CBN to seek further clarifications.” The ‘Ways and Means’ is an overdraft taken directly from the Central Bank of Nigeria to solve contingency needs of the nation following approval and directive of the executive arm of government which would have to be ratified by the parliament.
However, during a debate on ‘Ways and Means’ lastweek the senate was thrown into a rowdy session when the motion was raised without details of how the fund was spent, a development that prompted Senator Ali Ndume representing Borno South Senatorial district to insist that details of ‘Ways and Means’ must be provided according to parliamentary rules.
