Barely one month after the resignation and running away from the country over confirmation of forgery relating to her NYSC Exemption Certificate, indication emerged weekend that a time shall come when the former Minister of Finance, Mrs. Kemi Adeosun will be invited to explain in the breach of Treasury Single Account (TSA) by two banks; Heritage Bank and Aso Savings & Loans Plc.
It would be recalled that Mrs. Adeosun had tendered her resignation to the Federal Executive Council on Friday, September 14, 2018 and bolted away in less than 24 hours to London where she had already bagged a new job.
A top official of the National Assembly, who pleaded anonymity, confided in Business Hilights weekend that should the management officials of the two banks who had been re-invited after failing the first invitation fail again, the former minister will be called upon to give details on why such financial breaches happened under her nose.
Trouble had started last week when the House of Representatives Ad-hoc Committee investigating the management, implementation and level of compliance with the Treasury Single Account (TSA), discovered N21 billion and $104.46 million undeclared revenue in two separate accounts outside the Treasury Single Account (TSA) by Heritage Bank and Aso Savings & Loans.
Addressing the media, chairman of the Ad-hoc Committee, Abubakar Danburam, said the Managing Director of Heritage Bank, Ifie Sekibo, and his counterpart in Aso Savings, Hassan Usman, having failed to appear after an initial invitation, will be re-invited on another date, failing which they will be declared wanted.
According to him, failing to appear in the next time will be followed with issuance of arrest warrant.
“Today, we are supposed to meet with Heritage Bank and Aso Savings with regard to the Treasury Single Account (TSA).
“As you can see, none of their management or staff is here. Our independent investigations have revealed that contrary to what Heritage Bank submitted to us, they also have two undisclosed accounts in the TSA.
“The one with Nigerian Export and Import (NEXIM) Bank has $104 million, while a second one with Nigerian Maritime Administration Safety Agency (NIMASA) has $46,000. Yet, there is another N21 billion, which also forms part of our enquiry. We want to know why they did not reveal those accounts to this Committee.
“We hereby give the Managing Directors of Heritage Bank and Aso Savings the opportunity to appear before this committee at a date to be announced later. If they fail, we will then issue a warrant of arrest against them,” Danburam averred.
