N30tr Scam: Senate Orders Arrest of Adenuga, Others

August 4, 2017
N30tr Scam: Senate Orders Arrest of Adenuga, Others

By Dipo Olowookere

Nigeria’s upper parliament, on Friday, ordered that arrest Chief Executive Officers (CEOs) of 30 companies after they allegedly failed to appear it.

According to the News Agency of Nigeria (NAN), these CEOs refused to honour an invitation sent to them to appear before it to explain what they know about the alleged N30 trillion revenue scam.

One of the persons includes Mr Mike Adenuga of Globacom.

On Wednesday, the Senate had threatened to issue the arrest warrants; but on Thursday, it said it was extending the appearance till next week.

A Senate committee, headed by Mr Hope Uzodinma, had earlier invited the chief executives as part of its investigation into a ‘N30 trillion’ revenue scam allegedly perpetrated by the firms.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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