N30trn scam: Blackmail won’t stop probe - Senate
- The senate said it will not stop its ongoing investigation into alleged N30 trillion revenue scam in the import and export chain
- Hope Uzodinma also said more funds than the N120bn he announced some time ago have been recovered
- Uzodinma, however, declared that there are allegations that the investigation is borne out of personal interest
The Nigerian senate has vowed to continue its ongoing investigation into alleged N30 trillion revenue scam in the import and export chain.
Hope Uzodinma, its committee on customs, excise and tariff and marine transport made this known while briefing newsmen shortly after its investigative meeting with some of the companies.
He said the interest of the senate in the investigation was to assist the executive in recovering monies trapped in the import and export chain, News Agency of Nigeria (NAN) reports.
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He said: ''There are allegations that the investigation is borne out of personal interest.
''Once a Senate in a committee of the whole passes a resolution such as this, it cannot be termed as the decision of a single senator.
''You may not like my face as a person but it is important to look at the credibility of the work we are doing.
''This is so that together we will succeed in making sure that the import and export circle is sanitised, trade is facilitated and non-oil revenue is recovered and strengthened.
''In that manner, government will not rely so much on oil and with that whether crude oil is sold or not''.
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The lawmaker further said that while some detractors had alleged that the investigation was a sham, some of the indicted companies had started refunding monies running into billions of Naira to the federal government
He said: ''As a result of this investigation the banks which are the authorised dealers in the export and import chain have been making effort to remit everything collected by them to the Central Bank.
''We are doing this on a friendly note because we do not want to send a wrong signal to the market.
''Although more funds other than the N120bn I announced some time ago have been recovered ,we do not want to send the wrong signal, so we are limited to speak further on how much has been recovered so far''.
Meanwhile, Legit.ng had reported that the senate uncovered a whopping N30trillion scandal in the country’s banking sector.
Uzodinma made the revelation during an interview with pressmen just after the committee met in Abuja, the nation’s capital.
Watch this Legit.ng TV video of former NNPC group managing director Andrew Yakubu in court over fraud allegations: