From Noah Ocheni, Lokoja
Kogi State House of Assembly has threatened to issue a warrant of arrest against the Managing Director of Sterling Bank Plc, Abubakar Suleiman if he fails to appear before the house on Tuesday next week.
The House had invited the Managing Director in the last two weeks to clarify the #20bn Bailout Fund the Bank claimed it will send back to the Central Bank of Nigeria but failed to honour the invitation.
Upon resumption of Plenary on Tuesday, the Regional Manager of Sterling Bank, Enejo Ibrahim and Counsel to the Bank, Olukayode Enitan SAN were at the Assembly but the Speaker, Prince Matthew Kolawole said they will not be allowed to speak except they tender a letter from the Managing Director authorizing them to represent him.
The Speaker noted that “the House is giving the Bank Chief Executive Officer one week to appear before it and any attempt to dishonour the invitation will make house to use every legal means to make him appears before it.”
He pointed out that the claim that the State Government fixed the Bailout Fund in an account with the bank was an embarrassment to the Government and people of Kogi State.
According to him, investigations by the House Committee on Public Accounts revealed that the allegations were baseless and untrue, adding that the Assembly will get to the root of the matter.
