The Chief Executive of First City Monumental Bank (FCMB) was Thursday summoned by the House of Representatives over the illegal withdrawal of N924 million from the Great Green Wall account.
Chairman, House Committee on Environment, Uche Ekwunife, issued the order for the bank’s chief executive, Ladi Balogun, to appear during an investigative hearing where Ekpo Nta, the Independent Corrupt PC Chairman and EFCC testified.
Ekwunife, who frowned at the failure of the bank officials to conduct due diligence before approving such transfer, said: “We want punishment for all those indicted, including bank workers, civil servants and everyone involved.
“I think there is a canal behind crimes like this and it is our duty to discourage them. We cannot continue to condone this kind of attitude in our banks,” she said.
She urged the ICPC to arrest those who connived with the mastermind of the crime five months after, adding that the N924 million should be returned to the Ministry’s account since it has been ascertained that the money belongs to the Great Green Wall project account.
Earlier, the ICPC chairman confirmed the recovery of the N924 million, and the arrest of the mastermind of the criminal act, Adeolu Adeyanju, CEO of Detwinx Global Services Limited and some FCMB officials.
Nta confirmed that the money had been warehoused in the ICPC’s special recovery account pending the conclusion of the investigation, adding that the commission after over two months of trailing the suspect, succeeded in arresting him.
He also said three vehicles bought with the illicit funds were also impounded and that other suspects have been declared ‘wanted’ while investigation is ongoing to ascertain collaborators from the Federal Ministry of Environment.
According to Nta, the Commission had earlier arrested and charged some staff of Nigeria Security and Civil Defence Corps (NSCDC) and recovered 62 houses acquired illegally following a tip-off from Ade Abolurin, the NSCDC Commandant General.
While commending the Permanent Secretary of Federal Ministry of Environment, Nana Fatima, the ICPC boss reiterated commitment towards strengthening the anti-corruption units of various ministries, departments and agencies (MDAs).
In her presentation, the Permanent Secretary of the Federal Ministry of Environment, Nana Fatima, disclosed that the illegal transfer occurred on 28 November 2014 and she immediately informed the ICPC.