AN investigation into the alleged disappearance of N2.1billion from the vaults of the Nigerian Security Printing and Minting Company (NSPMC) in December last year may have been launched by the House of Representatives.
The Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi is the Chairman of the Board of the NSPMC.
Also, the House of Representatives Thursday directed two of its
committees to jointly investigate the allegation of cover-up and
professional misconduct in police investigation of the killing of Edo
State Governor Adams Oshiomhole’s Principal Secretary, Olaitan Oyerinde.
Besides, members of the House Thursday passed a resolution urging the
Federal Government to immortalise the First Republic Minister of
Finance, the late Festus Okotie-Eboh.
The House has also directed its Committee on Legislative Compliance
to ensure its report on the Dana Airlines Aircraft crash on June 3, 2012
that recommended the sack of Nigerian Civil Aviation Authority (NCAA)
Director General, Dr. Harold Demuren and the withdrawal of the Aircraft
Operating Certificate (AOC) of Dana Airlines is implemented by the
Welcoming his colleagues back from the Christmas and New Year break
for the 2013 parliamentary duties on Wednesday, the Speaker, Aminu
Waziri Tambuwal vowed that the House would adopt a pragmatic approach to
the fight against corruption.
His words: “We shall continue to adopt a pragmatic and functional
approach to ensure that the war against corruption is removed from the
realm of rhetoric by exercising absolute diligence in our oversight
function so as to enhance transparency and accountability in both high
He stressed that it was high time that government woke up to its
duties and changed the fortune of the hapless citizens who see daily,
the wealth of the nation siphoned by some privileged few.
Consequently, at the resumption of plenary yesterday, the House
resolved to constitute a special ad-hoc committee to probe the
whereabouts of over N2 billion which allegedly disappeared from the
vaults of the NSPMC and report back to the chamber within four weeks.
This followed the adoption of a motion brought by Albert Tanimu
Sam-Tsokwa who expressed concern over the mysterious disappearance of
N2.1 billion of newly printed N1,000 notes in the course of production
in the first week of December 2012.
“This is the second time that large sums of monies have allegedly
disappeared in the course of production due to security breaches as
admitted by the management of the Nigeria Security Printing and Minting
Company (NSPMC),” the lawmaker disclosed, just as he further revealed
that about 39 workers of the company were summarily sacked from the
establishment after news about the theft became public knowledge.
“There has been conflicting information on the actual amount of money
declared missing; while the CBN Governor said it was about N2 billion,
the Managing Director of the NSPMC had declared that the amount missing
was N1.5 million, and the Media Adviser to the Managing Director claimed
that the actual amount missing was N900,000 due to a security breach
and that a security operative was arrested in Lagos with the said sum of
N900,000,” the lawmaker told the parliament yesterday at the session
presided over by the Speaker, Aminu Waziri Tambuwal.
The security materials and documents printed by the NSPMC include
among others, bank notes, coins, bank cheques and drafts, postal stamps,
postal orders, treasury bills, passports, examination papers,
certificates, licences, tickets, vouchers, diplomatic papers, customs,
and immigration documents.
Also, the House of Representatives yesterday directed two of its
committees to jointly investigate the allegation of cover-up and
professional misconduct in police investigation of the killing of
Adopting a motion sponsored by Pally Iriase (ACN, Edo State), the
House ruled that the investigation into the killing of Oyerinde, which
would be conducted jointly by the House Committee on Police Affairs and
Justice, should be concluded within 14 days.
The joint committee was directed to determine the veracity or
otherwise of the allegation of cover-up and professional misconduct
levelled against the police in their own investigation.
Oshiomhole had last week publicly accused the police particularly the
Deputy Inspector-General of Police (D.I.G.) Peter Gana, of alleged
cover-up and gross professional misconduct in the investigation of the
murder of Oyerinde.
Defending his motion earlier, Iriase noted that Oshiomhole’s
allegation had attracted comments and concern about the safety of
citizens in Edo state.
He was worried that the police had not defended themselves nor denied
authorship of the police report sent to the Office of the Director of
Public Prosecution in Edo State, which exposed the alleged “shoddiness
and criminal cover-up allegedly perpetrated by the named D.I.G.”
He said that the House should be further concerned “that the
allegation, if proven, clearly contradicts the avowed vision and mission
statements contained in the code of conduct document and belies the
values espoused therein.”
The lawmaker drew the attention of the House to the fact that “ the
State Security Service (SSS) had arrested and paraded six suspects, who
confessed that they murdered Comrade Olaitan Oyerinde. The suspects gave
a graphic description of how the crime was committed and the SSS found
on them an I-Pad, cell phone and laptop belonging to Comrade Oyerinde
and the wedding ring of the victim’s brother- in-law”
According to him: “The SSS in a commendable display of inter-agency
cooperation handed these suspects and the case file to the police who
have curiously refused to arraign the suspects.”
Iriase said that “the security challenges we face as a nation today
make it incumbent on the House to treat the allegation, bordering on
criminal connivance to deny justice, by the police with utmost
Adopting a motion sponsored by Daniel Reyenieju (PDP, Delta State)
the House noted that Okotie-Eboh deserved to be immortalised for his
contributions to national development.
Defending his motion, Reyenieju informed his colleagues that the
national recognition being sought for the late politician had been
accorded to most prominent political office holders who were killed
during the first military coup’d etat of January 1966.
He recalled the events that took place during the military coup of 15
January 1966 in which the first post-independence democratic government
Reyenieju said: “He was also the first Member of the House of Representatives from Warri Federal Constituency.”
He explained further that it was the former minister that established
the Central Bank of Nigeria (CBN) and the Nigeria Security Printing and
“Of all those that were killed during the coup only Okotie-Eboh has not been immortalised,” he noted.
Reyenieju continued: “Okotie-Eboh had the opportunity to escape but
refused to do that, instead he was repeatedly asking the security men
where is my boss, the prime minister before he was assassinated.