N30trn Probe: Senate Finally Asks Police To Arrest Glo CEO, Mike Adenuga, 29 Others

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The Senate

The Nigerian Senate has directed the police to arrest chief executive officer of Glo, Mike Adenuga and CEOs of 29 other companies for failing to honour its invitation over the N30 trillion revenue probe.

The companies involved include Crown Flour Mills, Glo Mobile, British American Tobacco, CCECC, Dana Group, Olam Int. Ltd., Hong Xing Steel Co. Ltd., Visafone, African Wire, Star Comments and Allied Ltd. and Aarti Steel Nig. Ltd.

Others are Abyem-Diva Int. Ltd., Gagasel Int., Friesland Capina, Etco Nig., Edic Chemicals and Allied Distributors, De United Foods, Don Climax Group, Skill G Nig. Ltd., Premium Seafood and La Rauf Nig. Ltd.

Also involved are Standard Metallurgical Co. Ltd., Kam Industries, IBG Investment Ltd., Orazulike Trading Co. Ltd., Popular Foods Ltd., A-Kelnal Integrated & Logistics Services, African Industries, African Tiles & Ceramics and ZTE Nigeria.

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The order of arrest was announced by Hope Uzodinma, chairman of the committee, at its meeting on Friday in Abuja.

The committee are investigating an alleged N30 trillion revenue leakages in forex as well as the entire import and export value chain between 2006 and 2017.

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