N30tn leakage: Senate orders arrest of CEOs of Glo, BAT, Dana, others

The Senate directed the Police to arrest chief executives of 30 firms, including Crown Flour Mills and Glo Mobile, for failing to appear before its committee probing national revenue loss.

The companies are alleged to have been involved in the N30 trillion-revenue believed to have been lost by the country in its maritime sector.

The other companies are 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.

The Senate Joint Committee on Customs, Excise and Tariff and Marine Transport, handling the investigation had invited 63 firms accused of complicity in the scam but only 33 honoured the invitation.

The order to arrest the companies’ officials was announced by Chairman of the committee, Sen. Hope Uzodinma, at the committee’s meeting on Friday in Abuja.

UCJ, UNILORIN.