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Chinese Loans Probe: Reps C’ttee adjourns hearing

Last updated: August 18, 2020 5:04 pm
5 years ago
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2 Min Read
Chinese probe

Nigeria’s House of Representatives Committee on Treaties, Protocols and Agreements on Tuesday, adjourned its ongoing investigation of Chinese loans agreements till next week Tuesday.

A mild drama was observed at the hearing on Monday between the Minister of Transportation, Rotimi Amaechi and Chairman of the committee, Nicholas Ossai which led to the the sudden intervention of the Speaker, Femi Gbajabiamila and subsequently, a 30 minutes adjournment.

According to the Chairman of the Committee, the adjournment of the hearing is to enable members of the committee to study documents submitted by the Federal Capital Territory Administration, the Ministry of Police Affairs and some other agencies.

Read Also: Nigeria’s house of representatives demands concrete measures to protect Nigerians in South Africa

Ossai explained that based on the clauses surrounding the Chinese loans agreement, the federal ministries of Finance, Justice, Communications and other relevant key players would be needed to aid the Lawmakers probe.

The Committee argued that the National Assembly which is the arm of Government responsible for appropriation had been kept in the dark on how most of these Chinese loans are collected and utilised. 

The motion which was brought up at Plenary before the Committee’s Hearing Commenced had explained that there is widespread global concern about the fraudulent, irregular and underhand characteristics of the Chinese loan contracts with the African states.

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