The Senate has decided to launch an investigation into allegations of corruption in the management of Nigeria’s Treasury Single Account (TSA).
The senate also agreed to stop the Central Bank of Nigeria (CBN) and other parastatals from making further payments into the TSA until investigations were concluded.
The resolution comes as a result of an additional prayer by Senator Nwogu.
Senator Dino Melaye on the floor of the Red Chambers on Wednesday moved a motion that a probe of the operations of Remitter be probed. Remitter is the firm contracted to manage the TSA.
Melaye had alleged on Tuesday, that Remitter was making N25billion in one day in mopping up about N2.5 trillion on the loose.
According to him, “financial scavengers and economic cankerworms” were trying to sabotage the anti-corruption war of President Muhammadu Buhari by mismanaging the TSA.
The Senate President, Bukola Saraki, who joined today’s sitting in the middle after attending the swearing in of ministers at the presidential villa, said the Senate should beam its searchlight on the allegations in order to get the truth and nothing but the truth.
Deputy Senate President Ike Ekweremadu presided over the the first part of the plenary before Saraki joined after an executive session.