Blog

N10bn loan: Speaker Dimeji Bankole owns up as his time expires

Posted by Paul "EFCC" Hawk Adams on November 30, 1999 at 12:00am
The Speaker of the House of Representatives, Mr. Dimeji Bankole, may have owned up to borrowing N10bn from a commercial bank to manage the affairs of the lower arm of the National Assembly, investigation has revealed. A member of the House leadership, told our correspondent that Bankole, who was absent at Wednesday's plenary when the issue came up, gave satisfactory reasons for the loan during a closed-door session by the House leadership on Thursday. The member said, "He gave reasons why the loan was taken. We were satistified. In fact, most of us who make up the House leadership were in the know about the loan. "We just agreed that he should convey our decision at the plenary which will have all members in attendance. The decision was to prevent a row in the House." Bankole had come under fire during Wednesday's plenary with members giving him till Thursday (yesterday) to explain why the loan was taken by the House leadership without carrying them along. The bank had reportedly withheld the second quarter allowances of members on account of the loan, resulting into anger and anxiety in the chamber. But on Thursday, rather than hear the speaker in the open, the House went straight into the
E-mail me when people leave their comments –
Follow

You need to be a member of 9jabook Africa's Ist Social Network to add comments!

Join 9jabook Africa's Ist Social Network

Latest Blog Posts

Most Popular Blog Posts

Blog Topics by Tags

  • in (506)
  • to (479)
  • of (339)
  • ! (213)
  • as (166)
  • is (157)
  • a (156)

Monthly Archives