Reps To Probe FG’s Panel For Recovery Of Public Property Over Move To Freeze Ekweremadu’s Undeclared Assest
The federal House of Reps has resolved to probe the activities of the Special Presidential Investigative Panel for the Recovery of Public Property (SPIP) following move to freeze undeclared assets belonging to the Deputy Senate President, Ike Ekweremadu.
The resolution of the Green Chamber was sequel to the passage of a motion sponsored by Hon. Kingsley Chinda (PDP, Rivers).
Chinda, while moving the motion, noted the inauguration of the Special Presidential Investigative Panel (SPIP) pursuant to the Public Property Special Provisions Act, CAP R4 LFN, 2004 otherwise known as Decree No 3, 1984 with the commencement date of 31st December 1983.
Recall that the SPIP recently filed an ex-parte motion through a legal practitioner, Festus Keyamo, asking the Federal High Court in Abuja to freeze all hidden assets belonging to Senator Ike Ekweremadu.
“Special Presidential Investigation Panel (SPIP) ought not to have been set up in view of the existence of such institutions as the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices Commission (ICPC) and especially the Code of Conduct Bureau and the Code of Conduct Tribunal both created by law and supported by the 1999 constitution,” the lawmaker said.
Speaker Yakubu Dogara, in his ruling, said the House will set up an ad-hoc committee to investigate the modus operandi and legality of the SPIP.