Senate Committee on Finance Set to Suspend Its Chairman, Uba Sani, Probe CBN

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Chairman of the Senate committee on Banking, Insurance and other financial Institutions  and senator representing Kaduna central Senatorial district,  Senator Uba Sani is up for possible suspension as the chairman of the committee, according to Rudebeesng.

This is even as the Committee is set to probe Central Bank of Nigeria over non compliance to financial regulations as observed by the Committee.

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A member of the Committee who maintained anonymous on Tuesday, told our reporter that the members  of the Committee are fed up with the attitude of it’s Chairman, Uba  Sani. 

The Northern member noted that Sani has failed to meet up with the expectations and services expected of a committee chairman 

“Many of our members are displeased with him . He has shown incompetence in discharging his duties.  Except the Vice Chairman of the Committee who have always held us back in taking action against him, every other person in the Committee is full of complaints.  

“How can you be in a Committee that it’s Chairman does not even call for meetings?. He does not  communicate with the members and no other person except him knows what is happening in the Committee.  Even the Vice Chairman is not aware of his activities.  We have decided to suspend him and request the Senate President for immediate replacement.  We are also ready to probe the Central Bank over financial irregularities.  We will reveal our investigations on the CBN as soon as possible ” the source said 

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Also speaking,  another Northern member noted that Senator Sani may not survive mere suspension , adding that the aggrieved  committee members are bent on making public his informal deals with the CBN and other agencies the Committee oversights.

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