By Nathaniel Zacchaeus, Abuja
Senate Committee on Finance has mandated the Inspector General of Police to compel the Registrar General of the Corporate Affairs Commission (CAC), Ishaq Hussain Magaji (SAN), to appear before it within 24 hours.
Chairman of the Committee, Senator Sani Musa, gave the order on Wednesday when the Registrar General refused to honour the invitation of the Committee for the third time.
The Registrar was expected to appear to defend the Commission’s 2024 budget, but some financial discrepancies were spotted by the Committee in the book of accounts submitted.
The panel said he needed further explanation, a development that seems to have scared the CAC boss from appearing before the Committee.
The four senior officials of the Corporate Affairs Commission having confirmed several letters of invitation by the Clerk of the Senate Committee on Finance could not explain the reasons for RG’s absence before the panel.
Reacting, Senator Abdul Ningi advised the CAC officials not to come back without the RG, urging them to let the CAC face the heat and explain how they spent money in the agency.
Ningi said, “Mr Chairman, it is imperative to understand where they are coming from that this is not the first time they are appearing before the Committee.
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“There was a deliberate discussion with you that there were discrepancies in revenue generation and expenditure by the Corporate Affairs Commission and we said, the Registrar General should be here.
“Yet you are here and you probably told him that you can do the job. Even if you can do the job, this job is not for you, please.
Don’t take the bullet that is meant for him.”
In his ruling after reactions by the Committee members, Sani Musa, said, “With all sense of humility, the Corporate Affairs Registrar General has disregarded this Committee.
“Distinguished Colleagues, the Corporate Affairs Commission was present when we treated MTEF/FSP, and the Director of Finance was here. We saw discrepancies and we told you to go and come back.
“You have your bookkeepers; you have your records and we asked you to go and tidy up and report back, but you never did.
“I have cause to tell the Secretariat to send you a letter, you appear here. When you came, you said the Registrar General just felt ill, I excused you expecting you to come back with the documents requested.
“You know what the financial regulation of this country is. I had cause to tell the Committee Secretariat to write you again and you are here without the RG.
“You are the custodian of finances of the Corporate Affairs Commission and there are discrepancies. How many entities are registered in this country? How much were you reporting there and you are taking us with levity?
“I am invoking Section 89 (2) mandating the Inspector General of Police to compel the appearance of the Registrar General of the Corporate Affairs Commission before the Senate Committee on Finance within 24 hours.”
