House of Reps issue arrest warrant against billionaire businessman, Mike Adenuga.

A House of Representatives adhoc panel investigating operational activities of service of telecommunications companies In Nigeruia, has issued an arrest warrant against Billionaire businessman and chairman of Globacom Nigeria, Mike Adenuga, for constantly failing to honour its invitations.

At the panel's seating today, the Chairman of the committee, Ahmed Abu, said Adenuga's refusal to honor all of their invitations, is an affront to the legislature. According to Abu, records before the panel showed that Glo owes the Federal Government over N16.7 billion.

Consequently, he asked both the Economic and Financial Crimes Commission EFCC and the Independent Corrupt Practices and other related offences Commission ICPC to go after the Glo chief for holding Nigeria's money.

"A situation where the parliament will invite an agency or organization and then it won't come, then we're going nowhere. Some people feel they're too big; that they're above the law. I'm making reference to Mr Mike Adenuga, the chairman of Glo. The amount of disrespect he has for the parliament is unacceptable. Yes, he's a billionaire, but that doesn't mean anything. Anybody can be a billionaire in the right atmosphere," he said.

A member of the panel, Bede Eke said 

"It's not about being a billionaire. Nobody is above the law. Even me sitting here as a lawmaker, I must respect the law. We can also summon the president of Nigeria to this place. I think appropriate action should be taken against the man. I will support any action that this committee will take against him."

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