The Senate Committee chairman on Ethics, Privileges and Public Petitions has denied media report that it indicted the chairman of the UBA group, Dr. T
The Senate Committee chairman on Ethics, Privileges and Public Petitions has denied media report that it indicted the chairman of the UBA group, Dr. Tony Elumelu over N41billion fraud allegation.
This followed a clarification by the chairman of the Committee, Senator Ayo Akinyelure, in which the committee distanced Elumelu from the alleged fraud and stated that its position on the matter was misinterpreted.
The document entitled, “Clarification of Allegations of False and Malicious Publications Against Chief Tony Elumelu, Chairman/CEO of UBA Plc”, which was signed by the chairman of the Senate Committee, Senator Ayo Akinyelure was sighted by journalists at the National Assembly, yesterday.
The clarification came after two Senior Advocates of Nigeria (SANs), Mr. Lawal Rabana and Mr. Oluwakemi Balogun, who are lawyers to Elumelu, in a letter to Senator Akinyelure, described the allegation as false and threatened to sue the senator if he failed to retract the publications and apologise to the UBA chairman within seven days.
The lawyers described the reported allegation as malicious, with the intent to destroy Dr. Elumelu’s personal and business reputation. They further described the allegation as sub-judice.
