House of Representatives on Thursday threatened to order the Central Bank of Nigeria (CBN) to take over the operations of Heritage Bank in respect of alleged debt to the Federal Government. The House ad hoc committee investigating the status of all recovered loots, movable and immovable assets from 2002 to 2021 said this at its sitting on Thursday. Speaking at the sitting, Adejoro Adeogun, chairman of the committee, stated that the committee would not hesitate to invoke constitutional powers on the bank if it failed to appear next Wednesday. Said Adeogun:…
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