Tag: House of Reps

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Reps passes bill to revert to old national anthem

Ihonvbere

 

A bill for an act to revert to the old national anthem has passed first, second, and third readings in the House of Representatives.

The bill was sponsored by the leader of the House, Rep. Julius Ihonvbere, during plenary in Abuja on Thursday.

Leading the debate on the general principle of the bill, the lawmaker said that the current national anthem was not helping.

He added that there was a need to go back to the old national anthem, whose wordings were more patriotic.

“Going back to memory lane to a time in history when things were done in a proper manner, the old national anthem helped Nigerians to be more patriotic.”

He said, “The bill will bring us together, and give us hope and courage, a sense of duty to the nation.

“That does not necessarily deny the reality and that is the maintenance of contemporary societies.”

According to him, there are those that deny reality, and pretend racism does not exist, ethnicity doesn’t exist, poverty doesn’t exist.

“They rationalise this by looking at GMP, GDP and the reality stares people in the face and that is when you are faced with the realities then you can attack and deal with it frontally. ”

Contributing to the debate, Rep. Kingsley Chinda said, “We are taking ourselves back to the old National Anthem; incidentally, I will ask again: is this bill important at this particular time in our national lives?

“What value will it add to us as a nation? These questions need to be answered.”

He added that Nigerians were looking up to the House for more fundamental issues that would cause proper change.

“What is the history we are about to make? So I stand as a Nigerian to say no to this bill. I pray that we look at it critically and urge the sponsor to withdraw this bill.”

Rep. Ahmed Jaha (APC-Bormo) however, supported the bill, arguing that the “Arise O Compatriot” anthem has not benefited the country.

He said Nigerians were not living in tune with the wording of the “Arise O Compatriot” anthem.

Rep. Ahmed Satomi (APC-Borno) said, “Nigerians are looking up to us regarding this bill because many of us in our early 40s don’t know this national anthem.

“I don’t know how this bill on the national anthem will affect the common man. Let’s be realistic how this will help the government to stop hunger, banditry, or improve security.”

“Let’s do what is beneficial to the common man and this Honourable chamber is the only hope for now standing for the common man of Nigeria.”

” I concur with the Minority Leader. Let’s look at something that will bring a development in the eyes of the international communities to Nigeria.”

The News Agency of Nigeria(NAN) reports that there were heated argument among those who were for and against the motion.

However, when the Deputy Speaker, Rep. Benjamin Kalu, who presided over the plenar

y rule, it was in favour of those who supported the return to the old anthem.

The bill was subsequently sent to the Senate for concurrence.

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House of Reps issues arrest warrant on Cardoso, Accountant-General

CBN Gov, Yemi Cardoso

The House of Representatives Committee on Public Petiton has issued warrant of the arrest on the Central Bank Governor, Mr Olayemi Cardoso, the Accountant General of the Federation, Mrs Oluwatoyin Madein and 17 others for refusing to appear before it to answer questions on their operations.

This followed the adoption of a motion by Rep. Fred Agbedi (PDP-Bayelsa) at the committee’s hearing on Tuesday.

Moving the motion, Agbedi said that the arrest warrant had become inevitable following the attitude of the invitees.

He said that the parliament worked with time and the CEOs had been invited four times, but failed to respond.

He said that the CEOs should be brought to appear before the committee by the Inspector General of Police through a warrant of arrest after due diligence by the Speaker, Rep. Tajudeen Abbas.

In his ruling, the Chairman of the committee, Rep. Micheal Irom (APC-Cross River) said that the I-G should ensure the CEOs were brought before the committee on Dec. 14.

Earlier, the petitioner, Mr Fidelis Uzowanem, said that the petition was anchored on the Nigeria Extractive Industries Transparency Initiative (NEITI) report of 2021.

He said that the report was a summary of the transactions in the oil and gas industry for 2021 which NEITI could to be challenged.

“We took up the challenge to examine the report and discovered that what NEITI put together is a report is only consolidation of fraud that has been going on in the oil and gas industry.

“It dates back to 2016 because was have been following and we put up a petition to this committee to examine what has happened.

“The 2024 budget of 27.5 trillion that has been proposed can be confidently be funded from the recoverable amount that we identified in the NEITI report.

“It is basically a concealment of illegal transactions that took place in NNPCL, they have been in sink with some oil companies where some companies that did not produce crude were paid cash core, an amount paid for crude oil production,” he said.
He added: “We also found that the cash core payment was use as a channel for laundering funds by NNPCL and we found out that NEITI was able to conceal it in its report.

“In 2021 NEITI reported that Total Exploration and Production Nigeria-Ltd was paid 168 million dollars but examination of submission by the company shows that it received 292 million dollars.

“In other words, 124 million dollars was laundered by NNPCL through Total because monies that have been officially paid to Total could not have been concealed if it were not meant for fraudulent purposes.

“Also for Chevron, the dollar payment NEITI puts forward in its report was 76 million dollars but document emanating from Chevron showed that they received as much as 267 million dollars.”

“In other words, 191 million was laundered under the cover of Chevron and NEITI concealed that; also, Nigeria Agip Company received 188milliom dollars but none of it was reported by NEITI”.

Some of those to be arrested were the Chief Executive Officer, National Petroleum Investment Management Services (NAPIMS), that of Ethiop Eastern Exploration and Production Company Ltd, as well as the CEO of the Western Africa Exploration and Production

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NEWS & LIFE

House of Reps wants FG to construct pedestrian bridges on Lagos-Ibadan Expressway

File photo

The House of Representatives has asked the Federal Government to construct pedestrian bridges at strategic locations on the Lagos-Ibadan expressway.

The resolution followed a motion moved by Rep. Tolulope Akande-Sadipe of All Progressives Party who represents Oluyole Federal Constituency during plenary.

This is contained in a statement issued by Akande-Sadipe’s Special Assistant on Media, Mr Olamilekan Olusada and made available to newsmen on Thursday in Abuja.

The motion highlighted the unprecedented growth of Ibadan which is now the third-largest city globally according to United Nations data.

According to her, this is in response to the critical safety concerns posed by the absence of pedestrian bridges on the Lagos-Ibadan Expressway.

Akande-Sadipe urged the Federal Ministry of Works to prioritize the construction of pedestrian bridges in strategic locations along this vital route.

“The Lagos-Ibadan Expressway, traversing highly populated sections of the city, has become an essential corridor for daily activities.

“However, the absence of pedestrian bridges has undervalued the safety of both pedestrians and drivers.

“Alarming rates of fatal accidents are recorded daily as people attempt to cross the highway to access schools, homes, workplaces, and markets,’’ she said.

Expressing deep concern, Akande-Sadipe emphasised that in spite of ongoing safety advocacy, pedestrian bridges have been neglected during the construction of the Lagos-Ibadan expressway.

The highway has sadly transformed into what she terms a `death trap’.

She explained that the motion recognised the importance of constructing pedestrian bridges at specific locations.

The locations, she said, includes the Technical University, Toll Gate in Ibadan, Félele, Sóka, Sanyo, Bólúwaji, Academy, Eléruku.

According to Akande-Sadipe, these bridges are as crucial to saving lives, reducing the sufferings of commuters, especially school children, and maintaining the economic viability of these highly populated areas.

She urged the Federal Ministry of Works to allocate funds for the construction of pedestrian bridges in the mentioned locations in the 2024 budget estimates.

She urged the House Committee on Works and Appropriation to ensure strict compliance with this imperative safety measures.

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BUSINESS

Reps invite CBN governor over plans to lift forex restriction on 43 items

CBN Gov, Yemi Cardoso

 

The House of Representatives has resolved to invite the Governor of the Central Bank of Nigeria (CBN) over the bank’s decision to lift the restriction on forex supply on 43 imported items.

The decision was sequel to a unanimous adoption of a motion by Rep. Sada Soli (APC-Katsina state) at plenary on Tuesday.

Some of the items include rice, cement, margarine, palm kernel, palm oil products, vegetable oils, meat and processed meat products, poultry and processed poultry products, tinned fish in sauce (Geisha)/sardine, cold rolled steel sheets, galvanized steel sheets among others.

Moving the motion, Soli recalled that the CBN imposed the restrictions in June 2015 to conserve the foreign exchange reserves and promote local production of certain goods, including about 11 food items.

He recalled that  on Oct. 12, the apex bank announced, among other issues, the lift on FOREX restrictions hitherto placed on 43 items.

According to him, some of the items have tariffs to protect local industries, as they are part of the imports prohibition list.

Soli expressed concern that the decision of the bank will greatly affect local production of items such as rice, cement, and palm oil among others.

The lawmaker said that it will force local manufacturers to hold the short end of the stick, leading to factory closure and ultimately eroding capacity to build the country’s local economy.

“Almost all the 43 items are from two critical sectors which have been identified by all policy documents from NEEDS, SEEDS to Vision 2022 as being areas that are critical to economic diversification.

“Worried that some of the listed items enjoy 60 to 70 per cent subsidy from their countries of origin, thus putting Nigeria’s local products at a comparative disadvantage and without any protection, and will lead to job losses and social exclusion;

“Also worried that the benefit of the cheaper imported inputs as stated by the CBN will give undue advantage to middlemen to drive the economy, which is inimical to our economic growth and not suitable to the current unified FOREX market in the country.

“Further worried that Nigeria will not be competitive in the African Continental Free Trade Area if our markets are flooded with imported finished goods.

“The decision followed the rising food inflation in the country which has significantly impacted the economy and the purchasing power of consumers in the country,” he said.

Soli said that lifting of the FOREX restriction on the importation of 43 items may not have meaningful impact on the rising food inflation as a result of soaring exchange rate.

In his ruling, the Speaker of the House, Rep. Tajudeen Abbas pursuant to Section 8 (4) (a) (b) and Section 5 (b) of the CBN Act, 2007 said that the CBN governor should be invited.

He mandated the Committees on Customs and Finance to interface with the governor to explain reasons for the decision. 

 

 

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ARTS & ENTERTAINMENT FEATURED STORIES

Hope for MohBad’s family as Reps move to secure his royalties

MohBad

The House of Representatives on Wednesday assured the family of late Ilerioluwa Aloba, popularly known as Mohbad, of its commitment to secure proper compensation and royalties from his musical works.

Reps Olumide Osoba, Chairman of the House Committee on Justice, said this when the Copy Rights Commission appeared before it and the Musical Copyright Society of  Nigeria in Abuja.

The appearance was an interactive session on the rights and royalties related to Mohbad’s music.

This is sequel to a motion of urgent public importance earlier moved by Rep. Babajimi Benson (APC-Lagos) to secure the royalties of Mohbad’s songs and lyrics.

Osoba emphasised the significance of securing compensation and royalties, acknowledging that these payments were essential sources of income for musicians.

He said such wouod enable artists to sustain their careers, create new music, and build a future within the industry.

He however, said that the current system often fall short in adequately protecting and providing for young musicians concerning their royalty rights.

He said many emerging artists face challenges when negotiating fair royalty agreements, particularly when dealing with major record labels.

He said this often wield significant power and could impose unfavorable terms, resulting in artists receiving only a fraction of the royalties they deserved.

He said,”it is crucial to recognise that young musicians are often not well-informed about their rights when entering into contracts.”

He said such knowledge gap placed them at a disadvantage, as they might not fully grasp the complex legal intricacies surrounding royalty rights.

He said the responsibility rests on society to bridge the knowledge gap and ensure that young musicians were aware of their rights while having access to legal support that safeguards their interests.

According to him, to address these issues, it is vital to work towards implementing stronger regulations and support systems within the industry.

This includes advocating for more transparent and standardized contracts for all artists, irrespective of their age or experience, to level the playing field and prevent the exploitation of young talent.

He further said that efforts should be made to provide accessible legal advice and assistance to young musicians through organizations, unions, or educational programs.

He also said that equipping them with the knowledge and resources needed to understand and negotiate contracts will empower them to protect their rights and secure fair compensation for their creative contributions.

“Additionally, there is a need to adapt the music industry to the digital age. While digital streaming platforms have revolutionized music consumption and distribution, young musicians often struggle to earn a substantial income due to outdated royalty structures.

“Advocating for revised royalty models that accurately reflect the value of music in the streaming era is essential.

He said, the committee is committed to this responsibility, adding that they have requested relevant information regarding the circumstances of his death and the measures in place to secure his royalties and other benefits,.

This he said is with a deadline of next week to expedite their action on this assignment.

He said the committee also welcomes any other information or challenges hindering the implementation of the rights and royalties of musicians.

He said the committee would ensure that the rights of young musicians regarding royalties is of paramount importance.

He said collective efforts should be made to guarantee that they receive fair compensation for their hard work and artistic contributions.

This according to him is by promoting transparency, education, and change within the industry, a future can be created where young musicians have a fair chance to thrive and build sustainable careers.

It would be recalled that Mohbad, passed away on Sept 12 under mysterious circumstances.

He said this underscored the urgency of addressing issues related to the rights and protection of royalties for young and upcoming artists in our country.

 

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BUSINESS

Alleged contract racketeering: House of Reps to probe oil company

House of Reps Speaker Tajudeen Abas

The House of Representatives has resolved to investigate alleged malpractices by Sterling Oil Exploration Company in its operations in Akwa Ibom.

The resolution was sequel to the reception of a petition by Social Justice and Civil Rights Awareness Initiative signed by Mr Elozie Umegwa

The petition which was laid on the floor of the house by Rep. David Umar (PDP-Kaduna) alleged that the company was engaged in contract splitting, breach of local content law, contract racketeering among others.

“The petition is by Social Justice and Civil Rights Awareness Initiative and it is signed by Mr Elozie Umegwa.

“We want to lay this petition so that it can be investigated by the appropriate committee,” he said.

In his ruling, the Deputy Speaker, Rep. Benjamin Kalu referred the petition to the House Committee on Public Petition for further legislative action.

 

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House of Reps Speaker: Who Succeeds Gbajabiamila?

From left Rep Gagdi, Abass, Abdulraheem, Wase, Betara and Kalu top contender for the 10th House of Reps Speaker From Left to ight: Yusuf Gadji, Tajudeen Abass, Abdulrahman Olawuyi, Ahmed Wasa, Aliyu Betara, and Benjamin Kalu

By Femi Ogunshola

Every system has its life cycle. For the 9th National Assembly, that cycle will end on May 29 as a new administration is inaugurated.

Expectedly, the race for who succeeds Hon. Femi Gbajabiamila, as the Speaker of the 9th House of Representatives has begun as ranking members of the lower chamber make open and clandestine moves to win the prized office.

The key main factors that will determine the winner will be the ranking and zoning. While zoning is an internal arrangement by the ruling All Progressives Congress (APC), ranking is a prerequisite as set up in the House Rules.

The gender factor cannot be ruled out also. Over the years, male House members have dominated the office with only Patricia Etteh’s short-lived tenure being only time the country had a female Speaker of the House.

Already, support for Hon. Mariam Onuaha (APC Okigwe North) a ranking female Rep member from Imo is gathering momentum not only among her female colleagues but also males who are inclined to gender equity.

Political observers say several blocs are emerging, some of which are the APC governors’ bloc and The Analysts who are said to favour zoning the office of the Speaker to the North West, North Central or North West.

More pressure groups are expected to sprout as days draw nearer. While some blocks say the job should be zoned to the South East others are of the opinion that the race should be thrown open.

So far, apart from Onuoha, other names connect to the Speaker are Reps. Yusuf Gagdi, (APC-Plateau) Tajudeen Abass (APC-Kaduna), Aliyu Betara (APC-Borno) and Abdulraheem Olawuyi (APC-Kwara).

Others are Rep. Ahmed Wase (APC-Plateau), Rep. Benjamin Kalu (APC-Abia) Rep Sanda Soli (APC-Katsina)

While some such as Rep. Abdulraheem Olawuyi, Benjamin Kalu have made an official declaration of the ambition other are said to be making consultations and would soon announce the date for their official declaration.

For instance, Wase, the incumbent Deputy Speaker, has been consulting with governors across the state cutting across political parties while Gagdi also met with some governors in the last few days to seek their support for his ambition.

Meanwhile, Rep. Aliyu Betara, Chairman, House Committee on Appropriation is considered as one legislature that has financial war chest to prosecute his election.

Multiple sources say that he has been able to woo substantial newly-member elected from different political parties.

Betara is from the North-East geo-poltical zone, same zone as the Vice President-elect, Kashim Shettima. This may hurt his ambition though he is believed to bank on the Gbajabiamila scenario.

Although he is from the South West, Lagos as then Vice-President elect, Yemi Osinbajo, he still won the Speakership in 2019.

Rep Jubrin Abdulmumini (NNPP-Kano) a fourth-timer and former Chairman, House Committee on Appropriation is said to back the candidature of Betara and has been rallying opposition to be on same page with him.

Analysts say the opposition which currently has 166 seats as against the APC 162 seats can gain control of the leadership of the house if united. As it stands, the PDP has 105 seats, Labour Party 34, NNPP 18, APGA 4, SDP 2, ADC 2, and YPP 1.

To AbdulRasaq, Olawuyi from Kwara, representing, Ekiti, Irepodun, Isin and Oke-ero Federal Constituency who is also the Chairman, House Committee on Emergency and Disaster Preparedness, says he is the most qualified for the job from the state if zone to the region.

Rep. Abass from Kaduna, though a new entrant into the race is a man to watch, he is said to have the backing of Gov. Malam Nasir El-Rufai.

Abass has sponsored the highest number of bills in the current Assembly with 78 bills.

Sources close to the lawmaker who crave anonymity said that his governor El-Rufai of Kaduna state is seriously backing his aspiration.

In spite of the permutation, stakeholders contend that the House of Representatives should be led by competent and experienced person.

They further argue that the interest of the nation should supersede any regional or party interests.

One of them is Sen. Opeyemi Bamidele (APC, Ekiti Central), who is also the chairman of the Senate Committee on Judiciary, Human Rights and Legal Matters.

“Competence and experience are the issues that should be more important as we try to see those who could lead the 10th National Assembly rather than these issues being presented more as tribal, religion or religious rights of individuals or communities in the country.

“As lawmakers begin to tell the world of their individual ambitions or aspirations…you also have a role to play in trying to stabilise and reposition discussions so that the real issues are not lost in pursuit of primordial interests”, Opeyemi said.

Ogunshola writes for the News Agency of Nigeria

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NEWS & LIFE

5 years compulsory service for fresh doctors is modern slavery – NRD

FG proposes 65 yrs retirement age for doctors, healthworkers

The Nigerian Association of Resident Doctors (NARD), has opposed the compulsory five-year service licensing of doctors proposed by the House of Representatives.

It said such amounted to modern slavery.

The group made its stand known in a communique it issued at the end of its emergency extended National Officers’ Committee (NOC) meeting.

This is contained in a communique jointly signed by the President, Dr Innocent Orji, Secretary-General, Dr Kelechi Chikezie and the Publicity and Social Secretary, Dr Musa Umar, on Tuesday in Abuja.

NAN reports that the title of the amendment bill, which was sponsored by Rep. Ganiyu Johnson, reads, “A Bill for an Act to Amend the Medical and Dental Practitioners Act, Cap. M379, Laws of the Federation of Nigeria, 2004.

“It is to mandate any Nigeria-trained Medical or Dental Practitioner to Practise in Nigeria for a Minimum of Five years before being granted a full licence by the Council in order to make Quality Health Services available to Nigeria; and for Related Matters (HB.2130).”

The bill was passed for second reading on April 6.

According to NARD, the bill is a definition of modern day slavery.

“The extended NOC admonishes the House of Representatives that the obnoxious bill as sponsored by Rep. Ganiyu Johnson is a clear definition of modern-day slavery and not in keeping with anything civil and so should be thrown away at this point.

“The house however, agreed with him on the palpable dangers of the current menace of brain drain in the health sector and promises to work with the government to reverse the trend when the government is ready to come up with genuine solutions to the problem.

“The extended NOC reiterates that any attempt by the government or any of her agencies to enslave Nigerian medical doctors under any guise would be strongly and vehemently resisted by the association.”

The association also called on the Federal Government to expedite action on the processing and payment of the reviewed Medical Residency Training Fund (MRTF) for the year 2023 as these funds were meant to offset debts associated with update courses.

The funds are also meant for the examinations of both the National and West African Postgraduate Colleges, which have since kicked off for the year.

“The extended NOC urges the Federal Government to keep to agreements reached by the stakeholders constituted by the Federal Ministry of Health on the implementation of the 2023 MRTF and to expedite action on its payment immediately.

“Any attempts to do otherwise would only throw the health sector into another series of undesired crises.”

They also called for immediate action by the Federal Government with regards to the upward review of the Consolidated Medical Salary Structure (CONMESS) which has not been done for over ten years now, and to ensure implementation of same before May 29.

NARD, however, appreciated the Federal Government for the near completion of the payment of 2020 MRTF and the reviewed hazard allowance arrears.

It encouraged the Federal Government to ensure that the few persons yet to be paid are settled immediately.

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NEWS & LIFE

Reps honour slain lawyer Bolanle Raheem with a minute’s silence, demand justice

Bolanle

The House of Reps have joined in the Condemnation against the policeman who shot dead a Lagos lawyer, Bolanle Raheem, on Sunday.

The House on Wednesday honoured Raheem with a minute’s silence and demand justice for her.

Raheem was shot be an Assistant Superintendent of Police, Drambi Vandi, an officer attached to the Ajah Divisional Headquarters of the Lagos State Police Command.

At the plenary on Wednesday, members of the House observed one-minute silence in honour Raheem, and Gafaru Braimoh who was the second person to have been killed by policemen in the same area within one month.

The lawmakers demanded, “an immediate investigation be carried out to get justice for these two victims,” while they resolved that “police officers should be banned from consuming alcohol and other hard substances that are capable of inhibiting their sense of reasoning and capability to carry out their duties judiciously.”

The House also declared that there should be a zero-tolerance policy to misconduct or misbehaviour in the Nigeria Police.

These resolutions were based on a motion of urgent public importance moved by the lawmaker representing Eti-Osa Federal Constituency in Lagos State, Babajide Obanikoro, titled ‘Urgent Need to Investigate the Killing of Mrs Bolanle Raheem,’ which the lawmakers unanimously adopted.

ALSO READ: Bolanle Raheem: 10 facts about lawyer shot by policeman on Christmas day

Moving the motion, Obanikoro said, “The House notes that on Sunday, December 25, 2022, Mrs Raheem and her family were returning from church when they were pulled over in the Ajah area by officers of the Nigeria Police. Without any altercation, one of the officers, ASP Dambri Vandi, aimed and fired at Mrs Raheem on the spot. She was seven months pregnant with twins.

“The House is concerned that the same incident happened earlier in the month, on December 7, by officers of the same Ajiwe Police Station, who gunned down a young man by the name Gafaru Braimoh, and which sparked a bit of civic unrest.

“The House is worried that this type of occurrence happens often across Nigeria and the officers usually get away with the shooting and killing of the same innocent citizens they swore to protect.”

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BREAKING: House of Reps orders CBN to stop sale of Polaris Bank

Polaris Bank announces Innocent Ike as Acting MD/CEO
Polaris Bank

The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc.

The House said the suspension should be until the CBN deposit Insurance Corporation and the Asset Management Corporation of Nigeria concluded all processes for open, transparent, and competitive bid process.
This the house said it ahould be in line with best practice and procedure for divestment of this nature.
This followed the adoption of a motion of urgent public importance by Rep. Henry Nwauba (APGA-Imo) at the plenary on Wednesday.
He said public attention had been drawn through a circulation currently on social media in respect of the proposed sale of Polaris Bank for N40 billion.
He said that there was need to ensure that the divestment in the bank did not jeopardize the core reason for the CBN intervention in the bank in the overall public interest.

He added that the divestment should be done most transparently following the required due process.
He said that this was necessary to avert public outcry and untoward reaction from critical stakeholders in the economy, foreign business partners banking community, depositors, Correspondent banks.
He added that it was crucial to avoid the shortcomings of the previous similar exercise undertaken in the past.
He said that Polaris Bank was borne out of the bailout of the defunct Skye bank Plc that failed due to poor corporate governance and non-performing loan.

This, he said, was for which close to a trillion Naira of public fund was committed to resuscitating the bank.
He said that the proposed sale was shrouded In secrecy and was opaque and required that it was done in transparency and accountability to eliminate insinuations of corruption.
He said the transited defunct Skye Bank was a systemically important Bank with a large pool of employees, customers, and other stakeholders.
He said that the bank without a bailout would have had a serious contagion effect on the economy and global perception/reputation;
The House therefore set up an Ad hoc Committee to within 20 days, review the total outlay by the Federal Government of Nigeria in Polaris Bank and account for the entire financial input in the bank by the Federal Government.
The House said this should be through CBN, NDIC and AMCON to determine whether the conditions and terms of sale were likely to ensure positive return on public funds thus far committed to the bank, whether as bailout funds or other investments.
The House urged the committee to take action necessary to ensure that the public funds committed to Polaris Bank were appropriately documented, accounted for.