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Speaker Impeachment: Bank Documents Show New Evidence of Ayambem’s Financial Misconduct

by admin
May 23, 2024
in Breaking News
Reading Time: 4 mins read
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Documents Are Currently Making The Rounds To Back Up Elvert Ayambem, Cross River State House Of Assembly Speaker’s Impeachment. One Of The Documents Shows Bank Accounts From Where Money Was Allegedly Misappropriated By The Embattled 10th Assembly Speaker, Ayambem.

The documents show bank statement from First Bank, Globus Bank and GTB, showing about 150 transactions in house assembly bank accounts.

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It was earlier reported that the Cross River State Assembly impeached its speaker, over alleged financial misappropriation, incompetence and wrong conduct of plenary proceedings, amongst others.

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The notice reads

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 “We bring this all important Motion under matters of urgent public importance inline with Order 24 of the Rules of the Cross River State House of Assembly and pursuant to Section 92(2)(C) of the Constitution of the Federal Republic of Nigeria 1999 as altered.

“Having met the Constitutional requirements of two-third majority, we the under-listed members of the Cross River State House of Assembly hereby pass a vote- of-no- confidence on Rt. Hon. Elvert Ayambem, Speaker of the House of Assembly and he is hereby REMOVED,” the part of the impeachment notice read.

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“Hon. Ayambem is also accused of misappropriation of the sum of N48,000,000.00 (Forty-Eight MillionNaira) meant to pay Nepa bills for the House of Assembly complex and the House of Assembly Quarters.

“Misappropriation of 2% of all revenue collected by the Internal Revenue Service (IRS) monthly for oversight functions of the House of Assembly in line with Section 18(a)(i) of the Cross River State Revenue Administration Law 2011 as amended to the tune of N404,683,855.10 (Four Hundred and Four Million, Six Hundred and Eighty-ThreeThousand, Eight Hundred and Fifty-Five Naira, Ten Kobo).

Ayambem represents Ikom 2 State Constituency and was elected Speaker of the 10th Cross River State House of Assembly in June 2023.

However, a statement by the Chief Press Secretary to the impeached Speaker, Mathew Okache suggests that Ayambem remains the speaker of the 10th assembly.

See Documents Below:

Tags: cross river statedocumentsimpeacehmentlegislaturemisconductnewsspeaker
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