A house of representatives committee has threatened to invoke a warrant of arrest on the managing director of eTranzact International Plc if he fails to appear before it on the date to be fixed by the panel.

At its sitting on Wednesday, the committee on customs and excise accused the managing director of “colluding with some banks to cheat” the Nigeria Customs Service (NCS).

Leke Abejide, chairman of the committee investigating an alleged non-remittance of customs duties by banks to the federal government, spoke at the hearing on Wednesday.

“We have been asking this e-Transact to give us information, and they have been failing,” he said.

“I am using this medium to advise the managing director of eTranzact to honour the invitation of this house otherwise we will not have any option thank to take the necessary legal action against him, and this can include getting him arrested. We are not on our own, we were elected by the people and to work for the country.

“We discovered that he colluded with some banks and cheated the Nigeria Customs Service of several billions of naira. For him to come and explain how this happens, it becomes difficult. This is the last chance we are giving him.”

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