They said they have a good working relationship with the executive arm of the government, adding that the speculation was to cause disaffection between the two arms.
The funds were said to have been lodged by the state government in a secret Zenith Bank account for over 10 years.
The Chairman of the House Committee on Information, Olugbenga Omole, in a statement after plenary, denied reports that the House met on Monday to begin impeachment proceedings.
The statement said: “There was no plan to commence impeachment moves against Governor Akeredolu.
“The news making the rounds that the Speaker’s lodge was under siege is a hoax and the imagination of those behind it.
“The lodge was never under siege. The armed policemen sighted there were at some distance away and were there to maintain peace, law and order.
Omole explained that the issue of the N 4 .3 bn was discussed at the meeting, adding that all relevant documents relating to the funds should be submitted to the House Committee on Public Accounts and the Committee on Finance and Appropriation , respectively.