Reps directs committee to probe Nigerian Port Authority over “secret bank account with $1.03billion”

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The Federal House of Representatives has  directed its House Committees on Finance to investigate the circumstances surrounding the alleged $1.03billion secret bank account operating by the Nigeria Port Authority (NPA) with Unity Bank.

The House decision followed a motion of urgent public importance moved by Kolawole Lawal from Ogun state on Thursday, July 2, during plenary.

Moving the motion, Mr. Lawal explained that the matter was exposed by a whistleblower who informed the Office of the Attorney General of the Federation about the account domiciled in Unity Bank; which the NPA uses to collect money from vessels, contrary to financial regulations.

In his words “The controversy generated by a whistleblower who claimed that while acting in line with the whistleblower policy of the Federal Government; he duly informed, in confidence, the Office of the Attorney General of the Federation about a hidden or secret account operating by the NPA in Unity Bank to collect revenue generated from sea vessels”

“The whistleblower alleged that the information he gave to the OAGF led to the exposure of an illegal secret account in a Lagos branch of Unity Bank; where the sum of $1,034, 516,000 was kept, contrary to financial regulations and the Constitution”

“He also alleged that the information was verified and approved by the OAGF as qualified for financial reward; as prescribed under the whistleblower policy of the Federal Government.”

The Reps noted that based on the advice of the OAGF, a written agreement was reached between a representative of the whistleblower; Mamman Maiyaki & Co. Legal Practitioners, and the office as evidence of the transaction.

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