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

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37F5C8ED 4249 487B 8B2D C6712C04F270

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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.

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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”

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“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.”

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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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