NPA Denies Having $1bn Hidden Account

Posted on June 30, 2020

The Nigerian Ports Authority (NPA) has denied the allegations of a whistleblower who claimed that the authority has a hidden $1 billion account with Unity Bank Plc. 

The NPA, in a statement responding to a petition by a man named John Okpurhe to President Muhammadu Buhari, said the allegations that it operates such accounts are untrue. 

The petitioner had also accused the Attorney General of the Federation, Mr. Abubakar Salami ( SAN) of allegedly refusing to reward him after exposing over $1 billion in a hidden account with Unity Bank Plc operated by the Nigerian Ports Authority. 

The petitioner also claimed that an account number 0013680344 operated by the NPA with Unity Bank contains the hidden amount.

However, the NPA vehemently denied the allegations and claimed that it only operates the bank account 0013670344 which had a total sum of $1,057,772.03 as of December 2019 and not the $1,034,515,000.00 as alleged by the petitioner. 

The NPA also says the account has not been in operations since August 2010 due to a Garnishee Order placed on it in the Aminu Ibrahim & Co $ Anor vs Nigerian Ports Authority case, which went from Federal High Court to the Supreme Court in 8 years. 

Parts of the detailed statement released by the NPA said: “The Judgment creditors continued with the Garnishee process which resulted in the credit of the amount $1,057,772.03 in favour of Suit No: FHC/L/CS/582/2010 GARNISHEE ORDER NISI – AMINU IBTAHIM & CO & ANOR vs  NIGERIAN PORTS AUTHORITY on December 4rg 2019 in line with the Garnishee order absolute. 

“The account under discussion was frozen on the strength of a court order in august 2010, following the completion of the case, the money was consequently transferred to the judgment creditor on December 4, 2019 in line with the Garnishee Order Absolute.”

The Nigerian Ports Authority (NPA) has denied the allegations of a whistleblower who claimed that the authority has a hidden $1 billion account with Unity Bank Plc. 

The NPA, in a statement responding to a petition by a man named John Okpurhe to President Muhammadu Buhari, said the allegations that it operates such accounts are untrue. 

The petitioner had also accused the Attorney General of the Federation, Mr. Abubakar Salami ( SAN) of allegedly refusing to reward him after exposing over $1 billion in a hidden account with Unity Bank Plc operated by the Nigerian Ports Authority. 

The petitioner also claimed that an account number 0013680344 operated by the NPA with Unity Bank contains the hidden amount. However, the NPA vehemently denied the allegations and claimed that it only operates the bank account 0013670344 which had a total sum of $1,057,772.03 as of December 2019 and not the $1,034,515,000.00 as alleged by the petitioner. 

The NPA also says the account has not been in operations since August 2010 due to a Garnishee Order placed on it in the Aminu Ibrahim & Co $ Anor vs Nigerian Ports Authority case, which went from Federal High Court to the Supreme Court in 8 years. Parts of the detailed statement released by the NPA said: 

“The Judgment creditors continued with the Garnishee process which resulted in the credit of the amount $1,057,772.03 in favour of Suit No: FHC/L/CS/582/2010 GARNISHEE ORDER NISI – AMINU IBTAHIM & CO & ANOR vs  NIGERIAN PORTS AUTHORITY on December 4rg 2019 in line with the Garnishee order absolute. 

“The account under discussion was frozen on the strength of a court order in august 2010, following the completion of the case, the money was consequently transferred to the judgment creditor on December 4, 2019 in line with the Garnishee Order Absolute.”

NPA also maintained that it is obvious no cloned account exists as speculated in the “alleged whistleblowing effort”. 

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