Defying the Federal government on matters relating to the Treasury Single Account (TSA), the Nigeria Ports Authority (NPA) is currently operating two secret foreign accounts were payments are made and the monies looted by the management and supervising minister, Pointblanknews.com authoritatively reports.
These accounts are not known to the Federal government neither are the inflow declared or remitted to government coffers.
Findings revealed that the accounts are plundered by the management and the supervising minister since it is not within the records of the Federal government.
The two accounts are CITIBANK N.A. 111 WALL STREET, NEW YORK, NEW YORK 10043 with ABA CODE 021000089 and another CITIBANK N. A. CANADA SQUARE, CANADA WHARF LONDON E145LB for NPA Service Boat Revenue Collection.
In a memo exclusively sited by Pointblanknews.com, the management of NPA ordered that all payments for NPA Service Boat operations should be made to the accounts thereby consciously violating federal government’s directives.
It is from these accounts that the former Minister of Transport, Rotimi Amaechi allegedly drew funds with which he prosecuted his now extinguished presidential ambition.
Again, the ex-minister is currently constructing
a mansion with an underground at Ambassador Desmond Akawo Street, Guzape, Asokoro District, in the heart of Abuja, Nigeria’s capital with funds believed to have been proceeds from the plunder of these accounts.
Pointblanknews.com checks further reveal that NPA London office still collects budget for Nigeria National Shipping Line which does not exist anymore.
A source close to the workings of NPA said “Port charges and other lucrative charges from NPA are kept in those account. They don’t go to TSA, it is not within the control of Govt. That is the account Transport Ministers, NPA MD used to move moneys, buy houses, shop. They appropriate whatever funds is there like a personal account in connivance with the Banks.
“Both Banks do not make the transactions going on in that accounts public. Annual filings of the Banks do not reflect incomes and expenditures made in those secret accounts. The NPA leadership keeps all transactions in that account secret.”
Another Source corroborated this, saying “it is the account Amaechi and his minion, the MD of NPA, Mohammed Koko, has been using to launder funds, purchase houses in UK. It is a secret account only known and operated by the NPA, the Banks, and Minister of Transport
” It is the account that allegedly funded Amaechi’s failed Presidential ambitions. The currently NPA boss uses the account to do deals for Amaechi. Only him and the Banks know the account and amount there”
President Muhammadu Buhari had in 2015 forbade the operation of private accounts, ordering each and every Federal Government Ministry, Department or Agency to start paying into a Treasury Single Account (TSA) for all government revenues, incomes and other receipts.
According to the directive, this measure was specifically to promote transparency and facilitate compliance with sections 80 and 162 of the 1999 Constitution.
In 2020, the House of Representatives had l taken a decision to investigate the alleged secret account containing $1 billion as alleged by a whistleblower.
Both NPA and Unity Bank had vehemently denied the existence of the particular account which the whistleblower, John Okpurhe, claimed was secretly being operated by the parastatal to illegally collect revenue from vessels.