Skip to content
November 14, 2025
  • Nigeria Govt Suspends Implementation Of 15% Import Tax On Imported Petrol
  • Ex-Chelsea Star Oscar Slumps In Training, Hospitalised
  • Troops Prevent Terrorists From Kidnapping  74 Stranded  NYSC Members In Borno
  • Minister Rules Out Sanction Against Naval Officer Over Confrontation With Wike

NEWS RANGERS

NEWS BY THE HOUR

Newsletter
Random News
  • Home
    • About Us
    • Contact
  • National
  • State
  • International
  • Sports
  • Features
    • Business
    • NASRDA
  • Entertainment
  • Health
  • Interview
Headlines
  • Nigeria Govt Suspends Implementation Of 15% Import Tax On Imported Petrol

    1 day ago
  • Ex-Chelsea Star Oscar Slumps In Training, Hospitalised

    1 day ago1 day ago
  • Troops Prevent Terrorists From Kidnapping  74 Stranded  NYSC Members In Borno

    1 day ago1 day ago
  • Minister Rules Out Sanction Against Naval Officer Over Confrontation With Wike

    1 day ago
  • Retired Generals Express Outrage Over Wike-Naval Officer Clash As FG Orders Probe

    1 day ago
  • Grammy Nominee Akon Arrested Over Suspended License In Georgia, Released On Bail

    1 day ago
  • Home
  • National
  • NPA Disowns Ownership Of $1bn Domiciled In Unity Bank Account
  • National

NPA Disowns Ownership Of $1bn Domiciled In Unity Bank Account

News Rangers5 years ago5 years ago05 mins

LAGOS JUNE 29TH (NEWSRANGERS)-The controversy surrounding ownership of $1billion domiciled with Unity Bank Plc continued on Monday as the management of Nigerian Ports Authority (NPA) denied any link with the alleged account.

A whistleblower, John Okpurhe, had in a letter to President Muhammadu Buhari accused  the Attorney-General of the Federation and Minister of Justice, Abubakar Malami of refusing to pay him the reward after exposing over $1 billion government money hidden in Unity Bank Plc.

 Responding, the Office of the Attorney-General of the Federation and Minister of Justice explained that whistleblowers are paid  after successful recovery not for mere tracing or exposure of suspected illegitimate funds.

According to the whistleblower, the account was secretly being operated by the Nigerian Ports Authority (NPA) to illegally collect revenue from vessels.

 But, in a swift reaction on Monday, the management of NPA dissociated itself from anything that has to do with the alleged account.

  A press statement issued by Jatto A Adams, General Manager, Corporate and Strategic Communications, NPA said: “The Management of the Nigerian Ports Authority is aware of media reports based on a petition by one Mr. John Okpurhe to President Muhammadu Buhari.

“The petitioner accused the Attorney General of the Federation, Mr. Abubakar Malami(SAN)of allegedly refusing to reward him after exposing over $1bn supposedly hidden in an account with Unity Bank Plc and allegedly operated by the Nigerian Ports Authority.

“The Authority hereby states that allegations that it operates such an account is untrue.

“Mr. Okpurhe, claiming to be a whistleblower cited an account number: 0013680344 allegedly being operated by NPA but this account does not exist as evidenced by a letter from Unity Bank Plc.

“The NPA operates an account with Unity BankPlc with account number: 0013670344 with a total sum of$1,057,772.03 (One Million, Fifty-Seven Thousand, Seven Hundred and Seventy-Two Dollars,Three Cents) as of December 4, 2019 and not $1,034,515,000.00(One Billion, Thirty-Four Million, Five Hundred and Fifteen Thousand United State Dollars)as alleged by the petitioner.

“However, the NPA account has not been in operation since August 27, 2010 due to a Suit No: FHC/L/CS/582/2010 GARNISHEE ORDER NISI in AMINU IBRAHIM & CO & ANOR. VS. NIGERIAN PORTS AUTHORITY where a garnishee order was placed on itfollowing a case, which went from the Federal High Court to the Supreme Court over a period ofeight years.

“Upon the determination of the case at the Supreme Court, the judgment creditors continued with the Garnishee process which resulted in the credit of the amount $1,057,772.03 (One Million, Fifty-Seven Thousand, Seven Hundred and Seventy-Two Dollars, Three Cents) in favour of Suit No: FHC/L/CS/582/2010 GARNISHEE ORDER NISI- AMINU IBRAHIM & CO & ANOR. VS. NIGERIAN PORTS AUTHORITY on  December 4th 2019 in line with the Garnishee Order absolute.

“It is therefore obvious that there is no cloned account as speculated in the alleged whistle blowing effort of Mr. Okpurhe.

“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, 2019in line with the Garnishee Order Absolute”.

City Business News

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Related Posts

  • Fire Razes Unity Bank Headquarters In Lagos

    LAGOS SEPTEMBER 23RD (NEWSRANGERS)-There was a fire incident early Monday at the head office of…

  • Woman Hacks First Bank Account, Steals N16.2m

    LAGOS JUNE 19TH (NEWRANGERS)-A 67-year-old woman has been arraigned before the Lagos State Magistrate Court…

  • I Do Not Operate Any Bank Account-T.B.Joshua

    LAGOS AUGUST 13TH (NEWSANGERS)-Leader and founder of The Synagogue Church of All Nations (SCOAN), Prophet…

Tagged: $1bn Disowns Nigeria Ports Authority NPA Unity Bank Account Whistle blower

Post navigation

Previous: Twitch Suspends Donald Trump’s Account Over Alleged ‘Hateful Conduct’
Next: I Never Said Igbo Wouldn’t Be President Of Nigeria – Arewa Youths Leader

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Nigeria Govt Suspends Implementation Of 15% Import Tax On Imported Petrol

News Rangers1 day ago 0

Ex-Chelsea Star Oscar Slumps In Training, Hospitalised

News Rangers1 day ago1 day ago 0

Troops Prevent Terrorists From Kidnapping  74 Stranded  NYSC Members In Borno

News Rangers1 day ago1 day ago 0

Minister Rules Out Sanction Against Naval Officer Over Confrontation With Wike

News Rangers1 day ago 0

News Rangers TV

Entertainment

  • Grammy Nominee Akon Arrested Over Suspended License In Georgia, Released On Bail
  • Bedridden Singer Daddy Fresh Appeals For Help Over Deteriorating Health And Financial Condition
  • Davido Reveals Reason Of  His Meeting With French President Macron
  • Few Days To 29th Wedding Anniversary Akon’s Wife Files For Divorce, Demands €100m
  • ‘Sound Of Music’ Actress Accuses Producer Of Raping Her At Age 15

News Rangers TV

Interviews

  • Help! My Husband Still In Kidnappers’ Den After Three Months-Woman Cries Out
  • How I Stopped Corrupt Colleagues From Killing Traveler With Cash-Filled Bag – Retired DSP
  • Fuel Sufficiency: NNPCL Have Commenced Pipelines, Depots’ Rehabilitation-Soneye
  • Humanitarian Crises: Why Nigeria Needs Collective Response – UN Rep. 

Sports

  • Ex-Chelsea Star Oscar Slumps In Training, Hospitalised
  •  Galatasaray President Reacts To  Lionel Messi Transfer Speculation
  • Champions League: Osimhen’s Hat-Trick Power Galatasaray To 3-0 Triumph Over Ajax
  • UEFA Champions League: Liverpool Banned From Playing Real Madrid