HOW ATTORNEY-GENERAL OF THE FEDERATION & AKINSEYE-GEORGE, SAN LOOTED 20 MILLION DOLLARS FROM THE HIDDEN ACCOUNTS OF THE NNPC/SUBSIDIARIES

An Abuja-based Activist Lawyer, Barrister Johnmary Chukwukasi Jideobi, has challenged the Honourable Attorney-General of the Federation and Professor Akinssye-George, SAN [a close ally of V.P. Osibanjo] to explain to Nigerians what happened to over Four Hundred and Eighty Four Million Dollars which unnamed government officials conspired with seven banks to hide in their vaults so as not to be captured by the Treasury Single Account in violation of Sections 80 and 162 of the amended 1999 Constitution. The whooping sum belongs to the NNPC and some of its subsidiaries. Even though Professor Akinseye-George was to collect 5% of the entire sum upon recovery [based on the Power of Attorney given to him by Malami, SAN at the instance of Akinseye's proposal], the Attorney-General withdrew the suit meant to recover this whooping sum from the banks under three weeks the suit was filed. Akinseye-George just gave "Public interest" as the reason to abandon the recovery of the money being hidden away from the TSA.

In a suit filed before the Federal High Court Abuja, on the 21st of December, 2017, the Lawyer has apparently opened a carn of worms that might turn out to be the biggest whistle-blowing of the year. Below are the Court processes. Look at what the Lawyer wrote on his facebook wall concerning the suit:

"Sometime in July, 2017, the Federal Government brought an action against seven commercial banks seeking to retrieve from them over Four Hundred and Eighty Four Million United States Dollars. The said monies were surreptitiously domiciled in the banks' vaults by unconscionable government officials and some Ministries, Departments and Agencies (MDAs) of the Federal Government in unholy connivance with the Banks so as to hide the monies from the rigorous demands of the Treasury Single Account (otherwise called TSA) as mandatorily required under Section 80(1) and 162 of the amended 1999 Constitution of the Federal Republic of Nigeria. When the delinquent banks filed their counter-affidavits, in a twist of events [which defies logic], the same Federal Government promptly discontinued its claim against those Banks when it came to light that this large-scale fraud being perpetrated against Nigerians was/is unlawfully backed by some cabals in the corridors of power.

The Attorney-General of the Federation who was aggressively raging against the recalcitrant banks suddenly did a somersault. In withdrawing the suit, he cited "the interest of the public". Now the question that calls to mind is : whether the gross violation of the Constitution [Sections 80 & 162] and hiding humongous sums of money are part of "public interest". Whose interest was being served at the time the suit to recover these monies was filed? What happened/changed between the time of the institution of the suit and the time of its withdrawal. Was a Senior Advocate of Nigeria and a Professor of Law paid a whooping five (5) per cent (%) of the over Four Hundred and Eighty Four Million Dollars that was supposed to be recovered? The present suit filed by my humble self is aimed at finding relevant answers to these salient posers and to move the Court to compel these banks to immediately move these monies to the Treasury Single Account of the Federation domiciled at the CBN. In doing this, I have obtained the Certified True Copy of ALL the court processes filed at the Lagos Division of the Federal High Court by both the delinquent banks and the Federal Government. All of them are now before the Abuja Division of the Federal High Court so that all those who are directly and or remotely involved in this monumental heist against the Nigerian people will have their day in the open court and explain to Nigerians what they know about our resources that have been most wickedly cornered to the crass detriment of the already impoverished populace of this great nation. The stage is now set and we will go to the field as soon as the Court is back from Christmas vacation. Join hands to end impunity so that we can give ourselves a NEW nation."