Sterling Bank Refutes Hidden NAPIMS, NPDC Funds

Loading...

 

“Our attention has been drawn to reports in certain online publications of an order by the Federal High Court sitting in Lagos on Thursday 20th July, 2017 mandating Sterling Bank Plc to remit the sum of US$46.5m (Forty Six, Million, Five Hundred Thousand United States Dollars Only) to a designated Federal Government Asset Recovery Account with the Central Bank of Nigeria

“The sum in question supposedly represents undisclosed qualifying funds under the Federal Government’s Treasury Single Account (TSA) policy illegally kept by the National Petroleum Investment Management Services (NAPIMS) and Nigerian Petroleum Development Company (NPDC).”

“We wish to state unequivocally that Sterling Bank does not hold any sum in any currency as a deposit from either of these entities.”

“We have therefore written formally to the Office of the Accountant General of the Federation (AGF) demanding a clarification of this claim and a correction in the interest of the general public.”

Source: Topcelebritiesng

Loading...
Loading...

Biodun Kupoluyi

Editor-in-Chief

Biodun Kupoluyi has 10542 posts and counting. See all posts by Biodun Kupoluyi

Leave a Reply

Your email address will not be published.

Loading...

%d bloggers like this: