N630m Loan Scam: Prosecute Lawyers, Bank officials; Reps order Police

The House of Representatives have directed the the Police and Nigerian Bar Association (NBA) to the lawyers and some bank officials fingered in a N630m loan scam in Abuja.

The resolution was based on a report of the House’s Committee on Public Petition, which probed a case of fraud and forgery brought against First Bank of Nigeria plc, by Dr. Francis Nwufoh, proprietor of Whiteplains British School, Abuja.

The House resolution marked NASS/CNA/105/VOL 25/175C, and dated June 17, 2019, was signed by the Clerk to the National Assembly, M.A Sani-Omolori.
Accompanying the resolution sighted by Blueprint on Sunday was a copy of the Votes and Proceedings of Tuesday, 28 May, 20.

More so, the House “urge the Central Bank of Nigeria to investigate the role of First Bank of Nigeria plc in the forgery of Deed of Tripartite Legal Mortgage Documents. 

“Also urge the Nigeria Police Force to conclude investigation and , if necessary.

“Further urge the Disciplinary Committee of the Nigerian Bar Association to investigate the matter and bring to book any lawyer found culpable.

“Again, urge the Minister of Federal Capital Territory to direct the Director of Land, Abuja Geographical Information System (AGIS) to expunge all the documents filed in securing the Deed of Tripartite Legal Mortgage of plot No 321, measuring approximately 1.8 hectares within Dakibiyu District, Cadastral zone B10, allocated to France Lee Nig Ltd by virtue of the term of grant/conveyance of approval dated 24 July, 1998 and a Certificate of Occupancy dated 31 August, 2005.

“Still urge the Minister of the FCT to prevail on the Director of Land to equally expunge, discountenance and cancel the said forged DEED of Tripartite Legal Mortgage over the said property as same was secured by fraud.”

In addition, the House urged the Registrar General of the Corporate Affairs Commission (CAC) lo Cancel the Letter of Consent to file Signatures of Directors of France-Lee Nigeria Ltd and Form CO7, the particulars of Directors duly filed by Mr. Chuks Dibiezue, the external Solicitor to the First Bank”. 

Hon Zaphaniah Jisalo had presented a petition on behalf of Whiteplains at the House of Representatives’ sitting of Tuesday, 11th December 2018.

The report which was signed by Hon. Uzoma Nkem-Abonta, Committee Chairman, and Yakubu W. Yilji (PST), Committee Clerk, the recommendations. 

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