The Nigerian Senate Joint Committee on Customs and Marine Transport investigative panel on Thursday accused some commercial banks, shipping firms, terminal operators of allegedly conniving with some officials of Customs and Nigeria Port Authority (NPA) to defraud the Federal Government.
According to the chairman of the committee, Senator Hope Uzodinma, the alleged fraud come in various forms beginning with abuse and violation of foreign exchange issued by Central Bank of Nigeria, incorrect classification and under valuation of vessels coming into Nigeria.
Uzodinma alleged that preliminary investigation by his committee into activities of Customs, financial leakages and malpractices in the country’s seaports and revenue system have shown evidence of how “a group of unpatriotic persons brazenly constitute themselves into cabal to inflict infractions at the nation’s sea ports.”
