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Punch Newspapers Sections Leke Baiyewu and Okechukwu Nnodim Published 25 June 2021 Published 25 June 2021 The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, on Thursday, grilled the Acting Managing Director, Polaris Bank Limited, Innocent Ike, over an account belonging to the Nigerian National Petroleum Corporation. Over $200m was said to have been allegedly hidden in the account, which was opened in 2012. Polaris Bank, formerly Skye Bank, said it forwarded the balance to the Central Bank of Nigeria in compliance with the Treasury Single Account policy of the Federal Government.

Tosin ojaomoOkechukwu nnodimKennie obateruAdejoro adeogunLeke baiyewuNigerian national petroleum corporationInvestigation panel for recovery of looted propertyPolaris bankCentral bankSkye bankDeposit money bankGroup public affairs divisionRepresentative ad hoc committeeAll recovered loots movableImmovable assetsFederal government