Senate is probing alleged N263 billion fraud at Lagos ports

The Senate has described as irreversible its decision to investigate alleged financial infractions by security outfits at the Lagos ports worth about N263 billion.

It had last week directed its committees on Navy, Marine Transport and Finance to investigate the activities of Messrs OMSL and other security agencies at the Safe Anchorage Area in the ports over the alleged misdeeds.

But amid concerns that the investigation might suffer setbacks for lack of initial consultations, the leadership of the Senate has reportedly charged its joint committee to continue the probe.

Speaking at the confidence, a principal officer of the Senate said: “Look, the Senate has taken a decision to investigate the matter already. Although I am not authorised to talk on the matter because I am not a member of the joint committee, I will say that the issues of consultation being raised will be done by the joint committee, which has already received the marching order to swing into action.

“I can tell you that on this investigation, we have reached a point of no return. The only time Senate will look at the matter again is when the joint committee turns in its report. Whoever has anything against the investigation should direct its complaints to the joint committee.”

This emerged as one of the stakeholders in the issues that prompted the probe, Ocean Marine Solutions Ltd (OMSL), asked the Attorney General of the Federation, Abubakar Malami, to intervene and stop Marine Notice No 5 of 2019.