FirstBank ordered to disclose bulletproof cars’ loan details

A Federal High Court in Lagos on Tuesday ordered First
Bank Plc to disclose details of the loan facility it granted the
Nigerian Civil Aviation Authority for the purchase of the two
controversial bulletproof BMW cars for the former Minister
of Aviation, Stella Oduah, in 2013.
Public outcry had followed the purchase when the
information leaked that the vehicles had cost N255m.
Justice Mohammed Yunusa in his judgment in a suit
instituted against the bank by a civil society group, Enough
is Enough Nigeria, held that the bank was bound by the
provisions of Sections 2(7) and 31 of the Freedom of
Information Act to release the details.
The judge held that the bank could not hide under the cover
of being a private company to deprive the plaintiff of the
information.
EiE Nigeria had on October 30, 2013, filed the suit under the
provisions of the FoI Act, following the bank’s refusal to
disclose the information to the group as earlier requested
from the bank.
First Bank was said to have denied the group’s request
without disclosing any reason.
Justice Yunusa had on April 28 delivered a similar judgment
against Coscharis Motors Limited which supplied the
vehicles to the NCAA. The NCAA stated that it had appealed
the judgment.
The judge in dismissing First Bank’s defence anchored on
being a private company noted that the bank did not deny
EIE’s claim that it collected levies and taxes on behalf of the
government.
It ruled that Sections 1(3) and 20 of the FOI Act gave EIE the
right to apply to the court to compel the First Bank to
disclose the information that it applied for.
The court held that the objective of the FOI Act, as stated in
its preamble, was to make public records and information
more freely available.
Justice Yunusa granted the reliefs prayed for by EIE.
The court, however, refused to issue an order directing the
Attorney-General of the Federation to initiate criminal
proceedings against First Bank.
But the court asked EIE to write formally to the Attorney-
General.
The suit was filed on behalf of EIE last January 9 by Mr.
Ayodeji Acquah of Media Rights Agenda Network.
EIE asked for the original documents including pro-forma
invoice(s) from the supplier, request letter from the NCAA
and insurance certificate for the assets (the BMW vehicles);
rationale for approval including the credit application (or an
acceptable alternative) originating the request and details of
the approving authority; and offer letter to the NCAA stating
the terms and conditions of the loan facility.