Section 42: Confidentiality of exammation report.

Every report of examination of an insured institution issued by the Corporation shall be kept confidential, and no person or authority shall have right of access or production of such report under any law except the insured institution, the Corporation or the Central Bank of Nigeria, provided that-(a) a superior court of record may order the production of the relevant extracts of the report certified as a true copy by the Secretary to the Board of the Corporation, in proceedings before that court held in chambers or under conditions of secrecy and confidentiality;
(b) the Corporation may at its discretion tender the report in court in proceedings held in chambers or under conditions of confidentiality; or
(c) where the insured institution has failed, or its licence has been revoked, the report of examination can be tendered in open court.