Tag Archives: Fraud
Fidelity Bank staff, Accomplice Jailed 6 Years for Stealing Bank’s N2m
A staff of Fidelity Bank in Abeokuta, Bankole Idris, and a 30-year-old, Ganiyu Sulaimon, were on Tuesday sentenced to six year imprisonment each for stealing N2 million belonging to the bank. The convicts, whose addresses were not provided, were arraigned
Diamond Bank Staff Arraigned over Alleged US$93,000 Fraud
A Diamond Bank staff, Obinna Ezenwaka, who allegedly defrauded a businessman to the tune of 93, 000 US dollars, was on Monday arraigned before an Igbosere Magistrates’ Court in Lagos. Ezenwaka, whose address was not given, is standing trial on
Accused of N2.4b Forgery, Innoson Motors wants Judge to Hands off Case
Justice Saliu Saidu of the Federal High Court in Lagos on Friday fixed January 26, 2017, to hear an application to `recuse’ himself from a N2.4 billion suit against Innosson Nig. Ltd. Innosson Nig. Ltd, Innocent Chukwuma , Charles Chukwuma
EFCC Arrests FUNAAB VC Over Alleged Fraud
The Economic and Financial Crimes Commission (EFCC) has arrested the Vice Chancellor, Federal University of Agriculture, Abeokuta (FUNAAB), Professor Olusola Oyewole. A source at the commission told the News Agency of Nigeria (NAN) on Wednesday in Abuja that Oyewole was
How I stole N5.675m from Diamond Bank – Cleaner
A cleaner, Peter Oko, has narrated how he stole N5.675 million from the New Nyanya branch of Diamond Bank, where he worked. The 29 year-old stated that he took the keys to the vault, stole the money and hid it
Shocking! How Chinese Owned Huawei Company Maltreat Nigeria Staff
…how they treat the Nigerian laws with contempt and commit fraudulent acts. Huawei Technologies Company Nigeria Limited, the local arm of the Chinese-owned Information Communication Technology firm with a presence in 170 countries, has been cheating Nigeria and Nigerians since
5 things Governor Ayo Fayose Has Said About Obanikoro’s Confession
Ekiti State Governor, Ayo Fayose has responded to claims that he received $5,377,000 from former minister of state for defence, Musiliu Obanikoro. Obanikoro revealed that he gave the cash to Fayose for the June 2014 elections in Ekiti. Below are
Grand theft: Union Bank Staff Gets N500,000 Bail for theft In Akure
An Akure Magistrates’ Court on Thursday slammed a bail of N500, 000 each on two Union Bank staff, Tunde Daramola and Samuel Babatunde, for alleged assault and theft of N420,000. Daramola, 30, a driver, Babatunde. 38, a cash officer, and
N2.6bn Fraud: How Ex-NIMASA Boss, Acquired A Bulletproof Car
An operative of the Economic and Financial Crimes Commission (EFCC), Orji Chukwuma, friday tendered documents before a Federal High Court in Lagos showing how a former Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA) Patrick Akpobolokemi acquired a bulletproof car
Katsina Sure-P fraud: Former Aide ‘ready with evidence’ to Nail ex-Gov. Shema
Nasir Ingawa, a former special adviser to former Gov. Ibrahim Shema of Katsina State, on Saturday said he stood by his claim that Mr. Shema diverted billions of naira of SURE-P funds for political campaign. Mr. Ingawa said he had
