Tag Archives: Fraud
First Bank of Nigeria Accused of Sacking Over 100 Employees In Connection with a ₦40bn Fraud Scandal
According to X user WizardEyes, the bank also froze the personal accounts of the affected employees. Also read: Police say FirstBank staff stole customers’ N650m The user further claimed that several of these employees were detained for at least six
First Bank Directors Accuse EFCC Of Cover-Up In Petition Against Ex- MD, Adeduntan
Some directors of First Bank have accused the Economic and Financial Crimes Commission (EFCC) of failure to act on the petition they wrote against the immediate past Managing Director of the bank, Adesola Adeduntan. Adeduntan, whose tenure was to officially
N37.1bn Fraud: I’m Sick, Give Me More Time To Honour Your Invitation — Former Minister To EFCC
Suspended former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouq, has officially written to the Economic and Financial Crimes Commission seeking an extension of the deadline to meet with EFCC interrogators over an ongoing probe into an
N37.1bn Fraud: NSIPA Co-ordinator Arrested, Ex-minister Faces EFCC Today
The Economic and Financial Crimes Commission has arrested and detained the National Co-ordinator and Chief Executive Officer of the National Social Investment Programme Agency, Halima Shehu, over the ongoing probe into the N37,170,855,753.44 allegedly laundered in the Ministry of Humanitarian
{BREAKING} Procurement Fraud: Emefiele Regains Freedom
A former Governor of the Central Bank of Nigeria, Godwin Emefiele has been released from the Kuje Correctional Centre after meeting up with his bail condition.. Our correspondent learnt that Emefiele was released on Friday, December 22 2023. The spokesperson
Just In: Babalola Ashorobi Wanted For Fraudulent Activities And Financial Non-compliance
“In recent times, cases of fraud and breach of trust have become increasingly prevalent across various industries, tarnishing the reputation of individuals and organizations alike. One such case that demands public attention is that of Mr. Babalola Ashorobi, who allegedly
N6.9bn Procurement Fraud: Federal Government Arraigns Emefiele, Allies Thursday
•CBN procurement director, six others to testify against ex-apex bank gov •Suspended CBN governor allegedly bought 100 vehicles through employees The Federal Government will on Thursday arraign the suspended Central Bank of Nigeria Governor, Godwin Emefiele and his associates for
BREAKING: SELF-STYLED SERIAL ENTREPRENEUR, AKINTOYE AKINDELE, ARRESTED FOR ALLEGED FRAUD
Flamboyant serial entrepreneur and Chairman of Platform Capital, Dr. Akintoye Akindele, has been arrested by the men of the Nigeria Police Force for alleged fraudulent diversion of payment for crude oil supplied to Duport Midstream Company Limited. PMEXPRESS learnt Akindele,
Heritage Bank Enmeshed in Boardroom Crisis
A seeming boardroom crisis that may rock troubled Heritage Bank to its foundation is currently brewing in the bank, THE WITNESS exclusively reports. Competent sources within the bank told THE WITNESS that the imbroglio involves the current managing director and chief
Fraudsters Hack Globus Bank’s System, Steal Depositor’s N1.7 Billion
The bank said 709 people who were its customers were involved in the fraudulent transfer of the funds to accounts domiciled in eight commercial banks. It added that immediately it discovered the glitch, it instantaneously notified all the banks involved
