Moniepoint Microfinance Bank is currently battling to recover a N1.1 billion allegedly stolen by fraudsters from the bank. The hacker, Sunday Ozimede, was said to have invaded the vault of Moniepoint and defrauded the lender of a sum of N1,190, 728, 076 billion. The hacker who has been arrested by …
Read More »GIL publishes petition to wind up Eroton Exploration over alleged debt
These are not the best of times for Eroton Exploration And Production Company Limited as a firm, GIL Automations Limited, has begin the process for the winding up of the oil firm over an alleged debt. GIL Automations Limited, on Friday, published a petition seeking the winding up of Eroton. …
Read More »‘Investigation ongoing’ — Bosun Tijani speaks on alleged NIMC data breach
Bosun Tijani, minister of communications, innovation, and digital economy, says the federal government is thoroughly investigating the alleged breaches in its national data system. Speaking via his X handle on Wednesday, Tijani said the National Identity Management Commission (NIMC) and National Data Protection Commission (NDPC) are conducting the probe. The …
Read More »Fake military officers arrested by EFCC
The Economic and Financial Crimes Commission, EFCC, on Wednesday, arrested Dennis Baba Wdony, Wycliffe Midala and Samuel Kayode Melaye for allegedly parading themselves as military officers. They allegedly used the office of the Chief of Defence Staff to defraud unsuspecting members of the public through fake contract awards. According to …
Read More »N2bn vote buying: Adebutu sues Malami, others, wants police interim report leak investigated
Oladipupo Adebutu The governorship candidate of the Peoples Democratic Party, during the 2023 general elections in Ogun State, Oladipupo Adebutu, has called on the police authorities to investigate how details of the interim report of an uncompleted investigation were leaked to the press. Adebutu queried how the police interim report …
Read More »Zamfara governor under investigation over ‘N70bn fraud’
The Economic and Financial Crimes Commission (EFCC), has said that it is currently investigating the outgoing Zamfara State governor, Bello Matawalle, for alleged N70billion fraud. This is coming after the governor accused the EFCC chairman, Abdulrasheed Bawa, of corruption and sharp practices on Wednesday. The governor had levelled allegations against …
Read More »N388.8m Fraud: Ex-Lagos Speaker Ikuforiji Accuses EFCC Of Prosecuting Him On ‘Faceless’ Petition
A former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, has described his ongoing N388.8 million fraud case as politically motivated, adding that he was being tried based on an unsigned petition. He said this through his counsel, Dele Adesina, SAN, at the resumed sitting on Thursday before …
Read More »EFCC arraigns businessman, Bernard O. Nzenwa for alleged issuance of false documents.
The Economic and Financial Crimes Commission (EFCC), arraigned a businessman, Bernard Okechukwu Nzenwa, alongside his company, Omega Maritime and Energy Limited, on the 30th of November, 2022 before Justice Rahmon Oshodi of the Special Offences Court, Ikeja, Lagos on a one count charge bordering on issuance of false documents. The …
Read More »Kogi Government vigilantes inflict enormous damage on Dangote cement in Obajana
Destruction of the company’s assets wounded staff from gunshots, and violation of the fundamental human rights of staff and commuters are some of the fallouts from the invasion of the Dangote Cement Plc by Governor Yahyah Bello’s extra-judicial forces popularly referred to as ‘Government Vigilantes or Government Hunters.’ Over …
Read More »Central Bank Governor, Emefiele, Afreximbank President, Oramah, Others Under EFCC, NFIU Investigations Over $300million Paid To Acquire Union Bank
Central Bank Governor, Emefiele, Afreximbank President, Oramah, Others Under EFCC, NFIU Investigations Over $300million Paid To Acquire Union Bank On June 6 2022, Afreximbank announced that it had disbursed the sum of $300 million to help complement the total amount needed by Titan Trust Bank to finalise the acquisition …
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