The Economic and Financial Crime Commission (EFCC) has arraigned Abdulkarim Abdulsalam, governorship candidate of the Green Party of Nigeria (GPN) in Kano state. Abdulsalam was arraigned alongside one Ebere Nzechukwu, at a federal high court sitting in the state over alleged N100 million fraud. Lewis Allagoa, the presiding judge, had ordered the anti-graft commission to […]
An employee of Access Bank, Arthur Ezindu, has narrated how a former Account General Manager (AGM), Olayinka Sanni, allegedly stole the sum of N1.2 billion from several accounts belonging to customers of the bank. Sanni was arraigned alongside one Oyebode Oteyebi by the Economic and Financial Crimes Commission (EFCC) on an eight-count charge bothering on […]
One of the nation’s leading financial institutions Diamond Bank Plc may have to shell out the princely sum of N2.6 billion if it loses the suit brought against it by a limited liability company Gitto Costruzioni Generali Nigeria Limited. The company which specializes in construction is suing the bank for allegedly mismanaging its accounts domiciled […]
A former Acting Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Calistus Obi, on Monday admitted that part of the N331million belonging to the agency which he was alleged to have diverted was used to build an hotel. He made the revelation during his cross-examination at his on-going trial over the before […]
By Gistmaster: Nigerians are calling for the sack of Minister of state, Dr. Emmanuel Ibe Kachikwu and the MD of NNPC, Maikanti Baru. President Buhari would need more effort to convince Nigerians that his government is not about to start another Diezani looting culture in the Nigerian oil sector following allegations of looting and witch […]
How Dieziani Alison-Madueke ran absconded from Nigeria has been revealed by the Economic and Financial Commission (EFCC).A detective with the commission, Mr. Rufai Zaki, who deposed to the EFCC’s counter-affidavit, added that it was not yet possible to bring the former minister back to Nigeria as she was being investigated by the UK’s Metropolitan Police […]
Zumax Nigeria has dragged FCMB to court over improper management of it account and the diversion of N1 Billion,resulting in what it called monumental fraud. There have been amazing revelations in the Lagos State High Court, where FCMB is currently defending allegations that it is responsible for the massive defrauding of a corporate customer. (The […]
The clash between Kanu Nwankwo and his business partner,Ayo Gam-Ikon seems to be more than what friends can handle. Kanu and his brother has finally dragged the former banker to court over alleged fraud running to N1.4 billion (Naira) Here is the news Ex-Nigeria star Nwankwo Kanu has lost N1.4bn (about $104m) and a top […]