Corruption news
A former GTbank manager, Fidelis Egueke, was on Thursday, re-arraigned for the third time, by the Force Criminal Investigation Department Alagbon-Ikoyi, over an alleged fraud of N179, 498 million. Egueke was re-arraigned before a Lagos Federal High Court, in Lagos on 16 counts-amended charges filed against him by the police. The defendant, who last worked…
The House of Representatives has queried the Minister of Women Affairs, Uju Kennedy-Ohaneye, for unrelated expenditures, including N45 million for a New Year party and N20 million for sanitary pads, including N1.5 million for vehicle fuel. Kafilat Ogbara, chairman of the House Committee on Women Affairs, led the minister’s interrogation over the non-payment of N1.5…
In a shocking revelation, Zacch Adelabu Adedeji, the immediate past executive secretary of the National Sugar Development Council (NSDC) and current executive chairman of the Federal Inland Revenue Service (FIRS), has been accused of nepotism and illegal employment practices. Documents obtained by SaharaReporters allege that Adedeji unlawfully employed his wife, Oluwatosin Adedeji, as Chief Accountant…
A Nigerian based in the United Kingdom has accused Alat by Wema of deliberately frustrating her by refusing to allow her access to her N373,000 for more than eight months. The woman, who prefers to be anonymous, told newsmen that she kept writing to the bank, asking them to help her update her National Identification…
Story Highlights Federal High Court Abuja freezes N1.1 billion across multiple bank accounts linked to ex-staff of Globus Bank accused of hacking and stealing N3.5 billion from customers. EFCC alleges that Babatunde Idris Olayiwola, Chinedu Ihuma, and Igwe George Benedict Obinna, former ICT staff of Globus Bank, orchestrated the fraud using insider knowledge and accessed…
A former Information Technology (IT) officer at Globus Bank, Idris Babatunde Olayiwola, has dismissed as “baseless” and “untrue”, fraud allegations levelled against him by the bank. Olayiwola in a statement he personally signed and which was released on his X handle, on Monday, said contrary to allegations by the bank, he did not hack customers’…
Justice Emeka Nwite of the Federal High Court, Abuja, has ordered the closure of two companies linked to James Nolan, a British national, facing trial over his involvement in the Process and Industrial Developments Limited (P&ID) fraud. In two separate judgments, Justice Donatus Okorowo held that the two companies were found guilty of the money…
The House of Representatives has resolved to investigate promotion stagnation in the Federal Civil Service from 2013 to 2023. This followed a motion moved by Rep. Salman Idris, the Deputy Chairman, House Committee on Agric Colleges and Institutions in Abuja. He said that promotion remained the progression of civil servants, as well as a motivational…
A member of the House of Representatives, Cyril Hart, walked out on plenary on Tuesday after accusing the Deputy Speaker of the House, Benjamin Kalu, of ignoring first-timers during debates. Hart, of the Peoples Democratic Party (PDP), represents the Bonny/Degema Federal Constituency of Rivers State in the green chamber. “I have noticed Mr Speaker, with…
Fidelity Bank Plc and its customers suffered N2.1bn loss after the lender saw a surge in fraud and forgery cases in 2023. Fraud and forgery cases rose by 22.2 per cent year-on-year from 2,518 recorded in 2022 to 3,079 in 2023, according to the bank’s financial statement analysed by THE WHISTLER. The Central Bank of…
