Frauds & Scandals

Bank of England suspends staffer amid investigation into alleged currency manipulation

The Bank of England suspended a member of staff as it conducts a probe into allegations that officials condoned practices behind the currency-manipulation scandal. While the BOE said it has found no evidence to date of collusion, it requires staff “to follow rigorous internal control processes and has today suspended […]

Jonathan sacks Aviation Agency Chiefs

Press Release RE-ORGANIZATION IN THE MINISTRY OF AVIATION His Excellency, Dr. Goodluck Ebele Jonathan, GCFR, President of the Federal Republic of Nigeria has approved the following re-organization in the Ministry of Aviation: (i) Engr. Saleh Dumona (Director Projects, FAAN) to replace Mr. George Uriesi as Managing-Director of the Federal Airports […]

Auditor-General: Constitution Bars Us from Auditing NNPC

Contrary to the testimony made last week by the Auditor-General for the Federation (AuGF), Mr. Samuel Ukura, before the House of Representatives’ Committee on Public Accounts that it had commenced the audit of the Nigerian National Petroleum Corporation (NNPC), his office has in another breadth disclosed that it is not […]