Frauds & Scandals

2014 budget: Outrage over allocations for zoo, new jet

There was outrage on Sunday over some allocations to the Presidency as well as ministries, departments and agencies  of the Federal Government  in the 2014 budget.  The anger was expressed by the Arewa Consultative Forum, the  Northern Elders Forum and the Civil Society Legislative and Advocacy Centre and the Anti-Corruption […]

Keystone Bank fires senior management workers

About a month after sacking a good number of its workers, Keystone Bank Limited has again fired a significant number of its workforce -majority of the affected employees belonged to the senior management cadre. Keystone Bank, one of the three nationalised banks belonging to the Asset Management Corporation of Nigeria, […]

Banker arrested for withdrawing N50m from customers’ accounts

The Special Fraud Unit, Ikoyi, Lagos State, has arrested an account officer with Guaranty Trust Homes, Adeola Olokojobi, in connection with a N50m fraud at the financial institution. Prior to his arrest, Olokojobi was said to be working at the GT Homes, Saka Tinubu branch, Victoria Island. PUNCH Metro gathered […]