Frauds & Scandals

N3.2bn Fraud: NDIC Deputy Director Testifies in Ex-Gov. Kalu’s Trial

17/4/2018/Sahara Reporters The Economic and Financial Crimes Commission, EFCC, on Tuesday put Deputy Director, Nigeria Deposit Insurance Corporation, NDIC, Mr. Chidi Chukwuka, in the dock to tender documents indicating how former governor Orji Uzor Kalu diverted public funds to his private company, Slok Nigeria Limited, when he was the governor […]

Online Racket By Swiss Golden Swindles Over 7,000 Nigerians of N3Bn

Culled—Proshare April 18, 2018 By Yusha’u A. Ibrahim of Daily Trust The Economic and Financial Crimes Commission (EFCC) has recovered N216, 402,565.05 from Swiss Golden Investment, an online ‘investment’ that purportedly deals in buying and selling of Gold Bars which is said to have instead swindled about 7,000 Nigerians of […]

Edo State Ranks Highest in Drug Seizure in 2017

April 17, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Edo State has ranked highest in drug seizure in 2017, recording 45,338 kilogram (KG) of drug seized, while Zamfara State recorded the least with 87.21kg of drug seized, according to the latest report from the National; Bureau of Statistics (NBS). The NBS reports that drug […]