Frauds & Scandals

Revealed! Letter of Loan Agreement Between GTBank/Innoson—-The Story of N559 Million Excess Charges

December 23, 2017/JSP Communications In-depth investigation into the claim by Chief Innocent Chukwuma, the owner of Innoson Nigeria Limited, that the sum of N559,374,072.09 was withdrawn from his account by GTB is appearing to be a far exagerattion of the truth as documents emerging from the court and  law enforcement […]

Innoson Withdraws Ex Parte Application Against GTB, EFCC

December 23, 2017/JSP Communications Innoson Nigeria Limited and its Chief Executive Officer/Managing Director, Mr. Innocent Chukwuma, on Friday withdrew an ex parteapplication they filed against the Economic and Financial Crimes Commission. The other defendants in the ex parte application filed before the Federal High Court in Lagos are the Federal […]

FG orders BUA to vacate, stop mining on Mining Lease No 2541ML

December 23, 2017/Dangote Group Federal Government has directed the Management of BUA Group to vacate and stop mining activities in the disputed location within Mining Lease No 2541ML. The order, which was exclusively made available to our correspondent, was conveyed in a letter from the Federal Ministry of Mines and […]