Frauds & Scandals

Osinbajo Says NNPC Ag Presidential Approvals were for Financing Arrangements not Contracts

October 12, 2017/Press Release Approached by reporters after the ground-breaking multi-billion Naira historic Bonny-Bodo road project, in Bonny, Rivers State, Vice President Yemi Osinbajo, SAN, explained specifically that the approvals he granted to the NNPC while he was Acting President were for financing arrangements for the Joint Ventures between the […]

CBN faults report on Deputy Governor

5/10/2017/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to a newspaper report alleging that one of its Deputy Governors was arrested and made to forfeit some amount of money to the Economic and Financial Crimes Commission (EFCC). We wish to state categorically that there is […]

Capital Market scam: SEC Police Unit Arraigns BGL Officials

October 4, 2017/SEC The zero tolerance stance on infractions of the Securities and Exchange Commission (SEC), received a major boost Thursday when the BGL Group and its officials  were arraigned at the Chief Magistrate Court Zone 6, Abuja on charges of  criminal conspiracy, Breach of Trust and cheating contrary to Sections 96, […]