August 28, 2017/Heritage Bank Ltd Our attention has been drawn to Sunday Punch Newspaper and other online news (Sunday 27th August) report of an alleged N13billion fraud involving the Managing Director and other staff members of the bank of funds belonging to the Oyo State government. The Management will want […]
Frauds & Scandals
Integrity in Development Projects: AfDB Debars Chongqing International Construction Corporation for Fraud
August 22, 2017/AfDB The African Development Bank Group (AfDB) on August 22nd, 2017, announced the debarment of Chongqing International Construction Corporation (CICO) for a minimum period of twelve months. An investigation conducted by the AfDB’s Office of Integrity and Anti-Corruption established that CICO engaged in a fraudulent practice in bidding […]
NBS Says Prevalence of Bribery in the Bublic Sector is 32.3%.
16/8/2017/NBS Click here to download full PDF Report National Corruption Survey Prevalence of bribery in the public sector 32.3%. Average number of bribes paid to public officials by bribe-payers 5.8 Total number of bribes paid to public officials in Nigeria in 12 months 82 million Per capita number of bribes […]
