28/10/2016/Punch Ife Ogunfuwa Resort Savings and Loans Plc is set to appoint an external auditor to carry out a forensic audit to determine details of fraud allegedly perpetrated by the previous management of the company The Chairman, RSL, Senator Sunday Fajinmi, who was appointed during the company’s board meeting on […]
Frauds & Scandals
e-Fraud: CBN moves to tackle N4bn annual losses
25/10/2016/Punch Ozioma Ubabukoh The Central Bank of Nigeria and other key stakeholders in the payment sector have started tackling cases of electronic fraud (efraud) in the country, with the hope of finding a lasting solution. The Chief Executive Officer, Electronic Payment Providers Association of Nigeria, Mrs. Regha Onajite, made this […]
CBN Bars Banks From Paying MTN Dividends Following ‘Illegal Repatriation’ Of Funds
October 24, 2016/The Will Banking services providers to one of the telecoms service providers in the country, MTN Nigeria have been barred by the Central Bank of Nigeria, CBN, from remitting dividend payment from the Nigerian subsidiary to MTN Group, until further notice. Senator Dino Melaye had revealed that MTN […]
