Frauds & Scandals

BREAKING: Nigeria Fires Accountant General – Source

June 12, 2015/The Will Mr. Jonah Otunla has been removed from office as Nigeria’s Accountant General, a source familiar with the development is telling THE WILL. The source said Otunla was removed from office because he allegedly misappropriated N2.5 billion of security agencies’ funds. The source said Mohammed Dikwa, from […]

Union Bank Alert Customers on Fraudulent Internet Banking Site

By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Tuesday alerted its customers via short message service (sms) and email on the activities of fraudsters asking them to click on a link in order to update their Bank Verification Number (BVN) records. “If you receive any such mails DO […]

N8bn scam: Court fixes bail applications ruling for June 15

Justice Ayo Emmanuel of the Federal High Court, Ibadan Division, said he would give a ruling on the various bail applications filed in the court by the counsel for the officials of the Central Bank of Nigeria and other banks involved in the N8bn mutilated currency fraud on June 15. […]