BUSINESS
-
Court Jails Businessman James Onyejekwe 7 Years, Orders N8m Refund
Justice Mojisola Dada of the Lagos State Special Offences Court has convicted and sentenced a businessman, James Onyejekwe, and his…
Read More » N3.09bn Fraud Exposes Banking Lapses: Court Orders Partial Recovery as FCMB Recovers Losses
A major fraud case involving over N3.09 billion siphoned from customer accounts has exposed critical system lapses at First City…
Read More »-
Court Orders Final Forfeiture of N81.1m Stolen Through System Glitch, Restores Funds to Sterling Bank
The Federal High Court in Lagos has ordered the final forfeiture of N81.1 million fraudulently withdrawn from Sterling Bank Plc…
Read More » -
EFCC Drags Auto Dealer, Others to Court Over ₦247.5m, $160,300 Cash-for-Dollars Scam in Lagos
The Economic and Financial Crimes Commission (EFCC), has intensified its crackdown on currency-related fraud, arraigning four defendants over an alleged…
Read More » -
Court Convicts Rahvet International for ₦21m Fraud, Imposes ₦100,000 Fine
Justice Ismail Ijelu of the Lagos State Special Offences Court, Ikeja, convicted Rahvet International Limited for fraudulently converting the sum…
Read More » -
N4.29bn Fraud Trial Stalls as UBA, Akinyemi, Eziashi, Others Absent; EFCC Alleges Forex Racketeering
Proceedings in the alleged ₦4.29 billion fraud, forex racketeering, and money laundering case involving United Bank for Africa Plc (UBA)…
Read More » -
N458m Fraud Trial: EFCC Exposes Unity Bank System Breach, Security Lapses in Customer Funds Protection
Alleged lapses in internal security and fund protection mechanisms at Unity Bank came to light on Tuesday as the Economic…
Read More » -
Forgery: Lagos Court Rejects Stanley Offor’s Bid to Recall Witnesses
A Lagos High Court in Ikeja has dismissed a fresh application by the defence team of Stanley Offor seeking to…
Read More » -
Emefiele: EFCC’s Interrogation Methods Come Under Scrutiny as Court Probes Voluntariness of Omoile’s Statements
The integrity of the Economic and Financial Crimes Commission’s interrogation procedures took centre stage on Monday as the Special Offences…
Read More » -
Fraud Crackdown: Microfinance Bank Boss Jailed for Looting N32m in Customers’ Funds
The Managing Director of Bonghe Microfinance Bank, Grace Andreas Karka, has been sent to prison after an Adamawa State High…
Read More »
