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Tag: fraud

Malabu Fraud: Nigeria’s Ex-Petroleum Minister, Dan Etete’s Ally Admits Receiving $400million As Consultancy Fee

Alhaji Aliyu Abubakar
A Nigerian businessman and principal suspect in the Malabu OPL 245 scandal, Abubakar Aliyu, has said he received $400million as a “consultancy fee.” OPL 245, estimated to hold 482 millionRead More

World Bank Blacklists 18 Nigerian Firms, Individuals For Corruption – Report

World Bank
The World Bank has blacklisted 18 Nigerian individuals and firms for engaging in corrupt practices, fraud and collusive practices in its 2021 fiscal year 2021, a new report has revealed.Read More

Court Restrains FG from Retrying Orji Kalu Over Alleged N7.1bn Fraud

Law court
Justice Inyang Ekwo of the Federal High Court, Abuja on Wednesday restrained the Economic and Financial Crimes Commission (EFCC) from retrying a former governor of Abia State, Orji Uzor Kalu,Read More

Abba Kyari: DIG Egbunike Panel Submits Report To IG

Abba Kyari: DIG Egbunike Panel Submits Report To IG
The Deputy Inspector-General of Police (DIG) Joseph Egbunike-led panel set up by the police high command to investigate the allegations levelled against suspended Deputy Commissioner of Police (DCP) Abba Kyari,Read More

Nigerian Man, Others Jailed In US For Duping People Of $8 Million In Romance Scam

Fraud
Benard Okorhi, 42, a Nigerian national, has been sentenced to serve 75 months in federal prison for his role in an international fraud conspiracy that used compromised email accounts toRead More

South African Court Submissions Expose Lies, Deceptive Tactics Used To Perpetuate MTI Bitcoin Ponzi Scheme

MTI Bitcoin Ponzi Scheme
New submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies and deceptive tactics that were used by Mirror TradingRead More

Oyo Anti-corruption Agency To Commence Investigation Into Petitions

Oyo State
The Oyo State Anti-Corruption Agency (OYSACA) yesterday said investigation has commenced into petitions sent to it by members of the public on corruption. In a statement signed by the ChairmanRead More

President: Fugitive Wanted By ICPC Over $65m Fraud Not My In-Law

Gimba Yau Kumo
President Muhammadu Buhari has stated that the fugitive, Gimba Yau Kumo, declared wanted by the Independent Corrupt Practices Commission (ICPC) over an alleged $65 million fraud is no longer hisRead More

PDP Demands Amaechi’s Sack Over Lootings In NPA, NDDC

Minister of Transportation, Rotimi Amaechi
The Peoples Democratic Party (PDP) yesterday demanded the immediate sack, investigation and prosecution of the Minister of Transportation, Rotimi Amaechi, as well as the suspended Managing Director of the NigerianRead More