$115m Bribe: EFCC grills Imoke, detains Edo gov aspirant

Former Cross River State Governor Liyel Imoke was on Wednesday quizzed over the N23.29billion election bribe scandal. Others interrogated by the Economic and Financial Crimes Commission (EFCC) are former Minister of Mines and Steel Musa Muhammad Sada; former Minister of State for Agriculture Asabe Asmau Ahmed; former Edo State Deputy Governor Lucky Imasuen and former Secretary to […]

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$115m Bribe: CBN officials storm Fidelity Bank headquarters

Officials of the Central Bank of Nigeria’s Compliance Unit on Tuesday stormed the headquarters of Fidelity Bank Plc in Lagos in connection with the ongoing investigations into the $115m (N23bn) scam involving the Managing Director of the bank, Mr. Nnamdi Okonkwo, and the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. A top executive of […]

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$115m Bribe: Fidelity Bank appoints new Acting MD

Fidelity Bank Plc yesterday appointed an Acting Managing Director, Alhaji Mohammed Lawal Balarabe in place of its troubled Chief Executive Officer, Nnamdi Okonkwo. The bank’s Board of Directors which approved the appointment, said the development followed the absence of the substantive Managing Director/Chief Executive Officer. While announcing Balarabe, who prior to the appointment was the […]

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$115m Bribe: EFCC arrests oil baron

In a continuation of the probe into how the Peoples Democratic Party allegedly bribed some officials of the Independent National Electoral Commission before the 2015 presidential election, the Economic and Financial Crimes Commission has arrested an oil tycoon, Mr. Laitan Adesanya, for his alleged role in the $115m (N23bn) bribe funds. It was learnt on […]

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