LAGOS AUGUST 22ND (NEWSRANGERS)-The presidential panel probing Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), has recommended his sack, TheCable understands. In its interim report submitted on Wednesday, the panel headed, by Ayo Salami, retired president of the court of appeal, also recommended that Magu should be prosecuted over allegations…
LAGOS AUGUST 14TH (NEWSRANGERS)-The Economic and Financial Crimes Commission (EFFC) on Wednesday re-arraigned an assistant pastor of the Redeemed Christian Church of God (RCCG), City of David Parish, Victoria Island, Lagos, Ayodeji Ibrahim Oluokun for allegedly issuing dud cheques of $1.6 million. Oluokun was arraigned alongside his company Peak Petroleum Industry Nigeria Limited, before Justice…
LAGOS AUGUST 13TH (NEWSRANGERS)-First City Monument Bank, FCMB, has debunked reports that the sum of N573 million was mistakenly transferred into the account of Pastor Emmanuel Omale in error. Pastor Omale is an associate of the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu. The Managing Director of FCMB, Adam…
LAGOS AUGUST 10TH (NEWSRANGERS)-Adam Nuru, Managing Director of First City Monument Bank (FCMB), says the bank made an error of posting N573 million into the church account of Emmanuel Omale. The Presidential Committee on Audit of Recovered Assets (PCARA) had accused Ibrahim Magu, suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), of…
LAGOS AUGUST 1ST (NEWSRANGERS)-President Muhammadu Buhari on Friday in Abuja reacted for the first time on the allegations of corruption leveled against the leaderships of some Federal Government Agencies and Commissions. These commissions include the Economic and Financial Crimes Commission (EFCC) and the Niger Delta Development Commission (NDDC). The president, who spoke after observing his…
LAGOS AUGUST 1ST (NEWSRANGERS)-The Economic and Financial Crimes Commission (EFCC) has been asked to probe the administrations of Asiwaju Bola Ahmed Tinubu and the Minister of Works, Babtunde Raji Fashola (SAN) as governors of Lagos state. Asiwaju Tinubu was governor of the state between 1999 and 2007 while Fashola also governed the state between 2007…