Alleged N70bn Fraud: EFCC Vows To Reopen Corruption Against Tinubu’s Minister

LAGOS JANUARY 13TH (NEWSRANGERS)-The Economic and Financial Crimes Commission (INEC) has vowed to revisit the case of alleged N70billion fraud against the Minister of State for Defence, Bello Matawalle, while he was the governor of Zamfara State from 2019 to 2023. The EFCC’s acting Director of Public Affairs, Wilson Uwajuren, stated this while addressing protesters…

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EFCC Questions Zenith, Providus, Jaz Banks CEOs Over Alleged N44.5bn Fraud In Humanitarian Ministry

LAGOS JANUARY 10TH (NEWSRANGERS)-The Economic and Financial Crimes Commission is currently interrogating Chief Executive Officers and Managing Directors of Zenith Bank, Providus Bank, and Jaiz Bank in connection with the over N44 billion fraud allegedly uncovered in the Ministry of Humanitarian Affairs and Poverty Alleviation. Our correspondent gathered that the senior back executives are currently…

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EFCC Visit To Lagos Office ‘Designed To Cause Us  Unwarranted Embarrassment’- Dangote

LAGOS JANUARY 9TH (NEWSRANGERS)-Dangote Group, controlled by billionaire Aliko Dangote, slammed a visit to its Lagos offices last week by Nigeria’s anti-graft commission and said the move was aimed at causing embarrassment.  “No accusations of wrong doing” have been made against the company, it said in a statement released over the weekend after the Jan….

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Tinubu Suspends Humanitarian Minister, Orders EFCC To Investigate Corruption Allegation

LAGOS JANUARY 9TH (NEWSRANGERS)-Nigeria’s president has suspended the minister of humanitarian affairs with immediate effect and asked the corruption watchdog to investigate financial transactions involving her ministry, the president’s spokesperson said on Monday. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, is the first minister to be suspended, less than six months after…

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Raid On Dangote’ll Hurt Nigerian Economy, Scare Investors-Lawmaker

LAGOS JANUARY 7TH (NEWSRANGERS)-A raid by Nigerian anti-graft officials on the offices of Dangote Industries Ltd, controlled by billionaire Aliko Dangote, will harm the economy and deter investors, according to the chairman of an influential panel in the country’s parliament.  “The raid on Dangote Group is not only very suspicious, but most importantly capable of…

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EFCC Besieges Dangote Group Hqtrs Over Alleged  Illegal $3.4bn Forex Allocation

LAGOS JANUARY 5TH (NEWSRANGERS)-Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday conducted a search operation at the head office of the Dangote Group in Lagos as it widens investigations into the foreign exchange transactions during the tenure of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.  Our correspondent gathered…

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