Spokesman Of Petroleum Equalization Fund Accused Of Having N2bn In Account, Owns Hotels, Estates

LAGOS JULY 3RD (NEWSRANGERS)-The Special Presidential Investigation Panel for Recovery of Public Property has embarked on the investigation of the Management of Petroleum Equalization Fund. This decision of the SPIP was sequel to the arrest of the Director of Corporate Services, PEF, Goddy Nnadi, over allegations of corrupt enrichment. Investigation carried out by the panel…

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Presidential Panel Recovers $7m Fraudulently Stashed in Heritage Bank

LAGOS JUNE 13TH (NEWSRANGERS)-The Special Presidential Investigation Panel (SPIP) for the Recovery of Public Property says it has recovered seven dollars million (N2.1 billion at official rate) illegally stashed in Heritage Bank. Chairman of the panel, Mr Okoi Obono-Obla, disclosed this while briefing President Muhammadu Buhari on activities of the panel. Obono-Obla told the president…

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