Tag: CBN, forex, forex fraud, fraud, overpricing
CBN’s ‘coup’ against overpricing, forex fraud
In a deft move last week, the Central Bank of Nigeria (CBN) ambushed the perpetrators of forex fraud in Nigeria and their cohorts abroad, by directing banks and...
Amaechi says OMSL secure anchorage contract ‘laced with fraud’
Minister of Transportation, Rotimi Amaechi, has said that the Secure Anchorage Area (SAA) contract being operated by Ocean Marine Security Limited (OMSL) with the...
Court dismisses N34bn fraud charge against Tompolo’s firm, ex-NIMASA DG Akpobolokemi
The Federal High Court in Lagos has dismissed a N34 billion fraud charge filed by the Federal Government against Global West Vessel Specialist Ltd, a company...
N1.5bn fraud: Court jails ex-NIMASA ED Agaba 7 years
The Federal High Court in Lagos has convicted a former Executive Director of the Nigerian Maritime Administration and Safety Agency, Captain Ezekiel Agaba, of...
Court refuses to stop trial of ex-NNPC GMD for $9.8m fraud
A Federal High Court in Abuja has declined to halt further proceedings in the trial of former General Managing Director (GMD) of the Nigerian National Petroleum...
Maritime university denies fraud allegations against VC
The management of Nigeria Maritime University (NMU) Okerenkoko, Delta State, has denied allegations of fraud levelled against its former Vice Chancellor, Maureen...
ICPC withdraws N1.1bn fraud case against ex-Customs boss
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has withdrawn the N1.1 billion fraud case brought against former Comptroller...
Generator dealer in Apapa docked for N.95m fraud
A 36-year-old generator dealer, Emmanuel Chuks, was on Tuesday arraigned before an Apapa Magistrate’s Court for allegedly defrauding one Awhin Eguono Pleasure...
N1.1bn fraud: Court berates ICPC over shoddy trial of ex-Customs boss Dikko
A Federal High Court in Abuja, on Monday, frowned at the manner the Independent Corrupt Practices and Other Related Offences Commission (ICPC) was prosecuting the...
Police arraign female clearing agent over false pretence, fraud
The police on Thursday arraigned one female clearing agent, Alao Temitope (22), before an Apapa Magistrate’s Court for allegedly collecting money under false...
Dealers drag man to court over N867,500 fraud
Some dealers in car spare parts on Friday dragged a 40-year-old man, Akah Lawrence, before an Apapa Magistrate’s Court for allegedly obtaining the sum of...
It’s intellectual fraud – NAGAFF kicks against reintroduction of CTN
Clearing agents have described as “intellectual fraud” fresh moves by the Nigerian Shippers’ Council (NSC) to reintroduce the controversial Cargo Tracking...
