The storm in Ecobank around Kolapo Lawson, the Bank’s chairman is far from over! There are fresh allegations. In view of recent media reports on Ecobank Transnational Incorporated (ETI), the Securities and Exchange Commission (SEC) Tuesday confirmed it was investigating allegations of corporate governance breaches at the pan-African bank. The commission, which disclosed this in a statement, assured investors that ...
Quick Money In Lagos; Students, Others Sell Sperms To Fertility Clinics For 50,000 – 100,000 Per Drop
An avenue for making fast money has emerge in Lagos, and according to those involve there is no pain or hard labour to it… it is also legal. Donating sperm is the business. Students are sponsoring themselves with the proceed. People get married for different reasons. While some seek companionship in marriage, many go into marriage for procreation. For couples ...
Gov. Peter Obi is leaving no stone upturned to protect free funds from Anambra for his bank; Fidelity…… and his deftly move is already jeopardizing the future of the bank. Younewsng learnt, Customers are planning to withdraw funds for fear of the future. This is not the best of times for Reginald Ihejiahi, CEO/MD of Fidelity Bank PLC to manage the ...
Stories are making round that GTB is one of the banks used by ex-Gov of Delta, Ibori for money laundering. United Kingdom based Financial Conduct Authority (FCA) days back claims GTB will pay E500, 000 fine for failing to do anti-money laundering checks on clients from high-risk countries. An insider said the error occurred earlier in the bank set up ...
The bitter boardroom battle over CBN expose on Ecobank Chairman Kolapo Lawson is far from over. Obvious lack of transparency in handling allegation of financial impropriety is making it rear its ugly head with dire consequences for the bank. As a face-saving measure, the Chairman came up with a statement days back that he has resolved the settlement plan with ...
Diamond Bank In Multiple Scandal-Liquidity Squeeze, MDs’ Messy Loans, 400 For Sack, Panic Withrawal Looms.
As N818,000 fraudulently vanished from a customer’s account in a day at Diamond Bank with attendant trouble, the banks’ head office at Adeola Hopewell, Lagos was picketed by Labour…. And more messy details have been uncovered. Indications emerged on recently that Diamond Bank Plc had embarked on an aggressive downsizing of its workforce. Our correspondent gathered from some of the ...
Recent activities of fraudsters on banks’ online platform have assumed an alarming rate, as unsuspecting members of the banking public are being fleeced of their hard-earned funds, thereby threatening the cashless policy introduced last year to encourage electronic payment system. Investigations by the Nigerian Tribune showed that the worst hit banks were those that recently migrated to another platform and ...
A case of one too many, as staff from different branches have been arrested at different times for fraud. Customers in Kaduna are surprised by lack of trust and contemplating withdrawing their deposits. The story is spreading fast. Justice Bello Lawal of the Kaduna State High Court, Zaria, Kaduna state on Wednesday June 19, 2013 sentenced one David Danjuma Gwani ...
AIG Imoukhuede is eyeing CBN top job & planning for Herbert Wigwe to succeed him, fact are emerging on his fraudulent practices. Imoukhuede, swings his might like a tyrant and afflicts his peers and underlings like an enfant terrible tin-god; now everybody is talking about AIG Imoukhuede as the worst thing to ever happen to the financial institution. That the ...