Randy lecturers sacked.

Five senior lecturers and seven other workers at the Auchi Polytechnic have been sacked for offences bordering on sexual harassment and extortion of female students in the school.

Fifteen other lecturers and one instructor were also demoted in relation to the same offences.

Fidelity Bank MD arrested by EFCC

                                                            Mr. Nnamdi Okonkwo

The Economic and Financial Crimes Commission has arrested the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials for allegedly receiving $115m from a former Minister of Petroleum Resources, Diezani Alison-Madueke.

The EFCC also arrested the bank’s Head of Operations, Mr. Martins Izuogbe, for his role in the alleged scam, which the anti-graft agency described as unprecedented.

Breaking News: Alleged N3.9bn fraud: Court remands Badeh in Prison

 A Federal High Court sitting in Abuja has remanded the former Chief of Defence Staff, Air Chief Marshal Alex Badeh‎, who was accused of diverting over N3.9billion from accounts of the Nigerian Air Force,‎ in prison custody. Trial Justice O‎kon Abang remanded the ex-CDS at Kuje prison, Abuja, after he pleaded not guilty to an 11-count criminal charge‎ the Economic and

EFCC recovers $1m cash from Badeh's House

The Economic and Financial Crimes Commission has recovered $1m cash from one of the houses belonging to the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh(retd.), 

The money was recovered after detectives searched a mansion located at 6, Ogun River Street, Maitama, Abuja.

Olisa Metuh arrested by EFCC

The ongoing investigation by the Economic and Financial Crimes Commission has landed the spokesman of the Peoples Democratic Party, PDP, Chief Olisa Metuh, in the Commission’s cell in Abuja.

EFCC grills former governor Godswill Akpabio

Operatives of the Economic and Financial Crimes Commission, yesterday, grilled former Governor Godswill Akpabio for over seven hours, and confronted him with evidence of alleged financial impropriety while he held sway in Akwa Ibom State.
The interrogation of Akpabio by the agency, it was learnt, made it possible for him to come face-to- face with what was described as major financial transactions,

N8BN Fraud: CBN staff own posh cars, petrol stations

 

The court trial of some Ibadan based bankers indicted over the theft of N8 billion worth of mutilated banknotes was yesterday told of the stupendous wealth of the suspects.

The suspects, including a self-acclaimed illiterate bank staff were alleged to have acquired petrol stations, shopping malls in Nigeria and abroad, exotic cars, supermarkets, among others.