Frauds & Scandals

N49.8B: Senate Report Clears NNPC, Deziani, Says No Funds Missing

… Recommends Quick Passage Of PIB The Senate Committee on Finance which investigated the NNPC over allegations of fraud leveled against it by the suspended Governor of the Central Bank, Mallam Lamido Sanusi, Wednesday submitted its report to the Senate saying no funds were missing. Sanusi had spuriously claimed in […]

Court rejects Diezani’s application to stop probe

A Federal High Court in Abuja on Monday rejected the application by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to restrain the House of Representatives from probing the allegation that she spent N10bn on a chartered aircraft. Counsel for Alison-Madueke and the Nigerian National Petroleum Corporation, Mr. Etigwe Uwa […]

MasterCard moves to prevent card fraud

MasterCard has moved to prevent payment card fraud by organising special training for merchants across the country. A statement by the company quoted the Vice-President and Area Business Head, West Africa, Omokehinde Ojomuyide, as saying that the capacity development session was focused on card acceptance best practices, with emphasis on […]