Fraud Archives — Page 4 of 4 — City Business News

March 27, 2017 No Responses

Customs comes under scrutiny over alleged N4tri revenue leakage

Citing alleged revenue leakage in the Nigeria Customs Service (NCS) between 2006 and 2016, the Senate Committee on Customs, Excise and Tariff has commenced an intense investigation. Speaking on Sunday in Abuja, the Chairman of the committee, Hope Uzodinma, said...

October 31, 2016 No Responses

CBN to sanction fraudulent bank customers

Worried by reported cases of fraud, the Central Bank of Nigeria (CBN) is to put modalities in place to sanction fraudulent bank customers nationwide. Speaking at the October meeting of Nigeria Electronic Fraud Forum (NeFF) in Lagos, CBN Director,...

September 13, 2016 No Responses

Lagarde to face trial over alleged fraud

The head of the International Monetary Fund, Christine Lagarde, will go to trial December 12 in a long-running fraud case. A French court set the date Monday after rejecting an appeal. Lagarde is accused of intervening in a legal dispute...

August 14, 2016 No Responses

First Bank seeks clarification on alleged N11.2B fraud

First Bank of Nigeria on Saturday denied any involvement in the alleged N11.2 Billion fraud at Nigerian Ports Authority (NPA). An online medium, PREMIUM TIMES had on Saturday reported that the newmanagement of the Nigerian Ports Authority has uncovered....