Tag Archives: Scandal
Inside Wema Bank’s Billion-Naira Betrayal: Staff and Hackers Orchestrate N8.5bn Digital Heist
A billion-naira fraud has detonated a fresh crisis in Nigeria’s banking sector. Three Wema Bank Plc employees—Samuel Ihechukwu Asiegbu, Fabian Chizaram Onyeimachi, and Kingsley Kelechi Ejim—along with four alleged accomplices, have been charged in a jaw-dropping N8.5 billion digital theft
BREAKING: Abia Reps Member Ginger Onwusibe, 2 Others Named In $150m Binance Bribe Scandal
Tigran Gambaryan, the Head of Financial Crime at cryptocurrency firm Binance, has identified the Nigerian lawmakers who allegedly demanded a $150 million bribe from him. Gambaryan was released in October 2024 after the Federal Government dropped money laundering charges against
Amidst Embezzlement Scandal, Puma Terminates Deal With Nigeria
Sports wears manufacturing giant Puma on Wednesday officially terminated sponsorship contract with the Athletics Federation of Nigeria. The German company disclosed this in a statement addressed to the Athletics Federation of Nigeria. “We are referring to the Sponsoring & Licensing
ATM Fraud: First Bank In N13m Scandal
At last judgement has come the way of an aggrieved customer of First Bank Nigeria Plc who had suffered fraudulent activity on his account with the bank running into over N800,000. The customer, named Bode Abolade, resides in Nigeria, but alleged
Lagos Property Magnate, Media Mogul In Messy Sex Scandal In Dubai
The Lagos society is agog with a earth-shaking scandal. It is the most discussed issue amongst the elitist clique and it has generated into a hot debate among these prominent personalities as well. The scandal involves a multi-billionaire property merchant
Tonye Cole’s Sahara Energy in Trouble Over N4.2 Billion Oil Subsidy
One of the foremost indigenous oil marketers Sahara Energy has found itself on the wrong side of a legal suit after being dragged before a federal high court. The complainant in the case, Eterna Oil, is accusing the company of
Senior Citizens Care Foundation Boss, Jide Taiwo in Money Laundering Scandal
…Threatens Loyal Friend With Assasins
It all started as a favour when Senior Citizens Care Foundation boss, Jide Taiwo, met with Adetayo Bilesanmi, CEO Billiants International few years back. Jide shared his dream and goal with Bilesanmi, it seems huge Bilesanmi confesses. This led to
Sterling Bank Manager, Elliot Abiodun In Alleged $110,000 Theft Scandal
A Sterling bank manager, Elliot Abiodun, who allegedly stole $110,000 (N40 million) from Sterling Bank, was on Friday arraigned before an Igbosere Magistrates’ Court in Lagos. Abiodun, is standing trial on a two-count charge bordering on conspiracy and stealing. The
Grass-Cutting Scandal: Senate Panel Indicts Suspended SGF, Recommends Prosecution
The Senate Ad Hoc Committee on Mounting Humanitarian Crisis in the North-East has indicted the suspended Secretary to the Government of the Federation, Mr. Babachir Lawal, for mismanagement. The investigative panel specifically asked relevant agencies to prosecute the suspended SGF
