Tag Archives: fraud

Air Peace Boss Denies Alleged US $20M Fraud & Money Laundering Charges, Vows To Prove His Innocence….

Until Friday 22nd November 2019, he was the darling of the Nigerian people, especially for his philanthropic effort of bringing back stranded Nigerians in South Africa for free, through his airline Air Peace. But last Friday, the United States Department of Justice, announced that Allen Onyema, Chief Executive Officer of Air Peace, had been indicted for money laundering. They claimed

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Lagos State Bank Accounts Freeze By Court Order Over N9.9BN Fraud

The Federal High Court in Lagos has granted the application by the Economic and Financial Crimes Commission (EFCC) to freeze three bank accounts, which have been linked to the Lagos State Government. Justice Chuka Obiozor made the order on Tuesday, following an ex parte application by the EFCC over alleged N9.9BN fraud. The EFCC, which was conducting an investigation on

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More Details Emerge From EFCC Against Belgore In The N450M Fraud Saga

The Economic and Financial Crimes Commission revealed to Justice Rilwan Aikwa, of the Federal High Court Ikoyi, Lagos, how Muhammed Belgore, a governorship candidate of the People’s Democratic Party in the 2011 Kwara State gubernatorial election, gave N126.5M cash to members of the Kwara Senatorial districts, out of the N450M allegedly paid by a former Minister of Petroleum Resources, Diezani

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Breaking News: CCT Finds CJN Onoghen Guilty

The celebrated legal battle involving the former Attorney General of Nigeria, Justice Walter Onoghen has come to an end. As the CCT, the body which insisted that Onoghen was guilty of fraudulently hiding some of his assets, during his swearing in ceremony, has found him guilty as charged. The CCT after delivering judgement has asked the FG to sack him.

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Ayo Animashaun’s Company Drags Heritage Bank To Court For Fraud

dEmbattled Heritage Bank and Ayo Animuashaun may spend another battle in courts, this is according to leaked court papers, which showed that Ayo’s company, Smooth Promotions is suing Heritage Bank for almost One Billion Naira. The case which was filed by Kemi Pinheiro LP (SAN), at a Lagos Federal High Court, alleged that Heritage Bank fraudulently deducted insurance premiums from

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