Contrary to some media reports Tuesday that the chief executive officers of Zenith Bank, Providus Bank and Jaiz Bank were arrested and detained by the Economic and Financial Crimes Commission, EFCC, in connection with an alleged fraud in the Ministry of Humanitarian Affairs and Poverty Alleviation, it was reliably gathered that they have since departed the anti-graft agency office in Abuja.
A source at the EFCC said that the bank chiefs were only invited to hand over documents relating to accounts operated by the ministry to help in its investigation of the alleged financial sleaze.
It was gathered from the source that the bank executives left after satisfying the demands of the anti-graft agency.
“It is not true. The bank CEOs were neither arrested nor detained. They were only invited to present some financial documents to assist us in our investigation of the ministry,” the source quipped.
The family of the late veteran actor Taiwo Hassan, popularly known as Ogogo, has officially…
CHRISTIAN ABURIME Governor Chukwuma Charles Soludo, CFR has declared that permanent peace is a non-negotiable…
ADEOLA OGUNLADE The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD),…
BY SUNDAY DARE The coordinated media blitz orchestrated around a Washington, D.C. advisory firm is…
CYRIACUS IZUEKWE A 40-year-old man, Paul Asunnomeh, was arraigned before a Lagos Magistrate Court over…
BY EMMANUEL ADO There is an Igbo African proverb that says, “A tree cannot make…