Tag: Accounts
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Access Bank breaks silence on freezing of #EndSARS campaigners accounts
The management of Access Bank on Friday gave reasons why it froze the accounts of its customers linked to #EndSARS protest. The Bank in a statement in Abuja said it only only obeyed a directive of the regulator, the Central Bank of Nigeria (CBN), based on a valid court order. It however, sympathised with the…
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Court declines request to freeze Edo Govt’s accounts
A Federal High Court in Abuja has declined a request by the Judiciary Staff Union of Nigeria (JUSUN) for an order freezing accounts of the Edo Government over its alleged refusal to the outstanding salaries and entitlements of court workers in the state. JUSUN had also prayed the court to order confiscation of what was…
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Unspent 2019 Budget Money: Federal Civil Servants rush to clear their accounts
…as the year draws to an end … how civil servants enrich their pockets this period By Emman Ovuakporie It has become almost a norm as Federal Civil Servants rush to clear their accounts to beat the 31st December deadline to return all unspent budget monies to the Consolidated Revenue Account, CRA. TNG in…
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Missing N14.8bn: We don’t have audited accounts – Customs
The Nigeria Customs Service (NCS), yesterday, disclosed that it has no audited accounts because there was no approval for the engagement of external auditors from the Bureau of Public Procurement (BPP). The Comptroller General of Customs (CGC), Col. Hameed Ali (rtd), made the disclosure at an investigation with the House of Representatives’ public accounts committee,…
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Alleged N7b fraud: EFCC freezes Galaxy boss’ 16 accounts
The Economic and Financial Crimes Commission (EFCC) has blocked 16 accounts traced to the Chief Executive Officer (CEO) of Galaxy Transportation and Construction Services Limited, Babagana Dalori, who has been accused of defrauding 27,400 Nigerians of about N7 billion. Dalori is being detained by the EFCC for interrogation by the agency’s operatives. The suspect has…
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Court bars FG, EFCC from freezing suspended CJN Onnoghen’s accounts
The Federal High Court in Abuja has restrained the President, Attorney General of the Federation and Nigerian Financial Intelligence from freezing the bank accounts of the suspended Chief Justice of Nigeria, Justice Walter Onnoghen. Justice Ijeoma Ojukwu granted the order while ruling on a motion ex parte instituted by the Legal Defence and Assistance Project…
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Alleged false asset declaration: FG orders freezing of CJN Onnoghen’s bank accounts
The Federal Government has ordered that restrictions be placed on five bank accounts belonging to the embattled Chief Justice of Nigeria, Justice Walter Onnoghen. The restriction order was contained in a letter with reference number HAGF/2019/E06/Vol.01, by the Attorney-General of the Federation, Abubakar Malami (SAN), dated January 14, 2019 and addressed to the Director, Nigerian…
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[Video] Customers of Polaris bank panic over technical shutdown
Several customers of Polaris Bank are in fear as technical challenges mar banking operations in the financial institution. According to information reaching TheNewsGuru,TNG most of the disturbed customers have been unable to make withdrawals from their accounts for over 48 hours. One of the affected persons, who identified himself to TNG as Micheal [Surname withheld],…
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EFCC allegedly traces Akwa Ibom’s N1.4b to 11 accounts
The Economic and Financial Crimes Commission (EFCC) has traced about N1.4billion allegedly belonging to the Akwa Ibom State Government to 11 suspected slush accounts. According to a report by The Nation, the cash was remitted into the accounts in two tranches of N1.1billion and N300million. Some of the accounts belong to eight top lawyers in…