Tag: NITEL Fraud

UBA chairman, Tony Elumelu demands apology, threatens to sue Senator Akinyelure over N41bn NITEL fraud allegations

Aug 3, 2020

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by

Olaotan Falade

in Business News, Nigeria

The Chairman of United Bank of Africa (UBA), Mr. Tony Elumelu has threatened to sue Senator Ayo Akinyelure, Chairman of the Senate Committee on Ethics, Privileges and Public Petitions over a statement alleging the involvement of UBA and indictment of Mr. Elumelu in a N41 (Forty One Billion Naira) fraud relating to NITEL in liquidation.…