ANCIENT CROOKS

Emeka Emuwa as Managing Director of Union Bank rakes in millions yearly but like the biblical rich man who still chose to take over Naboth's vineyard, he has chosen alongside his bank to take the little that Nasarawa State needs to develop their lands and improve the lives of residents. Sad!

Rated the 14th largest bank in Africa in 2009 with a declared asset base estimated at (US$4.1billion) N1, 381 billion (One Trillion Three Hundred and Eighty One Billion Naira) as at March 31st, 2018, citizens of Nasarawa State may be perplexed to find that Union Bank Nigeria may have used the State’s Internally Generated Revenue (IGR) to ensure the continued existence of the bank.

Information available to SecretReporters showed that in a comprehensive audit carried out by a Lagos State-based Forensic Accounting Consultancy Firm which was engaged by the Nasarawa State Board of Internal Revenue to assist in the improvement of Internally Generated Revenue (IGR) in the State. It was gathered that the Emeka Emuwa led Union Bank defrauded the government of...

Read more at: https://secretsreporter.com/ancient-crooks-how-emeka-emuwa-led-union-bank-swindled-n190-million-tax-of-nasarawa-state-government-for-years/

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