₦airaland Forum

Besides, the Economic and Financial Crimes Commission (EFCC) has invited the wife of the suspended DG for questioning. But some members of the kitchen cabinet are opposed to the grilling of Mrs. Folashade Oke by EFCC since the President has raised a three-man committee to investigate the DG.

Kayodemichael:
That automobile commission is a big scam.....

Homeboiy:
Everything for this country na fraud

seunmsg:
Foreign exchange fraud by banks is not a new revelation in Nigeria. It started a long time ago and not 2006 as the Senate is insinuating. The foreign exchange fraud is a racket that involves CBN as the team leader and all our DMBs, multinationals and bureau de change. The Senators will only collect bribe and move on. They can't break that powerful racket.

sarrki:
Which senate?

The corrupt senate ?

Senate has unravelled N30 trillion foreign exchange frauds by all commercial banks in Nigeria. The alleged fraud was perpetrated by the commercial banks that collected '

foreign exchange on behalf of importers. The fraud, which the legislative body revealed, covered between 2006 and March 2017, involved both ‘living and dead’ commercial

banks. “We have been able to also go into the database of the operating system in the Nigeria Customs Service (NCS). And we identified Form M by Form M, import by

import, vessel by vessel, liabilities of importers and commercial banks that are yet to be handled. We are talking about monies in regions of over N30 trillion. “There is no

bank that is exempted. All the banks are involved. Both the banks that are dead and the ones living. The ones that are no more operating were acquired by some banks. So,

the activities of those banks that are no longer in operation we have been able to tie them to those that acquired them as part of the liabilities,” chairman, Senate

Committee on Customs and Excise, Hope Uzodinma

lammsohiman:
Dis one na Andrew Yakubu's boss, USA sef no get dis kind cash stuck in one place

kayalcomp:
This is serous! Abeg let them keep blowing the whistles, so that we can get our stolen money.

odduduwa:
ritualist .... after killing your last daughter you went to London to buy airport abi useless fool

Lilyqueeny:
it seems you are a sex addict.

Your baby is just two months

onemanonewife:
But y must tribalism continue to hunt us in this part of the world. No ONE sees anything good in good things because the owner isn't from his tribe. The FAN yogurt we use to chill everyday in hot whether is owned by igbo man Francis Author Nzeribe (FAN) yet he sited it in the northern region they didn't castigate him for that. Igbos invest more outside igbo lands so let's not dislike others who invest in igbo lands.

kunlexy1759:
Can this happen in Nigeria?

daben1:
In Nigeria, politicians are above the law!

She will now remain in jail while prosecutors seek a formal indictment, which they said should come within the next three weeks.

“I feel apologetic toward the nation’s citizens,” Park said last week.

“I’ll cooperate in the questioning sincerely.”

spartan117:
I wish Nigeria could emulate this

Former South Korean President, Park Geun-hye, was arrested and jailed on Friday morning in connection to the corruption investigation that led to her ouster earlier this month, authorities said.

Park was taken into custody at her home and taken to a detention centre.

The event was covered live on South Korean television.

Officials said the disgraced former leader accepted bribes and abused her power during her administration.

Park’s arrest followed a lengthy court hearing in Seoul on Thursday, after which the judge decided there was enough evidence to warrant the arrest.

“Major allegations were explained and proved and there were concerns over evidence destruction,” Seoul’s Central District Court explained.

Park was impeached and removed from office on March 10.

She will now remain in jail while prosecutors seek a formal indictment, which they said should come within the next three weeks.

“I feel apologetic toward the nation’s citizens,” Park said last week.

“I’ll cooperate in the questioning sincerely.”

South Korea will elect a new president in May, and experts say it’s likely that Park’s conservative ruling party will be defeated in the vote after nearly a decade in power.

TINALETC3:
Y does it always hv 2 b d man While d woman lives