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EFCC placed a temporary restriction on one Osun State government account after observing suspicious activities in the past week. This does not mean all Osun State accounts are frozen only the targeted one. EFCC has the power to issue such temporary restrictions. Wilson Uwujaren, Director of Public Affairs, EFCC

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EFCC AND THE ABANDONED $7M. WILL PROVIDUS BANK GO SCOTT FREE: EFCC MUST COME CLEAN. 1. The sum of $7 million in cash was deposited at the headquarters of Providus Bank in Victoria island Lagos on March 26 and 27 this 2025. 2. The money was deposited in cash not by a proxy robot or the snake that swallowed WAEC money in Benue but by a human person. There are CCTV cameras in and out of the bank premises. 3. Rather than pay the money into the customer's Domiciliary account , the whole money was deposited into the vaults of Providus Bank, which is completely against all CBN guidelines regarding such transactions. 4. An insider informant drew the attention of EFCC to the suspicious and fraudulent transaction. 5. Fully aware of the consequences of such action, PROVIDUS bank deliberately refused to do the needful: inform NFIU, EFCC and Police anti fraud unit. This is a further confirmation that the highest management of PROVIDUS bank is aware of the shady deal. 6. Eventually EFCC went to the PROVIDUS bank HQ unannounced, retrieved the money and arrested a key staff member who collected the illegal deposit and who opened up and confirmed that the money belongs to Aisha Achimugu', an Abuja socialite. 7. On invitation by EFCC, Aisha Achimugu' denied Knowledge of the money and even the depositor. She added that what she knows as a fact is that she collected a loan of $7m.from Providus bank which she was yet to pay back 8. With Aisha's barefaced denial EFCC applied for permanent forfeiture of $7M and the court granted it after a public notice for anybody with claim on the said money to come forward and prove ownership. Nobody came Forward 9. It is understandable if Aisha Achimugu cannot be charged to court for money laundering for lack of direct incontrovertible evidence. 10. But being in custody of $7M in cash which violates all CBN, EFCC and NFIU and ICPC acts, EFCC has no reason not to prosecute key compliance officers of the bank. 11. Shying away and refusing to do that means EFCC is giving the larger public the impression that it gives cover for institutions and individuals to commit fraud for A CUT OF THE SWEET CAKE AND BOOTY. Well done EFCC. A DAY IS COMING - Shehu Mahdi

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