NATIONAL NEWS
EFCC Arrests Ex-Minister Ugwuh, One Other for Alleged N3.6bn Fraud
Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested a former Minister of Commerce and Industry, Charles Chukwuemeka Ugwuh, for an alleged conspiracy and fraud to the tune of N3.6bn.
Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested a former Minister of Commerce and Industry, Charles Chukwuemeka Ugwuh, for an alleged conspiracy and fraud to the tune of N3.6bn.
Ugwuh was arrested alongside Chief Geoffrey Ekenma on January 11, 2024 at No.2, Musa Yar Adua way, New Owerri, Imo State, following a petition to the Commission from a new generation bank on the alleged fraud perpetrated through a company, Ebony Agro Industries Ltd., linked to the ex-Minister.
Investigations revealed that Ugwuh and Ekenma, Managing Director, Ebony Agro Industries Ltd., allegedly obtained a loan facility from the bank for the purchase and production of polished rice.
However, the suspect, according to the petitioner, failed to meet up his obligations to the bank and all efforts to get him to repay the loan facility proved abortive.
The suspects would be charged to court as soon as investigations are concluded.
For publication of your news content, articles, videos or any other news worthy materials, please send to newsleverage1@gmail.com. For more enquiry, please call +234-901-067-1763 or whatsapp +234-901-067-1763. To place an advert, please call 09010671763
ABIA NORTH 2027: Bourdex Unveils 17-Directorate Campaign Council
‘I Was an Arms Dealer, Sold Weapons to Anyone Who Could Pay’ – Orji Uzor Kalu
Abia Targets Global Investment Spotlight As AFRICANDO, Third Aba International Trade Fair Hold In November
‘You Have No Mandate from Me to Attack Opposition’ – Otti Warns
Otunba Babatunde Olushola Senbanjo Condemns Alleged N10 Million Reward to Councillors Over 2027 Support
2027: Akudo Political Structure Endorses Bourdex, Vows Grassroots Mobilisation Across Abia North
2027 Abia Central Senate Race: Atuma’s Experience, Achievements Give Him an Edge
2027: Why Ikuku Deserves Opportunity to Represent Ikwuano/Umuahia Federal Constituency
2027: Tabitha Takes Arochukwu Campaign to ISU, Nde Owu Communities in Aba
Obasanjo and the Hypocrisy of Economic Conversion – Abdul Mahmud
Breaking! Court Sacks David Mark-Led ADC Leadership, Nullifies Atiku’s 2027 Presidential Candidacy
Eze Eberechukwu Oji Receives New Book on Arochukwu’s Cultural Heritage, Eulogizes Author
Akpabio’s Cruel Ignorance: Punishing Suicide Survivors Is No Answer to Despair – Abdul Mahmud
SMMAGS Alumnae Unite to Advance Menstrual Dignity, Girls’ Education and Community Empowerment in Abia State
Mayor Lucky Igbokwe Celebrates Seyi Tinubu, Reaffirms CityBoy Movement’s Commitment to Youth Development
A Coastal Highway Re-routed by Presidential Fiat – Abdul Mahmud
Comr. Amos Kalu, OHAFIATV Publisher Appointed Assistant Director Of Publicity Of OTTIMANIA Legacy Movement
Otunba Babatunde Olushola Senbanjo (BOS) Calls for Investigation Into Alleged Seizure of Tricycles Over APC Rally
JAMB Registrar Clarifies Minimum Entry Score, Announces New Candidate-Friendly Measures
Tinubu’s Skills Programme Trains 250,000 Nigerians, Places Nearly 50% of First Graduates in Jobs – Alausa
The final 6 ‘Game of Thrones’ episodes might feel like a full season
New Season 8 Walking Dead trailer flashes forward in time
Mod turns ‘Counter-Strike’ into a ‘Tekken’ clone with fighting chickens
Meet Superman’s grandfather in new trailer for Krypton
Disney’s live-action Aladdin finally finds its stars
Who are the early favorites to win the NFL rushing title?
The old and New Edition cast comes together to perform
Boxing continues to knock itself out with bewildering, incorrect decisions
Steph Curry finally got the contract he deserves from the Warriors
Phillies’ Aaron Altherr makes mind-boggling barehanded play
-
POLITICS5 days ago
Breaking! Court Sacks David Mark-Led ADC Leadership, Nullifies Atiku’s 2027 Presidential Candidacy
-
METRO4 weeks agoEze Eberechukwu Oji Receives New Book on Arochukwu’s Cultural Heritage, Eulogizes Author
-
Articles3 weeks ago
Akpabio’s Cruel Ignorance: Punishing Suicide Survivors Is No Answer to Despair – Abdul Mahmud
-
Abia State News3 weeks agoSMMAGS Alumnae Unite to Advance Menstrual Dignity, Girls’ Education and Community Empowerment in Abia State
-
METRO4 weeks agoMayor Lucky Igbokwe Celebrates Seyi Tinubu, Reaffirms CityBoy Movement’s Commitment to Youth Development