EFCC docks UBA, Tony Elumelu, others over alleged N4.3bn forex fraud

EditorJanuary 26, 202604 mins

Tony Elumelu The Economic and Financial Crimes Commission (EFCC) has instituted a N4.3 billion alleged forex fraud case at the Ikeja Special Offences Court against United Bank for Africa (UBA) PLC, under the Chair of Tony Elumelu, and four others. Other defendants in the case are Muyiwa Akinyemi; Amangbo Stephen; Gesos Global Service Ltd, and…

EFCC arraigns Abuja business woman for alleged N240.5m forex scam

EditorOctober 3, 202503 mins

The Economic and Financial Crimes Commission (EFCC) on Thursday, arraigned Ene Queen Bamaiyi, an Abuja-based businesswoman for alleged forex fraud. Bamaiyi was docked before Justice A.A. Halilu of the Federal Capital Territory (FCT) High Court, Apo, Abuja, on a one-count charge of criminal breach of trust involving N240.5 million. She was accused of dishonestly converting…