$7m undisclosed deposit: EFCC widens probe of Providus Bank, CEO Walter Akpani

EditorSeptember 18, 202505 mins

The Economic and Financial Crimes Commission (EFCC) has widened its probe of Providus Bank and its chief executive officer, Walter Akpani, over an undisclosed $7 million cash deposit linked to suspicious financial dealings, The Witness reports. It was reported how operatives of the anti-graft agency stormed the bank’s head office in Victoria Island, Lagos, arresting…

Court orders final forfeiture of $7m found in Providus Bank vault to FG

EditorSeptember 15, 202505 mins

A Federal High Court in Abuja has ordered the final forfeiture of $7 million recovered from the vault of Providus Bank Limited to the federal government of Nigeria. The ruling, delivered on Monday by Justice Emeka Nwite, followed an application filed by the Economic and Financial Crimes Commission (EFCC), which argued that the funds were…