EFCC arrests ex-Ecobank branch manager over N81m fraud By Sylvester Ugwuanyi

The Economic and Financial Crimes Commission (EFCC) has arrested a former branch manager of Ecobank Plc, Victor Amushie, for alleged credit fraud of N81 million. The commission’s spokesman, Wilson Uwujaren, who made this known Friday, explained that the suspect allegedly packaged loan facilities for himself, using several names and accounts of some customers of his …

Passage of NFIU bill to check financial crimes By: Okechukwu Emeh, Jnr

True to its commitment to strengthening the Federal Government’s fight against money laundering, terrorist financing and other unlawful activities that threaten our financial system and national security, the Senate of the Federal Republic of Nigeria on July 18, 2014 took a laudable step by passing a bill for the establishment of the Nigerian Financial Intelligence …