The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has categorically denied claims that a United States District Court granted permission to Louis E. Williams to seize $21 million from Nigeria’s account with JP Morgan. In a statement released on Wednesday, Fagbemi clarified that the false reports originated from an unidentified … Read more
EKO HOT BLOG reports that former Presidential aide, Reno Omokri, has claimed that ex-president, Muhammadu Buhari, lied to Nigerians following JP Morgan Chase’s shocking revelation that puts Nigeria’s foreign reserves at $3 billion. This online media platform learnt that the American multinational financial services firm, in a report, revealed that a combination of foreign exchange … Read more
Seized £63m Russian Superyacht Axioma To Go Under Hammer EKO HOT BLOG reports that a £63m ($75m) Russian superyacht will go under the hammer after its owner was sanctioned. The Axioma was seized in Gibraltar in March after US bank JP Morgan claimed owner Dmitrievich Pumpyansky did not pay a £17m ($20m) loan. … Read more