Eko Hot Blog reports that Economic and Financial Crimes Commission (EFCC) has revealed that it will appeal the N100 million fine that the Federal Capital Territory High Court slammed on it for violating the right to personal liberty of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. This news media had reported … Read more
Eko Hot Blog reports that the Federal Government has reportedly initiated actions to take control of Union Bank Limited and Titan Trust Bank Limited, intending to oust their respective boards next week. This development stems from the findings of Special Investigator Jim Obazee, appointed by President Bola Tinubu in July 2023, to scrutinize the operations … Read more
Eko Hot Blog reports that the Special CBN Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection with the acquisition of Union Bank of Nigeria Plc by Titan Trust Bank The TTB chairman, a former deputy governor of the Central Bank of Nigeria, was directed to report at the … Read more
Eko Hot Blog reports that Jim Obaze, the special investigator appointed by President Bola Tinubu on the activities of former CBN Governor Godwin Emefiele, has submitted his report. In the report submitted to President Tinubu on December 20, Obaze outlined 17 allegations against Emefiele. These include details on the acquisition of a bank in 2019, … Read more
Eko Hot Blog reports that special investigator Jim Obaze has uncovered how former Central Bank of Nigeria Governor, Godwin Emefiele illegally lodged billions of naira in no fewer than 593 bank accounts in the United States, United Kingdom, and China without the approval of the apex bank’s board of directors and the CBN Investment Committee. … Read more
Eko Hot Blog reports that President Bola Tinubu-led government on Monday stated that Nigerians will soon know what went wrong in the Central Bank of Nigeria (CBN) and affected the economy. The Federal Government revealed this while stating that the audit report of the apex bank will soon be ready. According to the Federal Government, … Read more
EKO HOT BLOG reports that President Bola Ahmed Tinubu has appointed a Special Investigator to probe the Central Bank of Nigeria (CBN) and key Government Business Entities (GBEs). This is coming as the suspended Governor of the apex bank, Godwin Emefiele is been detained at the office of the Department of State Services (DSS). EDITOR’S … Read more