Connect with us

BIG STORY

Court Sentence FCMB Branch Manager To 121 Years In Prison For Embezzling N112million From Customer’s Account In Anambra

Published

on

One of FCMB’s employees was sentenced to prison for fraud and embezzlement, which was the worst shock of the year for the prestigious financial organisation in Nigeria.

Mr. Nwachukwu Placidus, the bank manager at First City Monument Bank FCMB, Onitsha, Anambra State, was sentenced to 121 years in prison by Justice S. Odili at the Anambra State High Court in Onitsha, Anambra State, for embezzling N112 million from a customer’s fixed deposit account.

A former manager of the First City Monument Bank branch in Onitsha was found guilty and sentenced to 121 years in prison for stealing N112,100,000 in fixed deposit money from a customer for personal use.

The honourable justices delivered the verdict that resulted in this outcome. This is tantamount to a breach of trust by the former manager which has attracted a huge jail term.

BIG STORY

JUST IN: Governor Sanwo-Olu Appoints Egube As New Deputy CoS

Published

on

The Lagos State Governor, Babajide Sanwo-Olu, has appointed former commissioner for Budget and Economic Planning, Sam Egube, as the new Deputy Chief of Staff.

Egube was appointed by the governor after the seat became vacant following the demise of his former Deputy Chief of Staff, Gboyega Soyannwo.

Sanwo-Olu announced the former commissioner’s appointment barely a week after Soyannwo was laid to rest amid eulogies in the state.

The governor announced Egube’s appointment on Wednesday during the commissioning of 15 high capacity ferries designed to increased ridership on waterways across the state.

 

More to come…

Continue Reading

BIG STORY

JUST IN: CJN Summons Judges Over Conflicting Orders On Kano Emirship Tussle

Published

on

Olukayode Ariwoola, the Chief Justice of Nigeria (CJN), has invited the chief judges of the federal high court and the Kano state high court over conflicting orders on the emirship tussle in Kano.

Both courts have issued conflicting interim injunctions on the tussle between Aminu Bayero, the dethroned Emir; and Muhammadu Sanusi, the reinstated Emir.

The orders have exacerbated the tension and chaos in the state.

 

More to come…

Continue Reading

BIG STORY

BREAKING: President Tinubu Signs Bill To Reintroduce Old National Anthem Into Law

Published

on

Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has signed the bill seeking to reintroduce the old national anthem into law.

Godswill Akpabio, senate president, made the announcement at the joint sitting of the senate and house of representatives on Wednesday.

Akpabio said the president signed the bill into law on Wednesday morning.

 

More to come…

Continue Reading

Most Popular