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Diamond Bank

House of Reps probe central bank’s $7 billion to banks from foreign reserve

The House of Representatives has begun investigation of the non-refund of $7bn withdrawn from Nigeria’s foreign reserves by the Central Bank of Nigeria in 2006 to pay banks and assets managers, which have since not been refunded.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arraigns seven for SIM swap fraud in Kaduna

The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Office Thursday arraigned seven suspected SIM Swap criminals in Kaduna.

Why I paid N2.5 million into NEMA staff’s account – contractor

According to the witness: “Sometime in late 2015 when the defendant took charge of NEMA’s Maintenance Department, I made a transfer from the company’s account, Rekinat Global Resources Limited, domiciled in FCMB, to Deji’s personal account with Diamond Bank to the tune of N592,000; another N615,000 was transferred to his account in 2016.”
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, on Thursday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character.

Prisons inspector, five others nabbed for ATM, SIM swap fraud

Operatives of the Kaduna Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested six fraudsters who specialize in defrauding innocent Nigerians by using bank details obtained through sim swaps and Automated Teller Machines (ATM).
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

Businessman drags EFCC, NCAC, others to court for freezing his 12 bank accounts

A 54-year-old man, on Monday, sued the Economic and Financial Crimes Commission (EFCC) and the National Council for Arts and Culture (NCAC) over an alleged unlawful freezing of his thirteen bank accounts.

Man bags 48 months imprisonment for stealing N326, 000 through bank app

An Igbosere Magistrates’ Court in Lagos on Monday sentenced a driver, Adeyemi Adeshina, to 48 months imprisonment for stealing N326, 000 from a colleague’s mobile banking application.
The Economic and Financial Crimes Commission, EFCC has arrested Justice Rita Ofili-Ajumogobia, a dismissed judge of the Federal High Court, after corruption charges against her were struck out by an Ikeja High Court.

Court dimisses application by Justice Ofili-Ajumogobia seeking to stop trial

Justice Rilwan Aikawa of a Federal High Court Lagos, Friday, dismissed a preliminary objection by embattled Judge of the court, Rita Ofili-Ajumogobia, facing Money Laundering charge.
The Economic and Financial Crimes Commission, EFCC has arrested Justice Rita Ofili-Ajumogobia, a dismissed judge of the Federal High Court, after corruption charges against her were struck out by an Ikeja High Court.

Money laundering: Court to rule on objection to Justice Ofili-Ajumogobia’s trial June 28

A Federal High Court Lagos on Monday, fixed June 28, to deliver ruling on a preliminary objection challenging the trial of Justice Rita Ofili-Ajumogobia facing Money Laundering charges.

Court adjourns Masari’s N107.7 million fraud case to July 2

Justice Okon Abang of the Federal High Court, Abuja, has adjourned till July 2, for continuation of hearing in the case involving the former Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Bature Masari.
Ayodele Fayose, former governor of Ekiti state, has lost out in his bid to be granted bail by the federal high court in Lagos.

CJ transfers Ayo Fayose’s N6.9 billion fraud case to new judge

The Chief Judge (CJ) of the Federal High Court has transferred the trial of the former Governor of Ekiti State, Ayodele Fayose, charged with alleged N6.9 billion fraud, to a new judge.

Bank customers decry poor ATM services during Sallah

Bank customers in the Federal Capital Territory (FCT), on Tuesday decried poor network and insufficient funds in most Automated Teller Machines (ATMs).
The Economic and Financial Crimes Commission, EFCC has arrested Justice Rita Ofili-Ajumogobia, a dismissed judge of the Federal High Court, after corruption charges against her were struck out by an Ikeja High Court.

Money laundering: Justice Ajumogobia hospitalised – counsel

A Federal High Court in Lagos on Friday heard that one of its judges facing money laundering charges before the court, Justice Rita Ofili-Ajumogobia, is on admission at a Lagos hospital and could not stand trial.
Governor Udom Emmanuel

N1.4 billion fraud: Governor Emmanuel loses bid to quash charge against NBA chief Paul...

Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, has dismissed an application filed by Akwa Ibom State Governor, Emmanuel Udom, seeking to quash the entire charge preferred against Paul Usoro, SAN, President, Nigerian Bar Association, NBA, by the Economic and Financial Crimes Commission, EFCC.
Bature Masari

EFCC re-arraigns ex-SMEDAN chief over alleged N108 million fraud

The Economic and Financial Crimes Commission (EFCC) has re-arraigned a former Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Bature Masari, over alleged N107.7 million money laundering.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank threatens to publish names of debtors

The management of Access Bank has threatened to publish the list of all its delinquent debtors.
The Economic and Financial Crimes Commission, EFCC has arrested Justice Rita Ofili-Ajumogobia, a dismissed judge of the Federal High Court, after corruption charges against her were struck out by an Ikeja High Court.

EFCC re-arraigns Justice Ofili-Ajumogobia, Godwin Obla for alleged money laundering

The Economic and Financial Crimes Commission on Wednesday re-arraigned a Judge of the Federal High Court, Rita Ofili-Ajumogobia, and a Senior Advocate of Nigeria, Godwin Obla, over alleged money laundering charges.

Lawyer asks court to nullify central bank chief’s re-appointment

A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele
Ayodele Fayose, former governor of Ekiti state, has arrived the federal high court in Lagos where he is on trial for money laundering and abuse of office. 2

Witness: Ex-NSA Dasuki authorised N2.2 billion payment from ONSA’s CBN account to ex-Governor Fayose

The Federal High Court in Lagos Friday heard that a former National Security Adviser (NSA), Col Sambo Dasuki (rtd), authorised the transfer of N2.2billion from the Central Bank of Nigeria (CBN) to former Minister of State for Defence, Musiliu Obanikoro.

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The Department of State Services has defended the continued detention of Omoyele Sowore, convener of the #RevolutionNow protests.

Brexit: Boris Johnson will probably win this election – Nigel Farage

British Prime Minister Boris Johnson will probably win the Dec. 12 election with a small majority but the campaign has so far been uninspiring with a host of unrealistic promises on both sides, Brexit Party leader Nigel Farage said on Tuesday.
Enoch Adeboye

Pastor Adeboye donates dialysis machine to UCH Ibadan

As the University College Hospital, Ibadan marked its 62nd founder’s day yesterday, the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye donated a dialysis machine worth N10m to help patients with kidney problems across the country.

Court adjourns Senator Suswam’s fraud trial till November 26

Justice Okon Abang of the Federal High Court, Abuja, on Tuesday, adjourned the fraud trial of former Benue State Governor, Gabriel Suswam, till November 25 and 26.

Bayelsa guber: Governor Dickson tenders ‘video evidence’ of electoral fraud, violence in Nembe, Ogbia,...

Governor Seriake Dickson has tendered a video evidence in support of the killings and election violence that characterised the conduct of last Saturday’s governorship election in Nembe local government area and some other parts of the state.