Uncategorized
Latest on N8bn-multilated-naira-note fraud by CBN staffers
The absence of defence counsel on Wednesday in a Federal High Court in Ibadan stalled the trial of three Central Bank of Nigeria (CBN) staffers and others over alleged N8 billion fraud.
The Economic and Financial Crimes Commission (EFCC) arraigned the defendants, Kolawole Babalola, Muniru Olaniran and others still at large, before the court for alleged multiple charges bordering on conspiracy, forgery, stealing of mutilated currencies at the Ibadan office of the CBN.
At the resumed hearing, defence Counsel, Mr Olayinka Bolanle, informed the court that he recently took ill and cannot continue with the matter.
Bolanle consequently sought for an adjournment to enable him properly recuperate.
Justice Nathaniel Ayo adjourned the suit until Thursday.
All the accused persons pleaded not guilty to the charge leveled against them by the anti-graft commission.
-
Business5 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business7 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business6 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business5 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Business5 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
News4 days agoUK, Canada pledge closer cooperation on trade, defence and AI
-
Latest1 week agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Business6 days agoAugust inflation faces upward pressure despite disinflation trend – Analysts


