Featured
EFCC invites Lucky Igbinedion over alleged N1.6bn Fraud
The former governor of Edo State, Mr Lucky Igbinedion, is currently being grilled by operatives of the Economic and Financial Crimes Commission, (EFCC) over what a source described as alleged criminal diversion of public funds to the tune of N1.6bn.
The former governor, who arrived at the headquarters of the EFCC, at Jabi, Abuja, around 2pm, on Thursday was still being quizzed as of the time of filing this report.
Shortly after his exit as governor in 2007, Igbinedion was prosecuted by the EFCC and convicted of corruption.
But the new investigation, according to the source who was not authorised to speak on the matter, was based on fresh evidence against him.
The source said that the former governor diverted a loan obtained by the Edo State Government to finance an investment during his tenure, to settle the financially indebtedness of a company in which he had interest.
When contacted for clarification , Mr Wilson Uwujaren, spokesperson for the Commission, confirmed the invitation of the former governor but declined further comment.
-
Latest6 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Business3 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business4 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business6 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Featured2 days agoPeter Obi, Makinde and the 2027 elections: Can unity really challenge APC?
-
Football2 days agoBanda, Chawinga make 2026 Women’s Ballon d’Or top 30 shortlist
-
Business1 week agoRising crude prices threaten fresh petrol price hike in Nigeria
-
Business7 days agoMultinationals exit Nigeria as economic pressures reshape business landscape