Browsing: Fraud

The PDP however described as disheartening that a highly respected minister like Fashola has failed to explain how such amount of money was allegedly diverted through surreptitious payments in 654 tranches to 21 private bank accounts in a space of two months, a situation which the party said highlights the level of rot in that ministry in the years of its existence under his watch.

The statement said: “The attention of the management of Stanbic IBTC Bank PLC has been drawn to news currently circulating in the media, about the alleged arraignment of staff of the Bank on charges bordering on the theft of customers deposits.