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Massive Call For Sack Of Wema Bank MD, Ademola Adebise Over Money Laundering—Wema Bank, under Ademise’s watch, covered up a massive fraudulent scheme perpetrated by companies and proxies of the National leader of the All Progressives Congress, Bola Tinubu.

According to SAHARAREPORTERS, Transparency Nigeria Group has urged the Central Bank of Nigeria to immediately dismiss the Chief Executive Officer of WEMA Bank, Ademola Ademise, over alleged fraud.

The group in a statement by Dahiru Mohammed, its Communications Director, alleged that Ademise had grossly abused his office as CEO of Wema Bank and contravened several extant regulations of the CBN.

According to the group, Wema Bank, under Ademise’s watch, covered up a massive fraudulent scheme perpetrated by companies and proxies of the National leader of the All Progressives Congress, Bola Tinubu.

Calling for his immediate removal, TNG said, “In doing this, Mr Ademise failed in his fiduciary duties and allowed a powerful politician to use Wema Bank as a clearing house for laundered funds. ”

 

The group referred to a story dated November 23, 2020 by Peoples Gazette where bank records showed that Ocean Trust Limited, a company linked to Tinubu, shuffled billions of naira between its accounts with Wema Bank.

 

The newspaper documented the transaction between January and June 2019 on how Ocean Trust summarily moved N16.4billion from its operations accounts into a fixed deposit account all domiciled in Wema Bank.

 

This was after the court case involving Dayo Apara, a former Managing Director of Alpha Beta, a company partially owned by Tinubu.

 

Ocean Trust was specifically mentioned in Apara’s court documents as one of the firms allegedly used to siphon funds from Alpha-Beta, the controversial Lagos tax contractor.

 

According to the report, Alpha Beta received billions from Lagos treasury since Tinubu was governor.

 

Apara claimed the firm received N150billion in the past 15 years from Lagos.

 

On January 2, 2019, Ocean Trust moved N1.5billion from its 0702892574 Wema Bank account to another 0122613238 account within Wema Bank.

 

The description for the transaction was labelled “Closure proceeds”.

 

A week after on January 9, N800million was transferred to the same bank account.

 

On January 16, 2019, N500million was also transferred to the same account. N1.5 billion, N800 million, and N500 million were transferred to the 0122613238 Ocean Trust account on February 1, February 8 and February 15 in 2019, respectively.

 

The same account got N1.5 billion on March 4, while N800 million and N500 million were transferred on March 11 and 18, 2019.

 

On April 3, the account received yet another N1.5billion while N800million was credited to it on April 10 and another N500million on April 17.

 

N1.5 billion was moved to the account on May 3 while N600million and N500million were credited to the account on May 10 and May 17 respectively.

 

On June 3, N1.5billion was transferred to the Ocean Trust account with another N600million on June 10 and another N500million on June 17.

CREDIT: SAHARAREPORTERS

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#Endbadgovernance Protest: AGF Intercedes, Request Case File From Police

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#Endbadgovernance
#Endbadgovernance Protest: AGF Intercedes, Request Case File From Police—-The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN has directed that the case file of the detained ‘Endbadgovernance protesters be transferred to his office.
Fagbemi disclosed this in a statement on Friday in Abuja.
He said that he noticed that the police have arraigned those arrested in connection with the endbadgovernance violent protest in court for various offences, including treason.
He said that he is equally aware that the court has remanded the defendants in detention centres and adjourned the case to January.
“It is not within my power to vary the order of the court remanding the defendants in detention centres and adjourning the case to January.
“But there are some issues my office will need to look into regarding the matter to enable me take an informed decision.
“I have directed the Nigeria Police to transfer the case file to my office and hand over same to the Director of Public Prosecution of the Federation (DPPF) tomorrow, Saturday 2nd November, 2024.
“I have further directed the DPPF to immediately put machinery in motion for consideration of the court to bring the adjournment date forward to an earlier date,” he said.

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JUST IN: : Drama As Bobrisky Claimed To Be Arrested And Injured By EFCC [VIDEO]

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Bobrisky
JUST IN: : Drama As Bobrisky Claimed To Be Arrested And Injured By EFCC [VIDEO]

JUST IN: : Drama As Bobrisky Claimed To Be Arrested And Injured By EFCC [VIDEO]—-Controversial Nigerian crossdresser Idris Okuneye, popularly known as Bobrisky just claimed that he has been arrested and injured by EFCC while jetting to Amsterdam.

TCN earlier reported that he was apprehended at the Lagos airport while attempting to board a KLM flight to Amsterdam just days after being granted bail by the Nigerian Police.

The KLM flight which he boarded was halted by the Nigerian Authorities and Idris Okuneye was escorted out of the flight and carried by the immigration officer

Bobrisky revealed this incident on his Instagram story, whole sharing a brief video in which he claimed to be injured.

Making this ugly incident known, Bobrisky wrote,

“Nigerians help me, EFCC just arrested me. I’m badly injured,”.

This latest arrest comes barely few weeks after he was arrested at the Benin Republic Immigration Service at the popular Seme border during passport checks.

It was learnt that the embattled crossdresser was trying to leave Nigerian unnoticed when he was arrested.

Watch the video below

 

Click HERE to watch

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