“CBN officials, others acquired estates in South Africa, Nigeria”

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The Federal High Court sitting in Ibadan Wednesday, ordered the remand of another set of eight bank officials for alleged N8 billion currency scam.
The Economic and Financial Crimes Commission (EFCC) arraigned three Central Bank of Nigeria (CBN) officials and five employees of First Bank Plc over the alleged scam.
The accused, the court heard, acquired assets in Nigeria and Pretoria, South Africa.
The CBN employees are Kolawole Babalola, Olaniran Adeola and Togun Kayode Phillips. Their alleged accomplices are Isiaq Akao, Ayodele Festus Adeyemi, Oyebamiji Hakeem, Ayodeji Alase and Ajiwe Adegoke.
The commission arraigned the bank officials on a 28-count charge bordering on forgery, …Read More

Source:: New Mail