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MULTI MILLION NAIRA FRAUD: FAAN MD, ENGR. SALEH DUNOMA ON THE HORN OF DILEMMA

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Embattled Managing Director of Federal Airports Authority of Nigeria, FAAN, Engr Saleh Dunoma, who has been on the horns of dilemma in the past weeks for alleged misappropriation of public funds is now very sick and hospitalized in an Abuja hospital.
We can authoritatively report that Dunoma, who was already due for retirement, was caught unawares as records were opened at the sundown of his career to unravel shady financial deals he was alleged to be involved in during his tenure as helmsman of FAAN.
The shock that followed the invitation of Dunoma who was already looking forward for a peaceful retirement was said to have downed his health state, leading to a collapse of system and his eventual being bed ridden.
A senior staff of the agency, who spoke on condition of anonymity, disclosed to our reporter that Dunoma who was rushed to the Abuja hospital in a critical condition, is already responding to treatment.
Series of financial scam ranging from contracts padding to over invoicing was said to have been the order of day under Dunoma leadership as the FAAN boss since March 2014, a development which was said to have constituted a lethal therapy for the healthy operation of the once fledgling federal parastatal.
The recent shift of government’s searchlight to the aviation industry and eventually FAAN was said to have thrown many senior and junior staff of the agency, who have been secretly cutting corners, off balance, with some of them even attempting to escape out of the country.
Operatives of the EFCC have recently invited all the top management staff of FAAN to Abuja for questioning over alleged complicity in a N70 million fraud recently discovered at the agency.
As part of the investigation, the anti-graft agency had collected the top management staff’s Bank Verification Numbers (BVN) to ensure a thorough investigation into the fraud.
Christy Olabode, a Grade 6 staff who is the major suspect in the N70 million fraud, was held and detained by the EFCC when she showed up at the agency’s headquarters.
A source close to FAAN disclosed that the younger brother to Ms. Olabode, Abdul-Shehu Obaze, a staff at the Commercial Department of FAAN in Ilorin, Kwara State, had confessed that he and his sister were not the only ones involved in the manipulation of furniture allowances between 2013 and 2016.
Obaze was said to have allegedly confessed that he had been funneling the sum of N2.5 million monthly to one of the top management staff in the agency in the past one year. He reportedly said the payoff came from the N70 million scam.
It was further gathered that some of the directors whose BVNs details were collected included the Director of Administration, Ikechi Uko, Director of Operations, Captain Henry Omeogu, Director of Human Resources, Hajia Salamatu Umar-Eluma, and Director of Maintenance and Engineering, Olufemi Ogunode.
Our source said that the anti-grant agency collected the BVNs of the directors in order to determine whether there had been any financial transactions between the top management staff and the suspects.
An EFCC source confided that Ms. Olabode had provided anti-graft investigators with some useful information. The source said the woman may not be released until she has provided more useful information to facilitate a thorough investigation into a number of frauds at the aviation agency.
She is alleged to have diverted at least N70 million by inserting names of non-FAAN staff into the agency’s payroll.

 

Culled from: OrijoReporters

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]

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Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.

 

In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.

 

The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.

 

The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.

 

“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.

 

“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”

 

WATCH VIDEO HERE:

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FCMB Manager Arrested For Hoarding New Naira Notes

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A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.

 

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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage

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The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

 

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