Alleged N26.6bn Fraud: EFCC Arraigns Ex-Bank PHB Director, Funmi Adenmosun

  • 📰 channelstv
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Economic and Financial Crimes Commission has arraigned a former director of Bank PHB (now Keystone), Funmi Adenmosun, before a Federal High Court, sitting in Lagos for an alleged N26.6 billion money laundering.

Adenmosun was arraigned alongside his company, Home Trust Savings and Loan Limited and a private company, Rare Properties and Development Limited.

Adenmosun’s lawyer, Senior Advocate of Nigeria, Wale Adesokan, however, told the court that a bail application dated January 13, 2022, had been filed and the same had been served on the prosecution. The judge directed that one of the sureties must be a grade level 15 officer in either the federal or state ministry, while the other surety must be a blood relation of the defendant and a property owner within the jurisdiction of the court.

“Count 2: That you, FUNMI ADENMOSUN AND HOME TRUST SAVINGS AND LOAN LIMITED On or about the 8th day of November: 2007 in Lagos within the jurisdiction of this Honourable Court indirectly transferred the sum of N450,000,000.

“Count 5: That you, RARE PROPERTIES AND DEVELOPMENT LIMITED on or about the 9th day of November 2007 in Lagos within the jurisdiction of this Honourable Court retained the sum of N610,000,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'N26.6bn fraud': EFCC docks ex-Bank PHB directorAdenmosun was docked alongside his company, Home Trust Savings and Loan Limited and a private company, Rare Properties and Development Limited before Justice Daniel Osiagor. myhfuntua
Source: Daily Trust - 🏆 13. / 51 Read more »

Court Remands Ex-Bank PHB Director, Adenmosun, in EFCC custody overThe Economic and Financial Crimes Commission (EFCC), yesterday, arraigned a former director of Bank PHB (now Keystone Bank) But that efcc custody get a lot of customers, please i like go do sightseeing for there.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

EFCC Arraigns Ex-bank Director For Alleged N26.6bn FraudThe Economic and Financial Crimes Commission yesterday arraigned a former Director of Bank PHB (now Keystone), Funmi Adenmosun, before the Federal High
Source: LeadershipNGA - 🏆 4. / 77 Read more »

2023: INEC to monitor politicians’ bank accounts, transactionsAhead of the 2023 general election timetable, the Independent National Electoral Commission (INEC) is to beam its searchlight on politicians Which politicians? 🤣🤣🤣 You cannot do anything. Talking no action. Will that stop vote buying and use off thugs to hijack ballot boxes?
Source: GuardianNigeria - 🏆 1. / 94 Read more »

2023: We’ll target politicians, parties’ bank accounts – INECHe said that the commission would also monitor the movement of money on election days to help tackle vote-buying at polling units (PUs), adding that it would set up teams to monitor election spending ahead of the elections. INEC would do all that? This INEC would be a super one. If there is commitment and determination.
Source: Daily Trust - 🏆 13. / 51 Read more »

2023: Every candidate must declare bank asset, says INEC | TheCableThe Independent National Electoral Commission (INEC), says politicians who intend to contest in the 2023 elections must submit... inecnigeria Says INEC or says electroral act? inecnigeria Idiot didn't say all Statement of Account for the past 10yrs U want them to go Bring a new Bank that's having 50million inecnigeria Na lie mere talk
Source: thecableng - 🏆 2. / 80 Read more »