Tag: UBA

Nationwide protest: CSO accuses DSS of freezing bank account

Aminu Imam
CSO accuses DSS

A civil society organisation, (CSO): ‘The Take-It-Back Movement’, has alleged the freezing of its bank account with one of the first generation banks, on the instructions of the Department of the State Services, (DSS). In a a post on its X handle on Friday, the group said the action follows its involvement in the forthcoming proposed nationwide protest,     , describing the action as lawless. It, therefore, demanded that the account be unfrozen within the next 24 hours, failing which it said a legal action will be instituted against UBA Group.…

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NESI funds: Obazee Report exposes Tony Elumelu-led UBA’s fraudulent diversion of N3.9bn

Aminu Imam

United Bank for Africa, (UBA), under Tony Elumelu, has fraudulently diverted a princely sum of N3.9 billion NSEI funds, according to the Jim Obazee report on the activities of the Central Bank of Nigeria, (CBN) under its former governor, Godwin Emefiele. The Obazee Report indicted Tony Elumelu and Managing Directors of UBA from 2015 till date of alleged diversion of N3.9 billion meant for participation in the Nigerian Electricity Market Stabilization Facility. The report submitted to President Bola Tinubu, specifically indicted billionaire Elumelu and Managing Directors of the UBA, and…

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CDS vows to go after bandits, terrorists

Abdul-Azeez Ahmed Kadir

The Chief of Defence Staff (CDS), Major General Christopher Musa, has said that the military will flush out bandits and terrorists from the country. The CDS made the commitment on Friday in Kaduna when he paid a courtesy visit to Governor Uba Sani at government house. He said, “for terrorists and bandits, it’s just a matter of time. We are coming after them and we are going to get them to leave the country completely.” According to him, “we are re-assessing our theatres of operation to make them more robust…

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