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Psemas – 84 Doctors Linked to Fraud

Psemas – 84 Doctors Linked to Fraud

THE Ministry of Finance has identified a list of 84 doctors who are accused of stealing millions of dollars through the government’s medical aid scheme. The ministry has also instituted civil action against some providers and is contemplating slapping the alleged culprits with criminal charges. At least N$13 million has been paid back to the […]

Rant Of The Day – This Credit Thing

Rant Of The Day – This Credit Thing

Welcome to the rant column.  I don’t know if I should call this robbery or fraud. There is something I have noticed among some telecommunication companies and sincerely, it’s annoying! You will recharge a good amount of money on your phone, and your network provider will send you a bonus that you didn’t request for […]

Govt. To Permanently Seize Ex-oil Minister’s $37.5 Million Property

Govt. To Permanently Seize Ex-oil Minister’s $37.5 Million Property

Nigeria has been told by a court it can permanently seize a $37.5 million apartment block owned by a former oil minister who is wanted for money laundering. The property belongs to former petroleum minister Diezani Alison-Madueke, who was in office between 2011 and 2015. It had previously been seized temporarily. Alison-Madueke’s whereabouts are unclear, […]

Nigerian Family Jailed 252 Months In US For Internet Dating Scam

Nigerian Family Jailed 252 Months In US For Internet Dating Scam

A United States District Judge, Paul W. Grimm has sentenced Gbenga Ogundele aka Benson Ogundele, age 58; of Laurel, Maryland to 234 months in prison, and sentenced his wife, Moji Popoola, aka Mojisola Oluwakemi Tin Popoola/Moji T. Popoola, age 42, also of Laurel, to 18 months in prison, each followed by three years of supervised […]

University Vice Chancellor, Accused of N800 Million Fraud

University Vice Chancellor, Accused of N800 Million Fraud

The Vice Chancellor of the Federal University of Agriculture, Abeokuta, Olusola Oyewole, and the institution’s pro-chancellor, Adeseye Ogunlewe, will spend Friday night in prison despite being granted bail, PREMIUM TIMES has learnt. The two men were charged to court alongside the university’s bursar, Moses Ilesanmi, on an 18-count charge of misappropriating N800 million belonging to […]

Kenya: EACC Detectives Raid Ministry Of Health Headquarters Over Sh5 Billion Fraud

Kenya: EACC Detectives Raid Ministry Of Health Headquarters Over Sh5 Billion Fraud

 Ethics and Anti Corruption Commission (EACC) detectives have raided the Ministry of Health headquarters at Afya House over the misappropriation of up to Sh5 billion. The anti graft sleuths were searching for documents that will help them in unravelling the mystery behind the disappearance of the funds. Following revelations of the scandal through an interim […]

UBS Trader Jailed For UK’s Biggest Fraud Warns It Could Happen Again

UBS Trader Jailed For UK’s Biggest Fraud Warns It Could Happen Again

Kweku Adoboli, the ex-UBS trader jailed four years ago for the biggest fraud in British history, has said his crimes could be repeated as those working in the banking industry still faced the same pressure to make profits “no matter what”. Adoboli, a senior trader on the Exchange Traded Funds (ETFs) desk at UBS’s investment […]

Congo opposition accuses Sassou Nguesso of pre-election fraud

Congo opposition accuses Sassou Nguesso of pre-election fraud

Three opposition candidates accused Congo Republic President Denis Sassou Nguesso on Friday of preparing for widespread vote-rigging two days before an election in which he is expected to win another term of office, extending his long rule. Sassou Nguesso has led the oil-producing nation for 32 of the last 37 years and pushed through constitutional […]