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FRAUD: FG sets to investigate two former ministers over billions

FRAUD: FG sets to investigate two former ministers over billions

According to the Daily Post Reports,The Federal Government has Finally begun its interrogation of those implicated in the alleged fraud that left over 65,000 Nigerian shareholders losing two billion dollars worth of shares.


According to NAN, those invited for interrogation were former minister of Budget and National Planning, Sen. Udo Udoma and his counterpart in the Ministry of Trade and Investment, Okechukwu Enelamah.

Chukwuemeka Obasi, the legal representative of a whistle-blower, disclosed this to newsmen on Wednesday in Abuja.

Obasi said that the General Managing Director of Union Bank Nig Plc, Mr Emeka Emuwa was also questioned.

According to him, the various representatives of all private and public institutions linked with the fraud were also invited and quizzed.

Obasi said the establishments mentioned in the petition included the Chapel Hill, National Security Exchange (NSE), Security Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).



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Afric-tv24 - Zamfara

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