NEWS

Jonathan ran CBN like Idi-Amin – Soludo

Former Governor of the Central Bank of Nigeria, Charles Soludo, has said former President Goodluck Jonathan ran the apex bank like the former Uganda dictator, Idi-Amin. Speaking in an interview in the current Business Edition of The Interview, Soludo described the recent revelations from the arms deal scandal as startling. He said the Central bank under the last administration was “the ATM of the Presidency,”. “Imagine a scenario where a president can order the CBN to create an intervention fund for national stability and CBN literally ‘prints’ say, N3 trillion, and dole

NEWS

EFCC slams theft charge on Tompolo, Akpobolokemi, accuse them of converting NIMASA’s $108.7m & N2.2bn properties

The Economic and Financial Crimes Commission (EFCC) has filed a 40-count criminal charge of unlawful conversion of $108.7 million and N2.2billion property of the Nigerian Maritime Administration and Safety Agency, on the leader of Niger-Delta militant, Government Ekpemupolo also known as Tompolo and ex-NIMASA boss, Patrick Akpobolokemi. Both were charged before a Federal high court sitting in Lagos south west Nigeria. Charged with them were three other accused persons and five limited liability companies The eight other accused to be arraigned alongside the accused Nig