Archive EFCC arrests top ​Directors of Insurance Companies​

EFCC arrests top ​Directors of Insurance Companies​

-

- Advertisment -
The Economic and Financial Crimes Commission, EFCC, has arrested some directors of insurance companies for swindling their underwriting firms of millions of naira.
Some other directors were also picked by the EFCC for illegally acquiring huge shares in the underwriting firms without paying for them.
The Commissioner for Insurance, Mohammed Kari, stated this while speaking during a seminar for journalists.
He said, “I can confirm that one chairman returned N66m. We have identified quite a few cases like that and we have stood our ground that they must refund it because these are shareholders and policyholders’ money and not their personal money.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

COVID-19: Nigeria to Launch 38 oxygen Plants Across the Country

President Muhammadu Buhari has given the go ahead for the launching of at least 36 oxygen plants across the...

Minister Talks Tough On Violence Against Women, Girls

By IJEOMA UKAZU | ...Says Nigeria Must Mainstream Gender Following the high rate of Violence Against Women And Girls, VAWG in...

Christian Aid Appoints First Director Based Outside the UK

Christian Aid has appointed its first director based outside the UK. Nigeria-based Ojobo Ode Atuluku will join the charity at the...

Lauretta Onochie’s Affiliation with APC Makes Her Unfit as INEC National Commissioner – KDI

Kimpact Development Initiative (KDI) has expressed concern on the nomination of Ms. Lauretta Onochie, a political appointee and Senior...

Schools must be Open, Accessible and Safe from Attacks, say African children

African children speak out about how the COVID-19 pandemic tipped an existing education safety crisis to breaking point While the...

Day of the African Child: Nigeria Children Advocates For A Better Continent

By IJEOMA UKAZU |  "There are children out there who are vulnerable to violence, exposed to danger, forced into labour,...

Must read

Minister Talks Tough On Violence Against Women, Girls

By IJEOMA UKAZU | ...Says Nigeria Must Mainstream Gender Following the...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: