EFCC arrests First Bank Director over alleged laundering of $55m for ex-minister
According to report, Lawal has confessed to laundering $25 million for the ex-minister.
Recommended articles
According to SaharaReporters, which cited a source at the EFCC, Lawal has confessed to laundering $25 million for the ex-minister.
Report also said that First Bank has distanced itself from the scandal, saying the bank did not handle the cash for which Lawal was arrested.
The bank said Lawal acted in his "private capacity" as a long time friend of the former minister.
ADVERTISEMENT
Lawal is said to be in EFCC custody as at the time of filing this report.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Faulty aircraft prevents Shettima from representing Tinubu at US summit
84-yr-old Olubadan-designate vows to build on his predecessor's legacies
Tinubu, Shettima out of the country — who is in charge of Nigeria?
Why I rejected NUJ award Alia accepted - Agbese
Intrigue as Kano Senator donates 1 million clay pots, burial materials to constituents
Delta, Nigeria’s highest oil & gas producer laments epileptic power supply
Telegram powered crypto casino, TG.Casino, signs partnership with AC Milan
Measles kills 42 children in Adamawa, Govt extends resumption date to May 13
Here's why Nigeria's Remi Tinubu was picked as 9th most decent first lady in Africa
ADVERTISEMENT
![Retirees demand pension increase [PM News Nigeria]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Retirees demand pension increase [PM News Nigeria]")