Telco to temporarily forfeit N8bn to FG
The forfeited N8bn belonging to the telecom company is based on a report linking it to an illegal transaction.
MTN
The bank account with registration number, 0012005379, is suspected to be a product of an illegal transaction, Vanguard News reports.
In a related development, Abdulaziz Anka, the presiding judge on the matter also ordered that a Skye Bank account with number, 1013607079, be also surrendered to the FG since the holder has not made any claim to it.
ADVERTISEMENT
The development is possibly as a result of the hard stance of the President Buhari led administration towards any act of corruption.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
FG approves salary increase for civil servants
Reverse hike in electricity tariff or face lawsuit - NBA threatens DisCos
Badagry residents stranded as petrol hits ₦1,000 per litre amid fuel scarcity
NNPC staff alleged of luxury acquisition of properties threatens lawsuit
Ogun Govt warns residents on impending flood disaster, urges relocation
15-yr-old girl predicts her JAMB score but scored 12 marks below prediction
Workers Day: FG declares May 1 public holiday
Sanwo-Olu grants ₦849.5m scholarships, bursaries to 10,000 tertiary students
Wike orders urgent repairs for Dogon Gida Culvert to prevent loss of lives
ADVERTISEMENT