Tuesday 16 June 2015

N8bn CBN fraud: Court refuses suspects bail

EFCC operatives leading fresh suspects in the N8 billion CBN staff fraud to the court premises in Ibadan, Oyo State, yesterday

THE countenances of staff of the Central Bank of Nigeria, CBN and other commercial banks who are standing trial over alleged fraud running into billions of Naira fell yesterday as a Federal High Court in Ibadan refused their bail applications, describing their offence as mind-boggling and a capital offence against the nation’s economy.

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