VOICE AIR MEDIA, News Update
The Economic and Financial Crimes Commission (EFCC) has arrested a former Minister of Commerce and Industry, Charles Chukwuemeka Ugwuh, for alleged conspiracy and loan fraud of about N3.6 billion.
According to a statement by the Head of Media and Publicity of the commission, Dele Oyewale, the ex-minister was arrested with Chief Geoffrey Ekenma on January 11, 2024, at No.2, Musa Yar Adua Way, New Owerri, Imo State.
The arrest of the two suspects was said to have followed “a petition to the commission from a new generation bank on the alleged fraud perpetrated through a company, Ebony Agro Industries Ltd., linked to the ex-minister.
The statement said: “Investigations revealed that Ugwuh and Ekenma, Managing Director, Ebony Agro Industries Ltd., allegedly obtained a loan facility from the bank for the purchase and production of polished rice.
“However, the suspect, according to the petitioner, failed to meet up his obligations to the bank and all efforts to get him to repay the loan facility proved abortive. The suspects would be charged to court as soon as investigations are concluded.”
Governor AbdulRahman AbdulRazaq of Kwara State has approved a cabinet reshuffle that affects all Special…
News Update Canada has booked their place in the World Cup Round of 16 after…
THE governorship and National Assembly candidates of the All Progressives Congress in Gombe State on…
An Ondo State High Court sitting in Akure has sentenced a vulcaniser, Wasiu Ibrahim, to…
THE Independent National Electoral Commission (INEC) has shifted the date for the release of the…
News Update It was an inspiring moment at the just concluded 6th African Youth SDGs…