Court remands Ecobank manager over N411m fraud

A Federal High Court, Lagos, today, order the remand of a manager with the Ecobank Plc, Ifeanyi Chukwu Azike, for allegedly defrauding the bank’s customers to the tune of N411 million. Azike was brought before the court presided over by Justice Ayotunde Faji, by the men of Zone 2, of Nigeria Police Command, Onikan, Lagos, on a three count-charge bordering on obtaining money under false pretence, false representation and fraud. The Police in the charge marked FHC/L/56c/2019, alleged that the  Ecobank manager between 2016 and 2017, fraudulently obtained the sum…

Read More

Alleged N5.5bn debt: Honeywell, Ecobank suit resumes afresh

Legal battle between Honeywell Flour Mill Plc and Ecobank Plc over disputed N5.5 billion debt resumed afresh today before Justice Ayotunde Faji of the  Federal High Court, Lagos.        The legal hostility have to commence afresh  due to the former trial judge, Justice Mohammed Idris elevation to the Court of Appeal. It would be recalled that at the last hearing of the matter, Justice Idris (now Appeal Court Judge) adjourned the matter indefinitely following an interlocutory  appeal filed by Ecobank PLC challenging his refusal to recuse himself from hearing the…

Read More