Featured post

How Oyo Kidnapped Children Were Rescued After Weeks in Captivity

-
Image
https://selar.com/p/ryiq?affiliate=udgp 🧼 Learn How to Make Soap and Start Your Own Business! Have you always wanted to make quality bathing soap, liquid soap, detergent, or other cleaning products? This easy-to-understand guide teaches you the process step by step, even if you're a beginner. ✅ Beginner-friendly ✅ Practical instructions ✅ Learn at your own pace ✅ Great skill for personal use or starting a business Get your copy today and start learning! There was widespread relief across Nigeria after security operatives successfully rescued the children and teachers who were kidnapped in Oyo State following weeks of uncertainty and fear. The rescue operation marked the end of a traumatic experience for the victims and their families, while also highlighting the importance of intelligence-driven security operations in tackling kidnapping. The abduction had shocked many Nigerians when armed men attacked schools in Oriire Local Government Area of Oyo State, taking away dozen...
Post a Comment

EFCC Arrests Madonna University Deputy Vice-Chancellor Over Alleged ₦4 Billion Fraud

-

In a developing corruption scandal shaking the academic and financial sectors, the Economic and Financial Crimes Commission (EFCC) has arrested Prof. Martin Anagboso, the Deputy Vice-Chancellor of Madonna University, over allegations of financial fraud, forgery, and corporate misconduct.

According to reports, the arrest took place at the Abuja International Airport, following a petition by a human rights lawyer, Barrister Olu Omotayo, to the DSS and EFCC. The petition alleges that Prof. Anagboso, alongside Annete Ezekwem and others, orchestrated the illegal alteration of company records at the Corporate Affairs Commission (CAC). The changes reportedly involved shareholding structures of Mayfresh Mortgage Bank Limited, where a controversial loan totaling over ₦4 billion is at the center of dispute.

The case, which began drawing public attention in late 2024, took a serious turn after new documents surfaced showing how share records were allegedly forged to edge out legitimate stakeholders and block them from recovering funds. One of the key figures also mentioned is Mark Egbegolu, the acting Managing Director of Mayfresh Bank, who is alleged to have fraudulently transferred ₦30.15 million into private accounts.

The whistleblowing lawyer called on Nigerian authorities to take immediate action, insisting that these fraudulent dealings not only undermine investor trust but also raise serious questions about the university's corporate ethics and financial dealings.

While Prof. Anagboso has reportedly been released on administrative bail, the EFCC is expected to press formal charges in the coming weeks, pending completion of investigations.

This high-profile arrest sends a strong message that no individual is above the law, especially within educational institutions that should represent integrity and accountability. Nigerians are now watching closely to see if justice will be served and whether Madonna University will respond publicly to the allegations surrounding one of its top officials.

Stay tuned to Luchiinter Blog for updates on this developing story.


Comments

Post a Comment

Popular posts from this blog

“Powering Nigeria’s Future: How Gas Investments Are Cutting Costs and Driving Growth”

-
Image
Nigeria is embarking on a bold journey to transform its energy landscape, and at the heart of this transformation is the Midstream and Downstream Gas Infrastructure Fund (MDGIF) . Established under the Petroleum Industry Act (PIA) of 2021 , the MDGIF is now one of the most ambitious initiatives in Africa’s energy sector, designed to drive investment in gas infrastructure, reduce harmful gas flaring, and make energy more affordable for everyday Nigerians. Over the past year, the MDGIF has moved from a concept on paper to a funding powerhouse, supporting over 16 companies to develop gas-related projects that could reshape how Nigeria produces, transports, and uses energy. With a clear focus on infrastructure development, this initiative promises not only to reduce the country’s dependence on petrol but also to boost economic growth, create jobs, and cut energy costs for millions. A Vision Backed by Investment Gas is increasingly seen as the future of energy in Nigeria. The country h...
Read more

Dubai Jails Nigerian Lady For Filming Maltreatment, Family Kicks

-
Image
A Nigerian woman, identified as @dunchichi on Twitter, has been reportedly sentenced to a one-year jail term by the United Arab Emirates government for a social media post, showing how some Nigerian nationals were illegally detained at Dubai international airport.  On August 31, Lar had taken to her  Twitter  page to share photos and videos of herself and other people she identified as Nigerians being detained at the Dubai international airport. She wrote,  “I am at the Dubai international airport and myself and some tiger Nigerians with valid visas are being held in a room hours after arriving with no explanation and no information on what we can do. Please help me. There is more than 20 of us.” In a series of posts that followed, Lar accused the airport authorities of humiliating Nigerians. On Saturday, her family, in a post by one  @jerrydoubles,  said she was sentenced for exposing the maltreatments of Nigerians in Dubai. The post read in part,  “I...
Read more

Title: MultiChoice Nigeria Fined ₦766 Million for Data Privacy Violations

-
Image
MultiChoice Nigeria , the popular entertainment and satellite television service provider, has been slammed with a hefty fine of ₦766 million by the Nigeria Data Protection Commission (NDPC) over violations of the country's Data Protection Act . The development marks a major move by Nigerian authorities to uphold data privacy and ensure organizations are held accountable for mishandling personal data. The NDPC’s investigation revealed that MultiChoice was involved in what it described as " intrusive data processing " practices. These included collecting and handling the personal data of both subscribers and non-subscribers without proper consent. Furthermore, the commission found evidence that MultiChoice engaged in cross-border transfers of Nigerian citizens’ data without complying with legal protocols. According to the NDPC, these actions were in violation of Section 37 of the 1999 Nigerian Constitution and the Nigeria Data Protection Act 2023 . The probe, which ...
Read more