Vanguard

Reps probe loss of N2bn, $3.8m from sale of PHCN
Vanguard
The House of Representatives is to investigate the alleged loss of N2 billion and $3.8 million through banks' non-payment of interests on the proceeds of the sale of Power Holding Company of Nigeria, PHCN, successor companies. The decision followed the
Reps order probe into alleged N2b, $3.8m fraud by banksGuardian (blog)
PHCN sale: Reps probe CBN, banks over $3.8m, N2bn diversionNew Telegraph Newspaper

all 3 news articles »