https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Tuesday, July 7, 2026
The Genius Media NG
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media NG
No Result
View All Result

REVEALED!!! Why EFCC Is After Ambode….Herbert Wigwe The GMD/CEO, Access Bank Link

Tgmedia by Tgmedia
September 5, 2019
in Banking, Business
0
" data-ad-slot="">

RelatedPosts

BREAKING: After 12 Years at the Helm, UBA Appoints New Chairman As Tony Elumelu Retires

NDDC Harps on Building Stronger Families and Communities

Panic As Providus Bank Customers Confirm Unauthorised Transactions Amid Data Breach

Unsavory details have continue to unfold following the raid by the Economic and Financial Crimes Commission, EFCC, on the Epe and Ikoyi, Lagos homes of former Laģos Governor, Mr. Akinwunmi Ambode on Tuesday morning.

Advertisement. Scroll to continue reading.

The anti-graft agency’s operatives had stormed the Epe country home of Ambode but were prevented from gaining entry by a horde of youth.

ADVERTISEMENT

In a statement by his media aide, Habib Aruna, the former governor, who is out of the country, said that the EFCC operatives’ visit to his houses was without any prior notice.

According to the statement, “These searches were carried out extensively and the operatives left without any incident. The former governor reiterates that the EFCC has till date not had any direct communication with him on any subject matter whatsoever and if or when it occurs, he is ready and willing to respond.”

Reacting, Tony Orilade, spokesman of the EFCC, said the search on the house was not a raid, but part of an ongoing investigation which is “in line with (the EFCC’s) mandate and the rule of law.”

Orilade further said, “We need to state for the records that the EFCC did not raid Ambode’s house. It is instructive that his administration, like other former governors, is under investigation since they no longer constitutionally enjoy immunity against prosecution.”

As a tradition, the commission, Orilade stated, does not carry out an investigation on the pages of the newspapers or through the media; “Our operations are always covert until at a time when we file charges in court. Therefore, the attempt to cast the commission in a bad light is unacceptable as the EFCC will never engage in an illegal act. We remain committed to the war against corruption.”

However, EFCC sources have claimed that Ambode has come under the scrutiny of the anti-graft agency for alleged financial malfeasances during his tenure as governor of Lagos State between 2015 and 2019.

Apart from the multi-billion dollar Visionscape deal which many described as greatest injustice to the Lagos economy, there are allegations that the former governor awarded some contracts that did not go through due process thus the investigation by the anti-graft agency.

EFCC sources alleged that a year into Ambode’s administration, a particular company, Craneburg Construction, established in 2016, and purportedly owned by Ambode’s bosom friend, Herbert Wigwe, the GMD/CEO, Access Bank Plc, without previous construction experience, reportedly awarded a $300million deal for road projects around select areas of the state particularly the former Governor’s Epe constituency.

A source within the EFCC said Ambode, who has decided to stay put in London since his exit as Lagos governor in May, is being investigated over this contract deal.

While the investigation on this continues, the source said the former governor is also being investigated for his dealings with the bank over his four-year administration.

 

Share this:

  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Reddit (Opens in new window) Reddit
  • Share on Tumblr
  • More

Like this:

Like Loading…
Previous Post

BREAKING: Tinubu Is Dead, Governor Sanwo-Olu Mourns

Next Post

EFCC Arrests 48 Suspects for Various Offences in Benue State

Related Posts

Business

2021 FISCAL BUDGET: National Assembly To Receive N128 Billion – Buhari

by Tgmedia
October 8, 2020
0

2021 FISCAL BUDGET: National Assembly To Receive N128 Billion - Buhari---President Buhari presented the 2021 Appropriation Bill to a joint...

Read more

See Adoring Photos Of 50-Year-Old Mother Who Enrolled In JSS2 At Ilorin Grammar School

February 9, 2021
Transcorp increases power generation to the National Grid as it commissions rehabilitated GT Unit 20

Transcorp increases power generation to the National Grid as it commissions rehabilitated GT Unit 20

January 30, 2023
Next Post

EFCC Arrests 48 Suspects for Various Offences in Benue State

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Copyright © 2024 TheGeniusMedia.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from The Genius Media NG

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d