There have been frauds in history, but selling an airport to an international client without physical site seeing for verification and legitimacy of the deal is rather bizarre.
Emmanuel N
Gavel PHOTO: Getty images
Emmanuel Nwude, a businessman, who was convicted of defrauding a Brazilian bank of 242 million dollars, has denied knowing the source of the funds while testifying on Thursday before an Ikeja Special Offences Court.
The News Agency of Nigeria (NAN) reports that Nwude was convicted by an Ikeja High Court in 2005 for impersonating Paul Ogwuma, a governor of the Central Bank of Nigeria (CBN), who had served from Oct. 1, 1993, to May 29, 1999, in order to defraud a Brazilian bank.
The bank, Banco Noroeste, was defrauded of 242 million dollars between 1995 and 1998. x
As at the time of the incident, it was the third-largest bank fraud in history, resulting in the collapse of Banco Noroeste in 2001.
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For two years, filmmaker Chioma Onyenwe investigated one of the biggest fraud cases in Nigeria. The result of that research is creatively packaged in a new podcast series. Vanessa Obioha explores the filmmakerâs new endeavour
Last year was going to be a time filmmaker Chioma Onyenwe travelled the most. Her itinerary was meticulously planned. Friends living in selected cities and countries were notified of her intended visit. Then the coronavirus pandemic happened and her travel dreams returned to a wishful state.
The Africa International Film Festival (AFRIFF) â where she serves as the artistic director â which would have provided her with an opportunity to mingle and connect with friends was also cancelled. She had to halt the city tour of her âAugust Meetingâ play as well. With nowhere to go, Onyenwe longed for the pre-COVID-19 era where the human touch was not a scarce commodity.