FG to sue fraudaulent banks

The federal government is bracing up to sue some banks in Nigeria for failing to report to the right quarters about the huge sum of money in their custody which belongs to former petroleum minister.

According to a report by EFCC, for doing so its alleged that such banks participated in the money laundering spearheaded by the ex-minister last dispensation.

A concise list of banks under investigation will soon be released by the agency

Author: Jenny

A freelance Journalist, and an advocate of peace

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