Zumax Nigeria drags FCMB to Court over N1 Bbillion Monumental Fraud

Zumax Nigeria has dragged FCMB to court over improper management of it account and the diversion of N1 Billion,resulting in what it called monumental fraud.

• There have been amazing revelations in the Lagos State High Court, where FCMB is currently defending allegations that it is responsible for the massive defrauding of a corporate customer.  (The suit no. in the

Kanu Nwankwo: Ayo Gam-Ikon stole over one billion naira from me

The clash between Kanu Nwankwo and his business partner,Ayo Gam-Ikon seems to be more than what friends can handle. Kanu and his brother has finally dragged the former banker to court over alleged fraud running to N1.4 billion (Naira)

Here is the news

Ex-Nigeria star Nwankwo Kanu has lost N1.4bn (about $104m) and a top executive of his hotel has been arrested and charged to court.

Managing director of Hardley Suites Hotel in Lagos, Ayoola Gam Ikon, 49, has been arrested and charged to court for the alleged fraud, according to a PM News report.

Operatives of the Inspector General of Police Monitoring Unit arrested Ikon, the managing director of Hardley Suites Limited situated at Waziri Ibrahim Crescent, off Elsie Femi Pearse Street, Victoria Island, Lagos,  for allegedly stealing the N1.4bn belonging to the hotel owned by Kanu.

Also arrested along with him over the alleged fraud is