FORMER BANK OF CHINA CHAIRMAN SENTENCED TO DEATH ON CORRUPTION CHARGES. (PHOTO).

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 Former Bank of China chairman sentenced to death on corruption charges Liu Liange, former Party chief and chairman of Bank of China, was sentenced to death with a two-year reprieve in a first-instance trial on Tuesday for accepting large sums in bribes. The sentence was delivered by the Jinan Intermediate People's Court in East China's Shandong Province, according to China Central Television (CCTV). During his tenure from 2010 to 2023, Liu took bribes of 121 million yuan ($16.7 million) to assist with loans, projects, and personnel arrangements. He approved illegal loans amounting to 3.32 billion yuan from 2017 to 2020, causing losses of over 190.7 million yuan. Liu was sentenced to death with a two-year reprieve, stripped of his political rights for life and had all personal assets seized. He also received a 10-year prison term and a 150,000 yuan fine for illegal loan issuance. His illicit gains and their proceeds will be seized and handed over to the state treasury, accordin
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EFCC ARRESTS SUSPECTED INTERNET FRAUDSTER IN ABUJA. (PHOTO). #PRESS RELEASE.

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 EFCC Arrests Suspected Internet Fraudster in Abuja


Operatives of the Economic and Financial Crimes Commission, EFCC, on Wednesday, 27 November 2024, arrested one suspected internet fraudster. 


 The suspect was arrested at No.25 Aliyu Modibbo Street, Guzape Hills, Abuja following credible intelligence on his alleged involvement in internet fraud.

Items recovered from him include  a Range Rover Velar 2019 model, $4100 (Four Thousand One Hundred United States Dollars), N2,000,000 (Two Million Naira) cash, One AP silver wrist watch, two mobile phones and one laptop.

 

He will be charged to court upon conclusion of investigations.

 

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