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Page 11 - யோலா மின்சாரம் விநியோகம் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Former-Skye Bank chair, Ayeni drags business partner, Okunbo, to EFCC, alleges stealing, diversion of millions of dollars

Mr Tayo Ayeni, a former chairman of the defunct Skye Bank (now Polaris Bank), has accused his business partner, Captain Hosa Okunbo, of mismanagement, stealing and diversion of millions of funds belonging to their company, Ocean Marine Security (OMS) Limited. Ayeni made the allegation in a petition to the Economic and Financial Crimes Commission (EFCC) through his lawyer, Mr Femi Fálànà (SAN). He also accused Okunbo in the petition of scheming him out of the company. Ayeni’s lawyer, Falana said in the petition that sometime in 2007, that his client, Okunbo, Joe Aikhomu, represented by his father, Admiral Augustus Aikhomu, and Gareth Dooley formed a company named Ocean Marine Security Limited, which later became Ocean Marine Solutions Limited.

Ex-Skye Bank chair Tunde Ayeni accuses Captain Okunbo of stealing, criminal diversion of millions of dollars

A former chairman of the defunct Skye Bank (now Polaris Bank), Mr Tunde Ayeni, has dragged his business partner, Captain Hosa Okunbo, to the Economic and Financial Crimes Commission (EFCC) for alleged mismanagement, stealing and diversion of funds from their company – Ocean Marine Security Limited. In the petition written by his counsel, Mr Femi Fálànà (SAN), Ayeni gave a vivid account of how Okunbo tried to scheme him out of the company.

Ayeni Accuses Okunbo of Stealing, Criminal Diversion of Millions of Dollars

Ayeni Accuses Okunbo of Stealing, Criminal Diversion of Millions of Dollars
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FG Grants Yola Disco N5bn Loan for Procurement of 85,000 Meters

The federal government has granted the Yola Electricity Distribution Company (YEDC), a N5 billion loan for sourcing of 85,375 meters for its customers. In December last year, the government said it was taking over the Disco and said it was ready to refined the sum of N26.9 billion for the acquisition of the company by private investors. Minister of Power, Sale Mamman, who made the announcement in Yola, Adamawa State, during the launch of the mass metering programme for the YEDC, said the implementation of the programme was paying off as one of the most ambitious packages in the history of the sector in Nigeria.

Nigerian government gives YEDC N5 billion loan to install 85,000 meters

TODAY December 12, 2020 The Minister of Power Sale Mamman has disclosed that the Yola Electricity Distribution Company (YEDC) has received a N5.061billion loan to procure and install 85,376 prepaid meters for its customers in the North-East. Mamman disclosed this in Yola, Adamawa state during the launch of the mass metering programme for Yola DisCo, saying the implementation of the programme is paying off as one of the most ambitious packages in history. Mamman said, “I am especially happy to inform you that the Federal Government of Nigeria has granted the Yola Distribution Company a soft loan of N5.061b for sourcing of 85,376 meters, comprising 62,324 single-phase and 23,052 three-phase meters under phase zero (0) of the National Mass Metering Programme.”

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