ADVERTISEMENT
Apples Bite Int'l Magazine
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Ambode Lost Second Term Over Failure To Align With Tinubu’s Expectations – Ex-Presidential Aide

    Ambode Lost Second Term Over Failure To Align With Tinubu’s Expectations – Ex-Presidential Aide

    Dozens Feared Dead as Airstrike Hits Border Market in Borno–Yobe

    Dozens Feared Dead as Airstrike Hits Border Market in Borno–Yobe

    Dauda Lawal mourns victims of bandits’ attack in bukkuyum

    Dauda Lawal Mourns Victims Of Bandits’ Attack In Bukkuyum

    Teen Arrested in Delta for Allegedly Hacking Celebrities’ WhatsApp Accounts, Selling Explicit Content

    Teen Arrested in Delta for Allegedly Hacking Celebrities’ WhatsApp Accounts, Selling Explicit Content

    Olawepo-Hashim Warns Killings in Nigeria Are ‘Severely Underreported,’ Decries Global Silence

    Olawepo-Hashim Warns Killings in Nigeria Are ‘Severely Underreported,’ Decries Global Silence

    ADC Fixes May 12 for State Excos Inauguration Despite Legal Dispute

    ADC Fixes May 12 for State Excos Inauguration Despite Legal Dispute

    Atiku Counters Tinubu, Says Nigeria Costlier Than Kenya Despite Lower Fuel Prices

    Atiku Counters Tinubu, Says Nigeria Costlier Than Kenya Despite Lower Fuel Prices

    US Begins Visa Sanctions on Nigerians Linked to Religious Freedom Violations

    US Begins Visa Sanctions on Nigerians Linked to Religious Freedom Violations

    FG Reduces Import Duties on Rice, Vehicles, Steel as New 2026 Fiscal Policy Takes Effect

    FG Reduces Import Duties on Rice, Vehicles, Steel as New 2026 Fiscal Policy Takes Effect

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Ambode Lost Second Term Over Failure To Align With Tinubu’s Expectations – Ex-Presidential Aide

    Ambode Lost Second Term Over Failure To Align With Tinubu’s Expectations – Ex-Presidential Aide

    Dozens Feared Dead as Airstrike Hits Border Market in Borno–Yobe

    Dozens Feared Dead as Airstrike Hits Border Market in Borno–Yobe

    Dauda Lawal mourns victims of bandits’ attack in bukkuyum

    Dauda Lawal Mourns Victims Of Bandits’ Attack In Bukkuyum

    Teen Arrested in Delta for Allegedly Hacking Celebrities’ WhatsApp Accounts, Selling Explicit Content

    Teen Arrested in Delta for Allegedly Hacking Celebrities’ WhatsApp Accounts, Selling Explicit Content

    Olawepo-Hashim Warns Killings in Nigeria Are ‘Severely Underreported,’ Decries Global Silence

    Olawepo-Hashim Warns Killings in Nigeria Are ‘Severely Underreported,’ Decries Global Silence

    ADC Fixes May 12 for State Excos Inauguration Despite Legal Dispute

    ADC Fixes May 12 for State Excos Inauguration Despite Legal Dispute

    Atiku Counters Tinubu, Says Nigeria Costlier Than Kenya Despite Lower Fuel Prices

    Atiku Counters Tinubu, Says Nigeria Costlier Than Kenya Despite Lower Fuel Prices

    US Begins Visa Sanctions on Nigerians Linked to Religious Freedom Violations

    US Begins Visa Sanctions on Nigerians Linked to Religious Freedom Violations

    FG Reduces Import Duties on Rice, Vehicles, Steel as New 2026 Fiscal Policy Takes Effect

    FG Reduces Import Duties on Rice, Vehicles, Steel as New 2026 Fiscal Policy Takes Effect

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
Apples Bite Int'l Magazine
No Result
View All Result
Adron Homes Esther ad
Home Metro Crime

EFCC Arrests Bank MD, 2 Catholic Sisters Over N1.2bn Loan Fraud

admin by admin
August 21, 2025
in Crime
Reading Time: 2 mins read
0
EFCC

EFCC

0
SHARES
25
VIEWS
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission has arrested 2 Catholic Church sisters for allegedly tampering with shareholders’ documents at the Corporate Affairs Commission.

The suspects, Rev. Sisters Annette Ezekwem and Gertrude Okafor, staff of Madonna University in Elele, Rivers State, were apprehended alongside the Managing Director of Mayfresh Mortgage Bank Limited, Aba, Abia State, Mr. Mark Egbegolu.

They have been accused of fraudulent changes to shareholders’ names and dates of birth, allegedly to avoid a repayment of a N1.2 billion loan obtained 5 years ago.

Findings have shown that the principal suspect, Deputy Vice-Chancellor of Madonna University, Prof. Martin Anagboso, who allegedly masterminded the scheme at the CAC, was detained by the EFCC last week.

RelatedPosts

Court Orders Interim Forfeiture of Ikeja Hotel Linked to Olutoke Over Alleged Forex Scam

March 15, 2026

NDLEA Arrests 74-Year-Old Man with 11kg Cocaine Hidden in Ground Pepper at Abuja Airport

March 15, 2026

Enugu Police Arrest 74-Year-Old Islamic Leader, Sarikin Hausawa Over Alleged ₦100m Fraud

March 3, 2026

Reports said that Prof. Martin created a debenture in favour of Mayfresh Mortgage Bank to secure the N1.2 billion loan. To evade repayment, he reportedly connived with accomplices to change CAC records, stripping majority shareholders of their lawful holdings and blocking repayment demands.

EFCC has since accused the suspects of trying to alter the names and dates of birth of Chief Steven Edeh (Late), Arc. John Paul, and Mrs. Maria Edeh-Omeogo, who are major shareholders at Mayfresh Mortgage Bank, to divert payment of the loan.

Their capture happened after the National Security Adviser, Mallam Nuhu Ribadu, ordered the EFCC to look into the alleged tampering with the bank’s records.

Reacting, the Rule of Law and Accountability Advocacy Centre blasted the alleged crime.

Its Executive Director, Dr. Okechukwu Nwanguma, called for a quick investigation and prosecution, stressing that the case must not be swept under the carpet.

All attempts to speak to the suspects proved abortive, with phone calls and SMSes still unanswered thus far.

Apples Bite Magazine Icon
admin
Tags: EFCC

Related Posts

Crime

Police Nab Three Armed Robbery Suspects in Ibadan, Recover ₦31.75M in Stolen Goods

February 28, 2026
Crime

3 South Africans Face Murder Charges Over Killing of Nigerian Bolt Driver

February 17, 2026
Crime

Political Thugs Allegedly Linked to Governor Abiodun Attack Ogun Resident

February 13, 2026
Crime

Nigerian organizations face 4,701 cyber-attacks weekly, highest in Africa

February 12, 2026
Crime

Police Bust Online Kidnapping Scheme: Four Arrested Over ₦7m Ransom Plot in Cross River

February 9, 2026
Teen Arrested in Delta for Allegedly Hacking Celebrities’ WhatsApp Accounts, Selling Explicit Content
Crime

Ogun Police Arrest Man, Recover Four Human Heads

February 6, 2026
Load More
Apples Bite Int'l Magazine

Apples Bite Magazine is your premier destination for updates in business, daily news, and entertainment. At Apples Bite, we serve insightful stories and in-depth analysis, curated to empower professionals, entrepreneurs, and forward-thinking individuals who thrive on staying ahead of the curve.

© 2025. All Rights Reserved. ApplesBite International Magazine. Designed by DeedsTech.

No Result
View All Result
  • News Bite
    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us

© 2025. All Rights Reserved. ApplesBite International Magazine. Designed by DeedsTech.