Former Federal Mortgage Bank CEO Granted N100 Million Bail In Alleged $65 Million Fraud Case

The Federal High Court in Abuja grants N100 million bail to the former Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), Gimba Kumo Yau, who is accused of awarding a $65 million real estate contract to an allegedly unqualified company, Good Earth Power Nigeria Limited, in 2012. Justice James Omotosho also grants … Continue reading Former Federal Mortgage Bank CEO Granted N100 Million Bail In Alleged $65 Million Fraud Case