Tag Archives: Describes Reports Untrue

N41Bn NITEL Liquidation Scam; UBA Distances Self, Describes Reports Untrue, Malicious, Misleading

LAGOS – United Bank for Africa (UBA) Plc has described as “untrue, misleading, malicious, libelous” reports in a section of the media that Mr Tony Elumelu, Chairman, UBA Plc, was allegedly involved in a N41 billion fraud, with respect to the defunct Nigeria Telecommunication Company (NITEL). According to the reports, …

Read More »